MABEC PRS LLP

1. MABEC PRS LLP 2017-03-06 → present
2. PENTA MABEC GP LLP 2017-01-24 → 2017-03-06

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 §1A

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

PKF Smith Cooper Audit Limited.

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the work performed, the members have a reasonable expectation that the LLP and the Group will be able to meet their liabilities as they fall due for at least twelve months from the date of approval of these financial statements and, consequently, continue to apply the going concern basis.”

Group structure

1. MABEC PRS LLP · parent
   1. Tosca Mill Limited 100% · Jersey
   2. Tosca Mill 1 Limited 100% · Nottingham
   3. Toscafield Leicester Limited 100% · Nottingham
   4. Toscafield Property Limited 100% · Jersey
   5. Toscafield Property 2 Limited 100% · Jersey
   6. Toscafield Property 3 Limited 100% · Nottingham
   7. Mabec PRS Developments Limited 100% · Nottingham

Significant events

• “The forecasts for Mabec PRS LLP group are also dependent on Tosca Penta PRS Limited Partnership not calling on the loans or other amounts owed by the group. The group's parent has confirmed its intention to continue to make available such funds as are needed by the group for the period covered by the forecasts.”
• “During the current year, the carrying value of the WIP has been impaired by £3.88m in line with an accepted sales price in May 2025 for one of the properties, however at the date of approval of the financial statements the sales process has not been fully completed.”

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

Filings

2

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

  -55.6%

  £1,342,522 → £596,159

• Net assets

  -313.9%

  £1,457,458 → -£3,116,906

• Employees

  —

  Not reported

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