Glp Blade 3 Limited
Development of building projects · London
ActiveUnited KingdomIncorporated 2021Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£10,559,396
Cash
£24,543
Turnover
£4,975,006
Profit / loss
−£1,599,818
Current assets
£1,853,110
Creditors < 1 year
£26,608,896
Equity
£10,559,396
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 | 2025-12-31Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £10,559,396 | £12,633,731 |
| Equity | £10,559,396 | £12,633,731 |
| Share capital | £8,215,009 | £8,215,009 |
| Retained earnings | £2,677,739 | £4,277,557 |
| Assets | ||
| Fixed assets | £94,600,000 | £90,620,000 |
| Current assets | £1,853,110 | £1,355,938 |
| Cash at bank | £24,543 | £38,763 |
| Debtors | £1,828,567 | £1,176,010 |
| Liabilities | ||
| Creditors within one year | £26,608,896 | £24,823,991 |
| Creditors after one year | £54,110,575 | £50,356,890 |
| Provisions | £4,840,890 | £4,161,326 |
| Net current assets | −£25,089,139 | −£23,468,053 |
| Assets less current liabilities | £69,510,861 | £67,151,947 |
| Profit & loss | ||
| Turnover | £4,975,006 | £2,106,540 |
| Administrative expenses | £511,444 | £895,600 |
| Other operating income | — | £123,478 |
| Operating profit | £3,845,050 | £17,103,091 |
| Interest receivable | £4,631 | £3,134 |
| Interest payable | £4,769,935 | £3,244,877 |
| Profit before tax | −£920,254 | £13,861,348 |
| Tax | £679,564 | £4,161,326 |
| Profit / loss | −£1,599,818 | £9,700,022 |
| Operating costs | ||
| Audit fees | £6,831 | £5,326 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Going concern
- The auditor reported a material uncertainty about going concern
- Auditor
- KPMG LLP
- Audit opinion
- Clean (unmodified)
- Immediate parent
- GLP Blade Midco 1 Limited
- Ultimate parent
- Europe Logistics Co-Invest Partners I SCSp
- Accounts
- Small company · FRS 102 Section 1A
- Approved
- 2026-09-10, signed by B Topley
Borrowings (1)
- Bank loans · 54,110,575 · Fixed and floating interest rates; blended interest rate was 6.602%. · Maturity date of 13 March 2027; two one-year extension options are available. · secured on All its assets and undertakings charged as security for the loan; parent company guarantees also in place.
Share classes (1)
- 8,215,009 Ordinary of £1
Events after the year end (1)
- There were no material events subsequent to the reporting date.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesFloating · created 2024-08-19
—
Outstanding