GLASGOW RESIDENCES (KENNEDY STREET) LLP
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-05 (in 8mo)
Last made up 2025-12-22
Watchouts
None on the register
Cash
£5M
+22.4% vs 2023
Net assets
£10M
+2.7% vs 2023
Employees
0
Average over period
Profit before tax
£267K
+585.5% vs 2023
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £4,159,000 | £4,743,000 | |
| Operating profit | £1,496,000 | £1,746,000 | |
| Profit before tax | -£55,000 | £267,000 | |
| Net profit | -£55,000 | £267,000 | |
| Cash | £4,293,000 | £5,256,000 | |
| Total assets less current liabilities | £31,692,000 | £31,382,000 | |
| Net assets | £9,796,000 | £10,063,000 | |
| Equity | £9,796,000 | £10,063,000 | |
| Average employees | 0 | 0 | |
| Wages | — | — |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 36.0% | 36.8% | |
| Net margin | -1.3% | 5.6% | |
| Return on capital employed | 4.7% | 5.6% | |
| Gearing (liabilities / total assets) | 70.6% | 69.8% | |
| Current ratio | 3.17x | 3.38x | |
| Interest cover | 0.88x | 1.01x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries the Members have a reasonable expectation that the LLP has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the Financial Statements.”
Significant events
- “The LLP appointed Homes for Students Limited as its property managing agent on 30 August 2024 replacing Fresh Property Group Limited.”
- “The loan facility was renewed for 3 years on 2 March 2023.”
- “The existing loan facility is due to be repaid in March 2026. The LLP will begin negotiations in the coming months to refinance the facility prior to expiration of the existing facility.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GLASGOW RESIDENCES (KENNEDY STREET) HOLDINGS LIMITED | Corporate Llp Designated Member | 2015-12-23 | — | — |
| GLASGOW RESIDENCES (KENNEDY STREET) SPV LIMITED | Corporate Llp Designated Member | 2015-12-23 | — | — |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Glasgow Residences (Kennedy Street) Spv Limited | Corporate entity | voting-rights-75-to-100-percent-limited-liability-partnership, right-to-share-surplus-assets-75-to-100-percent-limited-liability-partnership | 2016-04-06 | Active |
Filing timeline
Last 20 of 35 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-17 | LLMR04 | mortgage | Mortgage satisfy charge full limited liability partnership | |
| 2026-02-17 | LLMR04 | mortgage | Mortgage satisfy charge full limited liability partnership | |
| 2026-02-17 | LLMR04 | mortgage | Mortgage satisfy charge full limited liability partnership | |
| 2026-02-17 | LLMR04 | mortgage | Mortgage satisfy charge full limited liability partnership | |
| 2026-02-17 | LLMR04 | mortgage | Mortgage satisfy charge full limited liability partnership | |
| 2026-02-17 | LLMR04 | mortgage | Mortgage satisfy charge full limited liability partnership | |
| 2026-01-02 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-05 | AA | accounts | Accounts with accounts type full | |
| 2025-01-06 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-14 | AA | accounts | Accounts with accounts type full | |
| 2024-01-04 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-22 | AA | accounts | Accounts with accounts type full | |
| 2023-01-03 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-31 | AA | accounts | Accounts with accounts type full | |
| 2022-08-16 | LLCH02 | officers | Change corporate member limited liability partnership with name change date | |
| 2022-08-16 | LLCH02 | officers | Change corporate member limited liability partnership with name change date | |
| 2022-01-04 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-02 | AA | accounts | Accounts with accounts type full | |
| 2021-01-27 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-02 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+14%
£4,159,000 £4,743,000
-
Cash
+22.4%
£4,293,000 £5,256,000
-
Net assets
+2.7%
£9,796,000 £10,063,000
-
Employees
—
Not reported
-
Operating profit
+16.7%
£1,496,000 £1,746,000
-
Profit before tax
+585.5%
-£55,000 £267,000
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