Glp Doncaster 2 Limited
Development of building projects · London
ActiveUnited KingdomIncorporated 2021Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£11,487,540
Cash
£88,057
Turnover
£3,502,729
Profit / loss
£1,423,224
Current assets
£145,171
Creditors < 1 year
£60,135,662
Equity
£11,487,540
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 | £11,487,540 | £10,326,020 |
| Equity | £11,487,540 | £10,326,020 |
| Share capital | £100 | £100 |
| Retained earnings | £11,729,666 | £10,306,442 |
| Assets | ||
| Fixed assets | £76,300,000 | £76,000,000 |
| Current assets | £145,171 | £1,706,671 |
| Cash at bank | £88,057 | £188,267 |
| Debtors | £57,114 | £1,362,764 |
| Liabilities | ||
| Creditors within one year | £60,135,662 | £25,333,904 |
| Creditors after one year | — | £37,401,550 |
| Provisions | £4,716,898 | £4,645,197 |
| Net current assets | −£60,095,562 | −£23,627,233 |
| Assets less current liabilities | £16,204,438 | £52,372,767 |
| Profit & loss | ||
| Turnover | £3,502,729 | £3,510,001 |
| Administrative expenses | £445,476 | £452,520 |
| Other operating income | £767,043 | £459,095 |
| Operating profit | £3,824,296 | £3,516,576 |
| Interest receivable | £4,765 | £3,134 |
| Interest payable | £2,334,136 | £2,341,080 |
| Profit before tax | £1,494,925 | £1,178,630 |
| Tax | £71,701 | £5,314 |
| Profit / loss | £1,423,224 | £1,183,944 |
| Operating costs | ||
| Audit fees | £6,831 | £6,107 |
| 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 EDP | UK Midco 1 Limited
- Ultimate parent
- Europe Logistics Development Partners 1 SCSp.
- Accounts
- Small company · FRS 102 Section 1A
- Approved
- 2026-09-10, signed by B Topley
Turnover by segment (2)
- Rental and service charge income: 3,502,729 (2025-12-31)
- Rental and service charge income: 3,510,001 (2024-12-31)
Borrowings (1)
- A loan facility · £37,637,980 · The loan is accruing interest at both fixed and floating interest rates. At the end of the year, the blended interest rate was 5.747% (2024: 5.745%). · Original maturity date of 30 June 2026, with two one-year extension options available, with the maturity capable of being extended to a final repayment date of 30 June 2028. Subsequent to the year end, the Company exercised the first extension option on 3 March 2026, extending the maturity date to 30 June 2027. · secured on GLP Doncaster 2 Limited has charged all its assets and undertakings pursuant as security for the loan. There are also parent company guarantees in place.
Share classes (1)
- 100 Ordinary of £1
Events after the year end (1)
- Subsequent to the year end, the repayment date of the bank loan held in current liabilities was extended from an original maturity date of 30 June 2026, to 30 June 2027.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesFloating · created 2023-05-04
—
Outstanding