Pksm Freehold Ltd
Other letting and operating of own or leased real estate · Cambridge
ActiveUnited KingdomIncorporated 2014Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£109,159
Cash
—
Turnover
£18,200
Profit / loss
£18,197
Current assets
£435,369
Creditors < 1 year
£326,210
Equity
£109,159
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 | 2025-12-3112 months · Company · AI-read | 2024-12-31Company · AI-read | 2015-04-30 |
|---|---|---|---|
| Balance sheet | |||
| Net assets | £109,159 | £90,962 | £1 |
| Equity | £109,159 | £90,962 | — |
| Share capital | £1 | £1 | — |
| Retained earnings | £109,158 | £90,961 | — |
| Assets | |||
| Current assets | £435,369 | £417,342 | — |
| Cash at bank | — | — | £1 |
| Debtors | £55,624 | £37,597 | — |
| Stock | £379,745 | £379,745 | — |
| Liabilities | |||
| Creditors within one year | £326,210 | £326,380 | — |
| Net current assets | — | — | £1 |
| Profit & loss | |||
| Turnover | £18,200 | £36,221 | — |
| Cost of sales | — | £7,135 | — |
| Gross profit | £18,200 | £29,086 | — |
| Administrative expenses | £3 | £4 | — |
| Profit before tax | £18,197 | £29,082 | — |
| Profit / loss | £18,197 | £29,082 | — |
| Source evidence | View filing | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Auditor's emphasis
- The auditor's report draws attention to a specific matter (emphasis of matter)
- Principal activity
- The principal activity of the company during the year under review was that of property dealing.
- What it does
- property dealing · ground rent portfolios · freehold properties (AI keywords)
- The year
- Both the development of the business and its financial position at the end of the year were satisfactory.
- Auditor
- Gerald Edelman LLP · senior statutory auditor Talha Farrukh
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Gray's Inn 10 Limited · United Kingdom
- Ultimate parent
- Perseverance Limited · Gibraltar
- Ultimate controlling party
- Perseverance Limited
- Accounts
- Small company · FRS 102
- Approved
- 2026-07-29, signed by N Chambers
Borrowings (1)
- Loan notes issued by its immediate parent undertaking, Gray's Inn 10 Limited · secured on The assets of the company are pledged as security, by way of a fixed and floating charge.
Directors' report (4)
- N Chambers
- W Murray-Bruce · resigned 2025-07-31
- P Langford · resigned 2026-04-30
- P Bishop · appointed 2026-04-17
Share classes (1)
- 1 ordinary of £1 each
Principal risks (4)
- uncertainties relating to the carrying value of ground rent stock properties
- ongoing leasehold reform
- changes to legislation
- valuation assumptions
Events after the year end (2)
- A formal waiver was obtained from the noteholder on 30 June 2026 in relation to the event of default under the loan notes.
- Interest due under the Company's loan notes was not paid on the scheduled payment date of 1 April 2026; a waiver letter was subsequently signed on 8 April 2026 before expiry of the applicable grace period.
Contingent liabilities (2)
- The company has entered into a cross guarantee with certain fellow group undertakings in respect of loan notes issued by its immediate parent undertaking, Gray's Inn 10 Limited. The assets of the company are pledged as security, by way of a fixed and floating charge. The total group liability as at 31 December 2025 was £110,205,868 (2024: £109,370,994).
- No provision has been recognised for other properties where the Group's liability is not currently considered probable or cannot yet be estimated reliably.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesAll Assets · created 2016-07-20
—
OutstandingShow 1 satisfied / released
Floating · created 2016-07-11 · satisfied 2016-08-01
—
Satisfied