Watford Propco Limited

Operation of warehousing and storage facilities for land transport activities · London

ActiveUnited KingdomIncorporated 2022Private Limited Company

Financial position

Accounts to 2025-12-31 · GBP · Company accounts

Net assets

£12,099,502

Cash

£526,800

Turnover

£363,525

Profit / loss

−£960,785

Current assets

£680,458

Creditors < 1 year

£363,248

Equity

£12,099,502

Average employees

GBP · company

Selected figures from the best-ranked available filing for each period. Missing values remain unknown.

2 periods

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	£12,099,502	£9,084,553
Equity	£12,099,502	£9,084,553
Share capital	£820,476	£576,771
Retained earnings	£2,464,061	£3,424,846
Assets
Fixed assets	£23,180,000	£23,950,000
Current assets	£680,458	£224,794
Cash at bank	£526,800	£142,443
Debtors	£153,658	£82,351
Liabilities
Creditors within one year	£363,248	£961,957
Creditors after one year	£11,397,708	£12,986,249
Provisions	—	£1,142,035
Net current assets	£317,210	−£737,163
Assets less current liabilities	£23,497,210	£23,212,837
Profit & loss
Turnover	£363,525	£52,932
Cost of sales	£412,758	£327,087
Gross profit	−£49,233	−£274,155
Administrative expenses	£370,081	£382,605
Other operating income	£181	£1,131
Operating profit	−£1,227,553	£4,126,717
Interest payable	£875,267	£812,696
Profit before tax	−£2,102,820	£3,314,021
Tax	−£1,142,035	£649,450
Profit / loss	−£960,785	£2,664,571
People & pay
Average employees	2	—
Source evidence	View filing	View filing

What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.

Borrowings (1)

The Company's allocated loan amount under the senior secured facilities agreement · £18,152,000 · Floating rate based on SONIA plus an agreed margin · Initial maturity of two years from first utilisation, with up to three one-year extension options · secured on First-ranking security over the properties and assets of the Borrowers, together with share security over the share capital of the Borrowers

Share classes (1)

Events after the year end (2)

On 10 April 2026, the Company entered into a senior secured facilities agreement as a borrower together with other entities within the financing structure.
On 22 June 2026, the directors approved an interim dividend of £4,738,334 to the Company's sole shareholder, UK Self Storage Portfolio Ltd.

Registered charges, lenders and security interests.

1 outstanding charges

All Assets · created 2026-04-20

—

Outstanding

Show 1 satisfied / released

All Assets · created 2023-08-01 · satisfied 2026-04-21

—

Satisfied