South East Essex Fundco Limited
Management of real estate on a fee or contract basis · Birmingham
ActiveUnited KingdomIncorporated 2007Private Limited Company
Financial position
Accounts to 2026-03-31 · GBP · Company accounts
Net assets
£1,538,000
Cash
£993,000
Turnover
£536,000
Profit / loss
£370,000
Current assets
£10,611,000
Creditors < 1 year
£521,000
Equity
£1,538,000
Average employees
Not available
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2026-03-31Company · AI-read | 2025-03-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £1,538,000 | £1,098,000 |
| Equity | £1,538,000 | £1,098,000 |
| Share capital | £10,000 | £10,000 |
| Retained earnings | £1,758,000 | £1,416,000 |
| Assets | ||
| Current assets | £10,611,000 | £10,582,000 |
| Cash at bank | £993,000 | £851,000 |
| Liabilities | ||
| Creditors within one year | £521,000 | £519,000 |
| Creditors after one year | £7,840,000 | £8,292,000 |
| Bank loans & overdrafts | £6,278,000 | £6,446,000 |
| Provisions | £712,000 | £673,000 |
| Net current assets | £10,090,000 | £10,063,000 |
| Profit & loss | ||
| Turnover | £536,000 | £680,000 |
| Cost of sales | £417,000 | £586,000 |
| Gross profit | £119,000 | £94,000 |
| Administrative expenses | £35,000 | £51,000 |
| Operating profit | £84,000 | £43,000 |
| Interest receivable | £852,000 | £855,000 |
| Interest payable | £442,000 | £459,000 |
| Profit before tax | £494,000 | £439,000 |
| Tax | £124,000 | £110,000 |
| Profit / loss | £370,000 | £329,000 |
| Operating costs | ||
| Audit fees | £6,000 | £6,000 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2026-03-31 say about themselves, read by AI from the scanned filing.
- Auditor
- Goodman Jones LLP
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Prydium Limited
- Accounts
- Small company · FRS 102
- Approved
- 2026-10-09, signed by Daniel Vermeer
Turnover by segment (6)
- Service remuneration: 371 (000s) (2026-03-31)
- Cost recoveries: 71 (000s) (2026-03-31)
- Other income: 94 (000s) (2026-03-31)
- Service remuneration: 430 (000s) (2025-03-31)
- Cost recoveries: 177 (000s) (2025-03-31)
- Other income: 73 (000s) (2025-03-31)
Related parties (4)
- Community Health Partnerships Limited · Joint control shareholder · Income · 1,484 (000s)
- Community Health Partnerships Limited · Joint control shareholder · Income · 1,422 (000s)
- Community Health Partnerships Limited · Joint control shareholder · Amounts owed by related parties · 1 (000s)
- Community Health Partnerships Limited · Joint control shareholder · Amounts owed by related parties · 12 (000s)
Borrowings (2)
- Bank loans · 6,278 (000s) · Variable interest rate, currently stands at 1.27% and is based on SONIA. The company has taken out interest rate swaps to fix the interest rate at 6.07%. · Repayable by six monthly instalments over a period of 25 years. · secured on Secured by a first charge over the land and buildings of the company, legally held by the company, but treated as having been sold under finance debtors in accordance with FRS 102 s.34.12.
- Subordinated loan notes owed to parent company · 435 (000s) · 11.5% per annum · Redeemable on 31 August 2033, but may be redeemed earlier at the discretion of the company. Interest accrues quarterly and is payable half yearly in arrears on 31 March and 30 September each year. · secured on Rank pari passu with all other unsecured obligations of the company.
Share classes (2)
- 10,000 Ordinary shares of £1 each of £1
- 10,000 Ordinary shares of £1 each of £1
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
2 outstanding chargesAll Assets · created 2007-08-09
All monies
OutstandingAll Assets · created 2007-08-09
All monies
Outstanding