HC-ONE PROPERTIES 1 LIMITED
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Cash
—
Latest balance sheet
Net assets
£157M
+89.3% highest in 3 filed years
Employees
0
Average over period
Profit before tax
£92M
+61.4% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Real Estate median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30
| Metric | Trend | 2023-09-30 | 2024-09-30 | 2025-09-30 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £19,550,000 | £18,627,000 | £17,558,000 | -5.7% | |
| Operating profit | £6,073,000 | £53,589,000 | £90,592,000 | +69% | |
| Profit before tax | £14,947,000 | £56,943,000 | £91,920,000 | +61.4% | |
| Net profit | £9,805,000 | £47,963,000 | £73,919,000 | +54.1% | |
| Cash | — | — | — | — | |
| Total assets less current liabilities | £41,068,000 | £98,011,000 | £189,931,000 | +93.8% | |
| Net assets | £34,791,000 | £82,754,000 | £156,673,000 | +89.3% | |
| Equity | £34,791,000 | £82,754,000 | £156,673,000 | +89.3% | |
| Average employees | — | 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 | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|
| Operating margin | 31.1% | — | — | |
| Net margin | 50.2% | — | — | |
| Return on capital employed | 14.8% | 54.7% | 47.7% | |
| Gearing (liabilities / total assets) | — | 69.8% | 63.2% | |
| Current ratio | — | 0.20x | 0.49x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- HC-ONE PROPERTIES 1 LIMITED 2021-08-24 → present
- FC SKYFALL (UK) PROPERTIES LIMITED 2021-03-15 → 2021-08-24
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis... Welltower OP LLC has indicated its intention to continue to make available such funds as are needed by the company... As with any company placing reliance on other group entities for financial support, the directors acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so.”
Significant events
- “On 24 October 2025, Welltower acquired 100% of the issued share capital of HC-One Topco Limited, an indirect parent undertaking of the Company as at 30 September 2025.”
- “On 24 October 2025, 100% of the issued share capital of the Company was sold to Aspen Tower Propco 12 Limited, a company incorporated in Jersey and it is ultimately owned by Welltower Inc.”
- “As of 24 October 2025 the ultimate parent undertaking and controlling party of the company is Welltower OP LLC at 4500 Dorr Street, Toledo, Ohio, 43615, USA”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CSC CORPORATE SERVICES (UK) LIMITED | Corporate Secretary | 2025-11-06 | — | — |
| HAYAT, Khalid Ahmed | Director | 2025-10-24 | Apr 1994 | British |
| MANRIQUE CHARRO, Jorge | Director | 2025-10-24 | Dec 1986 | Spanish |
| PIERPOINT, Misha Jane | Director | 2025-10-24 | Sep 1985 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SMITH, David Andrew | Director | 2021-03-15 | 2025-10-24 |
| TUGENDHAT, James Walter | Director | 2022-02-21 | 2025-10-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Welltower Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-12-23 | Active |
| Hc-One Properties Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-03-15 | Ceased 2025-12-23 |
Filing timeline
Last 20 of 57 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-04-19 MA Memorandum articles
- 2026-04-19 RESOLUTIONS Resolution
- 2026-02-28 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-21 | AA | accounts | Accounts with accounts type full | |
| 2026-06-04 | RP01CS01 | confirmation-statement | Replacement filing of confirmation statement with made up date | |
| 2026-04-19 | MA | incorporation | Memorandum articles | |
| 2026-04-19 | RESOLUTIONS | resolution | Resolution | |
| 2026-04-15 | CH01 | officers | Change person director company with change date | |
| 2026-03-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-02-28 | RESOLUTIONS | resolution | Resolution | |
| 2026-01-05 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-01-05 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-12-30 | SH01 | capital | Capital allotment shares | |
| 2025-11-20 | ANNOTATION | miscellaneous | Legacy | |
| 2025-11-20 | ANNOTATION | miscellaneous | Legacy | |
| 2025-11-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-11-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-11-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-11-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-11-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-11-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-11-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-11-14 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 1
- Officers appointed
- 4
- Officers resigned
- 2
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.