KILRYMONT DEVELOPMENTS LIMITED

1. KILRYMONT DEVELOPMENTS LIMITED 2023-02-22 → present
2. SCOTSMAN SPV LIMITED 2021-10-25 → 2023-02-22

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company has net liabilities of £4,716,298 (2024: £922,747). The company is reliant on the continuing support of its ultimate parent company, Scotsman Holdings PLC, which has provided the company with a letter of support confirming this is in place for a period of 12 months from the date of signing of the financial statements. Accordingly, the directors consider that it is appropriate to prepare the financial statements on a going concern basis.”

Group structure

1. KILRYMONT DEVELOPMENTS LIMITED · parent
   1. Student Space St Andrews Limited 100% · Scotland · Student accommodation

Significant events

• “The entity continues its development of Project Kilrymont in St Andrews, with Phase 2 of the project nearing completion and commitment to begin Phase 3 of the project, mid FY26. The project encompasses the development of student accommodation in St Andrews, where assets of c.£50m to be developed in Phase 3.”
• “Post year end the company utilised additional funding of £6.7m from its bankers.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  +194.2%

  £327,841 → £964,507

• Net assets

  -411.1%

  -£922,747 → -£4,716,298

• Employees

  —

  Not reported

• Operating profit

  -332.8%

  -£170,176 → -£736,577

• Profit before tax

  -224.9%

  -£906,357 → -£2,944,974

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers