GREDP III LENDING LIMITED
Get an alert when GREDP III LENDING LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£330k
+76.4% highest in 3 filed years
Net assets
£481k
+35.2% highest in 3 filed years
Employees
0
Average over period
Profit before tax
£165k
+565.9% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
Although the Company is in a net current liability position at the Statement of Financial Position date, the Fund has provided a letter of support and committed to provide financial support where necessary for a period of 12 months from the date of the audit report. The Directors monitor the cash flow to ensure that the Company can continue to meet its liabilities as they fall due.
-
Going-concern uncertainty disclosed
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £415,757 | £964,324 | £1,175,299 | +21.9% | |
| Operating profit | -£29,234 | -£43,319 | £154,410 | +456.4% | |
| Profit before tax | -£23,485 | -£35,420 | £165,032 | +565.9% | |
| Net profit | -£19,023 | -£28,690 | £125,048 | +535.9% | |
| Cash | £112,347 | £187,364 | £330,498 | +76.4% | |
| Total assets less current liabilities | £384,340 | £355,650 | £480,698 | +35.2% | |
| Net assets | £384,340 | £355,650 | £480,698 | +35.2% | |
| Equity | £384,340 | £355,650 | £480,698 | +35.2% | |
| Average employees | 0 | 0 | 0 | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | £0 | £0 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -7.0% | -4.5% | 13.1% | |
| Net margin | -4.6% | -3.0% | 10.6% | |
| Return on capital employed | -7.6% | -12.2% | 32.1% | |
| Gearing (liabilities / total assets) | 97.0% | 93.9% | 96.2% | |
| Current ratio | 0.03x | 0.07x | 0.05x |
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 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“Although the Company is in a net current liability position at the Statement of Financial Position date, the Fund has provided a letter of support and committed to provide financial support where necessary for a period of 12 months from the date of the audit report. The Directors monitor the cash flow to ensure that the Company can continue to meet its liabilities as they fall due.”
Significant events
- “Up to the date of signing, the following loans have been funded during 2026: £1.8m in relation to the 39 East Road Loan Facility. £7.5m in relation to the 25 Marylebone Road Loan Facility. £5.3m in relation to the Attic Loan Facility.”
- “There have been no other material subsequent events.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NUVEEN CORPORATE SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2021-01-14 | — | — |
| AGHOGHOVBIA, Oghenevona | Director | 2024-07-01 | Feb 1985 | British |
| BROWN, Farrah Louise | Director | 2024-02-15 | Jul 1977 | British |
| SPARKS, Julius | Director | 2021-01-14 | Dec 1967 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARTRAM, Nigel Ian | Director | 2021-01-14 | 2021-06-30 |
| MARSOM, Alexander James | Director | 2022-12-07 | 2024-02-15 |
| MORTON, Duncan David | Director | 2022-03-01 | 2024-07-01 |
| THROSSELL, Colin Paul | Director | 2021-06-30 | 2022-03-01 |
| TILY, Claire Louise | Director | 2021-01-14 | 2022-10-28 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 22 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-13 | AA | accounts | Accounts with accounts type full | |
| 2026-02-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-11 | AA | accounts | Accounts with accounts type full | |
| 2025-01-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-18 | AA | accounts | Accounts with accounts type full | |
| 2024-07-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-26 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-10 | AA | accounts | Accounts with accounts type full | |
| 2023-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-15 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-31 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-06 | AA | accounts | Accounts with accounts type full | |
| 2022-03-29 | AP01 | officers | Appoint person director company with name date | |
| 2022-03-01 | TM01 | officers | Termination director company with name termination date | |
| 2022-01-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-06 | TM01 | officers | Termination director company with name termination date | |
| 2021-07-05 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.