Dar Re Finance Co Limited
The principal activity of the Company is to act as a financing company for the purposes of the completion of the development of the 150 Holborn building. Going concern The directors of the Company have prepared the financial statements on the going concern basis as they consider that the Company will have sufficient funding to enable it to meet its obligations for a period of at least 12 months from the date of approval of these financial statements. The Company has total net liabilities of £60,632 and a loss before tax of £12,542. The ultimate parent company has committed to provide financial support as is required to enable the Company to meet its financial obligations as they fall due for a period of at least 12 months from the date of approval of these financial statements. The directors have concluded that there is no material uncertainty and that it is appropriate to adopt the going concern basis in preparing these financial statements.
Revenue
£17k
▼ -91.6% vs prior ~12m period
Profit after tax
-£9k
Margin -93.1%
Employees
2
▼ -33.3% vs prior ~12m period
Net assets
-£61k
Total assets £102.4m
Financial history
Revenue by accounting period
4 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | £17k | ▼ -91.6% | -£13k | 2 | -£61k |
| 31 Dec 2023 | £199k | ▲ +213.8% | -£32k | 3 | -£51k |
| 31 Dec 2022 | £64k | ▼ -97.5% | -£18k | 3 | -£31k |
| 31 Dec 2021 | £2.5m | — | -£16k | 3 | -£16k |
Latest available figures
Period ending 31 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £17k
- Gross profit
- Not available
- Operating profit
- -£16k
- Profit before tax
- -£13k
- Profit after tax
- -£9k
Balance sheet
- Total assets
- £102.4m
- Cash
- £1.0m
- Total liabilities
- £102.5m
- Net assets
- -£61k
- Revenue per employee
- £8k
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