INITIAL FOUNDER PARTNER GP1 LIMITED

Accounts Submitted 7 Oct 2025

Confirmation Statement Submitted 4 Dec 2024

Net assets £160.95M £4.50M 2023 year on year

Total assets £456.24M £1.32M 2023 year on year

Total Liabilities £295.29M £3.19M 2023 year on year

Charges None No charges registered

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Contact & Details

Contact

Update Details

Registered Address

Maxim 7, Maxim Office Park Parklands Avenue Eurocentral Holytown ML1 4WQ United Kingdom

Credit Report

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Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2023

Type Total Exemption Full

Next accounts 31 December 2024

Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2021–2023)

Cash in Bank

N/A

Net Assets

£160.95M

Increased by £4.50M (+3%)

Total Liabilities

£295.29M

Decreased by £3.19M (-1%)

Turnover

N/A

Employees

N/A

Debt Ratio

65%

Decreased by 1 (-2%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2023 Dec Year End	2022 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share allotments and capital structure

1 Allotment 99,000,000 Shares £99.00m Total

Date From	Share Class	Shares Allotted	Amount Raised	Price/Share
29 Jun 2015	ORDINARY	99,000,000	£99.00m	£1

Officers

5 active 12 resigned

Show resigned officers

						Status
Gavin Russell	Director	British	United Kingdom	44	1 Oct 2016	Active
George Lawrence Buckley	Director	English	England	61	10 Sept 2021	Active
Ion Francis Appuhamy	Director	British	United Kingdom	61	4 Jun 2015	Active
Sarah Shutt	Director	British	United Kingdom	43	14 Dec 2023	Active
Sophia Erfan	Secretary	Unknown	Unknown	—	9 Aug 2016	Active

Shareholders

Shareholders (1)


Balfour Beatty Investment Holdings Limited	100.0%	121,900,001	Ordinary	4 Dec 2024

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Balfour Beatty Investment Holdings Limited

United Kingdom

Active

Notified 6 Apr 2016

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

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Group Structure

BALFOUR BEATTY INVESTMENT HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

BALFOUR BEATTY PLC united kingdom

INITIAL FOUNDER PARTNER GP1 LIMITED Current Company

BBPF LLP united kingdom voting rights 25 to 50 percent limited liability partnership, right to share surplus assets 75 to 100 percent limited liability partnership

BBPFS LP united kingdom part right to share surplus assets 75 to 100 percent, appoint/remove person, voting rights 25 to 50 percent

Charges

No charges registered

Documents

Company Filings

Date	Category	Description	Document
25 Nov 2025	Officers	Change to director Mr Ion Francis Appuhamy on 2021-02-01	View(2 pages)
7 Oct 2025	Accounts	Annual accounts made up to 2024-12-31	View(41 pages)
4 Dec 2024	Confirmation Statement	Confirmation statement made on 2024-12-04 with updates	View(5 pages)
4 Dec 2024	Confirmation Statement	Confirmation statement made on 2024-11-19 with updates	View(4 pages)
6 Sept 2024	Accounts	Annual accounts made up to 2023-12-31	View(22 pages)