Dar Re Finance Co Limited

Active12968427ConstructionIncorporated 22 Oct 2020 · London

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

Dec 2021
£2.5m
Dec 2022
£64k▼ -97.5%
Dec 2023
£199k▲ +213.8%
Dec 2024
£17k▼ -91.6%
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2024£17k▼ -91.6%-£13k2-£61k
31 Dec 2023£199k▲ +213.8%-£32k3-£51k
31 Dec 2022£64k▼ -97.5%-£18k3-£31k
31 Dec 2021£2.5m—-£16k3-£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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