Lsref Vi Bond (Devonshire Courtyard) Limited
Other company type · St Helier
ActiveUnited KingdomIncorporated 2022Other company type
Financial position
Accounts to 2025-08-31 · GBP · Company accounts
Net assets
−£5,455,197
Cash
£9,549
Turnover
£1,344,987
Profit / loss
−£2,785,929
Current assets
£516,845
Creditors < 1 year
—
Equity
−£5,455,197
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 | 2025-08-3112 months · Company · AI-read | 2024-08-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | −£5,455,197 | −£2,669,268 |
| Equity | −£5,455,197 | −£2,669,268 |
| Share capital | £6 | £6 |
| Retained earnings | −£6,482,811 | −£3,696,882 |
| Assets | ||
| Fixed assets | £10,501,505 | £12,596,710 |
| Investments | £10,190,000 | £12,280,000 |
| Current assets | £516,845 | £560,441 |
| Cash at bank | £9,549 | £19,851 |
| Debtors | £507,296 | £540,590 |
| Liabilities | ||
| Bank loans & overdrafts | £9,534,103 | £9,534,103 |
| Net current assets | −£15,956,702 | −£15,265,978 |
| Profit & loss | ||
| Turnover | £1,344,987 | £1,463,645 |
| Administrative expenses | £22,489 | £23,281 |
| Interest receivable | £4,409 | £948 |
| Interest payable | £1,164,472 | £1,252,556 |
| Profit before tax | −£2,780,724 | −£4,152,558 |
| Tax | £5,205 | −£803,005 |
| Profit / loss | −£2,785,929 | −£3,349,553 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-08-31 say about themselves, read by AI from the scanned filing.
- Principal activity
- The principal activity of the Company is investment property holding in the UK real estate sector focusing on student accommodation
- What it does
- investment property · UK real estate · student accommodation (AI keywords)
- Immediate parent
- LSREF VI Bond (Holdco) Limited · Jersey, Channel Islands
- Ultimate parent
- Lone Star Real Estate Fund VI (Bermuda), L P · Bermuda
- Ultimate controlling party
- Lone Star Real Estate Fund VI (Bermuda), L P and Lone Star Real Estate Fund VI (collectively, “Lone Star Real Estate Fund VI”)
- Accounts
- Small company · FRS 102
- Approved
- 2026-05-14, signed by Adam Christopher James Campbell
Borrowings (2)
- Mezzanine Facility Agreement ("MFA") Interest Bearing Loan ("IBL") · from Royal Bank of Canada, London Branch ("RBC") · the daily non-cumulative compounded RFR rate (SONIA rate) for each interest period plus a fixed applicable margin of 6% · repayable on demand by the Company effective 22 June 2022 · secured on unsecured; the MFA has mezzanine claim against the Company's investment property
- Senior Facility Agreement ("SFA") Bank loan · from Bank of America Europe Designated Activity Company · the daily non-cumulative compounded RFR rate (SONIA rate) for each interest period plus a fixed applicable margin of 2.06% · repayable on demand by the Company effective 22 June 2022 · secured on the SFA has senior claim against the Company's investment property
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesPhoenix signals
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No charges available in our records.