South East Essex Fundco 2 Limited
Private Limited Company · Birmingham
ActiveUnited KingdomIncorporated 2008Private Limited Company
Financial position
Accounts to 2026-03-31 · GBP · Company accounts
Net assets
£3,244,000
Cash
£1,129,000
Turnover
£812,000
Profit / loss
£553,000
Current assets
£17,797,000
Creditors < 1 year
£703,000
Equity
£3,244,000
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 | 2026-03-31Company · AI-read | 2025-03-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £3,244,000 | £2,744,000 |
| Equity | £3,244,000 | £2,744,000 |
| Share capital | £10,000 | £10,000 |
| Retained earnings | £3,006,000 | £2,632,000 |
| Assets | ||
| Current assets | £17,797,000 | £17,591,000 |
| Cash at bank | £1,129,000 | £973,000 |
| Debtors | £16,614,000 | £16,448,000 |
| Liabilities | ||
| Creditors within one year | £703,000 | £769,000 |
| Creditors after one year | £12,506,000 | £12,960,000 |
| Provisions | £1,344,000 | £1,118,000 |
| Net current assets | £17,094,000 | £16,822,000 |
| Profit & loss | ||
| Turnover | £812,000 | £1,010,000 |
| Cost of sales | £629,000 | £836,000 |
| Gross profit | £183,000 | £174,000 |
| Administrative expenses | £50,000 | £61,000 |
| Operating profit | £133,000 | £113,000 |
| Interest receivable | £1,418,000 | £1,408,000 |
| Interest payable | £814,000 | £840,000 |
| Profit before tax | £737,000 | £681,000 |
| Tax | £184,000 | £170,000 |
| Profit / loss | £553,000 | £511,000 |
| Operating costs | ||
| Audit fees | £6,000 | £8,000 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2026-03-31 say about themselves, read by AI from the scanned filing.
- Auditor
- Goodman Jones LLP
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Prydium Limited
- Accounts
- Small company · FRS 102
- Approved
- 2026-09-10, signed by Daniel Vermeer
Turnover by segment (8)
- Services remuneration: 651 (000s) (2026-03-31)
- Rental income: 89 (000s) (2026-03-31)
- Other income: 25 (000s) (2026-03-31)
- Cost recoveries: 47 (000s) (2026-03-31)
- Services remuneration: 708 (000s) (2025-03-31)
- Rental income: 88 (000s) (2025-03-31)
- Other income: 20 (000s) (2025-03-31)
- Cost recoveries: 194 (000s) (2025-03-31)
Related parties (4)
- Community Health Partnerships Limited · Joint control shareholder · Income · 2,292 (000s)
- Community Health Partnerships Limited · Joint control shareholder · Income · 2,239 (000s)
- Community Health Partnerships Limited · Joint control shareholder · Amounts owed by related parties · 2 (000s)
- Community Health Partnerships Limited · Joint control shareholder · Amounts owed by related parties · 12 (000s)
Borrowings (2)
- Bank loans · 10,702 (000s) · Variable interest rate currently stands at 2.602% and is based on SONIA; interest rate swaps fix the interest rate at between 6.225% and 6.475% per annum · Repayable by six monthly instalments over a period of 25 years · secured on Secured by a first charge over the land and buildings, legally held by the company, but treated as having been sold under finance debtors in accordance with FRS 102 s.34.12.
- Subordinated loan notes due to parent undertaking · 1,104 (000s) · 11.2% per annum; interest accrues quarterly · Redeemable on 3 December 2037 but may be redeemed earlier at the discretion of the company; interest payable half yearly in arrears on 31 March and 30 September · secured on Rank pari passu with all other unsecured obligations of the company
Share classes (2)
- 10,000 Ordinary shares of £1 each of £1
- 10,000 Ordinary shares of £1 each of £1
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
2 outstanding chargesAll Assets · created 2011-06-15
All monies
OutstandingAll Assets · created 2011-06-15
All monies
Outstanding