Circadian Limited
Development of building projects · Battersea
ActiveUnited KingdomIncorporated 1999Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£670,966,149
Cash
£95,347,009
Turnover
£85,857,621
Profit / loss
£24,159,656
Current assets
£687,763,155
Creditors < 1 year
£27,875,839
Equity
£670,966,149
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 |
|---|---|---|
| Balance sheet | ||
| Net assets | £670,966,149 | £686,257,493 |
| Equity | £670,966,149 | £686,257,493 |
| Share capital | £610,623,655 | £594,928,655 |
| Retained earnings | £60,342,494 | £91,328,838 |
| Assets | ||
| Fixed assets | £11,078,833 | £8,770,379 |
| Property, plant & equipment | £1,426 | £1,285 |
| Investments | £8,777,407 | £8,769,094 |
| Current assets | £687,763,155 | £685,576,160 |
| Cash at bank | £95,347,009 | £36,350,213 |
| Stock | £551,370,799 | £610,476,752 |
| Liabilities | ||
| Creditors within one year | £27,875,839 | £8,089,046 |
| Capital commitments | £2,010,627 | £2,945,345 |
| Net current assets | £659,887,316 | £677,487,114 |
| Assets less current liabilities | £670,966,149 | £686,257,493 |
| Profit & loss | ||
| Turnover | £85,857,621 | £100,249,162 |
| Cost of sales | £49,473,208 | £52,662,741 |
| Gross profit | £36,384,413 | £47,586,421 |
| Administrative expenses | £9,852,923 | £9,864,554 |
| Other operating income | £753,950 | £4,750 |
| Operating profit | £27,285,440 | £37,726,617 |
| Interest payable | — | £35,745,983 |
| Profit before tax | £32,035,955 | £4,840,196 |
| Tax | £7,876,299 | £1,362,095 |
| Profit / loss | £24,159,656 | £3,478,101 |
| Operating costs | ||
| Depreciation | £468 | £411 |
| Audit fees | £24,802 | £22,478 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Principal activity
- The principal activity of the Company is the development of acquired land at Lots Road, London, SW10 as a mixed-use property scheme known as Chelsea Waterfront project and to sell the developed residential apartments and car park spaces.
- What it does
- property development · residential apartments · car park spaces · property sales · property rental (AI keywords)
- The year
- The directors are satisfied with the level of business and year-end financial position of the Company. As shown in the profit and loss account on page 11, the turnover is £85,857,621 (2024: £100,249,162) representing income from residential apartments and car park spaces sales and rental income receivable from development land.
- Outlook
- The Company will continue to develop the Chelsea Waterfront project and to sell the developed properties.
- Auditor
- Deloitte LLP · senior statutory auditor Tamar Natsvlishvili
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Circadian (CH) Limited · United Kingdom
- Ultimate parent
- CK Asset Holdings Limited · Cayman Islands
- Ultimate controlling party
- CK Asset Holdings Limited
- Accounts
- FRS 102
- Approved
- 2026-08-19, signed by Raymond Chow, Raymond Tam
Subsidiaries (2)
- Chelsea Waterfront Nominee 1 Limited · 100% · England and Wales · Property holding nominee in the United Kingdom
- Chelsea Waterfront Nominee 2 Limited · 100% · England and Wales · Property holding nominee in the United Kingdom
Related parties (7)
- Hutchison Property Group (UK) Limited · fellow group company · Sales consultancy fees · 283,848
- Bymoon Limited · fellow group company · Sales consultancy fees · 428,832
- Hutchison Property Group (UK) Limited · fellow group company · Professional fees for licence fee for alteration and assignment on the resident units · 3,950
- Convoys Properties Limited · fellow group company · Finance income on loans · 636,759
- CK Noble (Jersey) Limited · related entity · Group relief on corporation tax · 2,474
- CK Steel (UK) Limited · related entity · Group relief on corporation tax · 2,242
- Wellness Legion (UK) Limited · related entity · Group relief on corporation tax · 3,208
Principal risks (4)
- external economic climate
- demands in both commercial and residential property sectors
- credit risk
- interest rate risk
Events after the year end (1)
- On 25 June 2026 the Company reduced its preference share capital by £50,000,000 effected by cancelling and extinguishing 50,000,000 of issued preference shares of £1.00 each in the capital of the Company, each of which is fully paid up.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesShow 3 satisfied / released
Property · created 2014-11-11 · satisfied 2015-11-11
—
SatisfiedFixed · created 2012-07-20 · satisfied 2015-11-24
£15,000,000 DUE OR TO BECOME DUE FROM TH E COMPANY TO THE CHARGEE
SatisfiedFixed · created 2003-08-18 · satisfied 2012-08-25
All monies
Satisfied