GLENSTONE REIT PLC
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Cash
£8.7m
+277.3% highest in 3 filed years
Net assets
£141m
+3.1% highest in 3 filed years
Employees
10
-9.1% lowest in 3 filed years
Profit before tax
£11m
+28.9% highest in 3 filed years
Net assets
3-year trend · vs Real Estate median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £10,531,892 | £10,735,180 | £10,649,795 | -0.8% | |
| Operating profit | £5,730,734 | £8,822,395 | £11,221,673 | +27.2% | |
| Profit before tax | £5,563,989 | £8,458,965 | £10,906,996 | +28.9% | |
| Net profit | £5,497,207 | £8,472,316 | £10,906,996 | +28.7% | |
| Cash | £3,767,019 | £2,311,640 | £8,722,847 | +277.3% | |
| Total assets less current liabilities | £159,989,760 | £162,541,980 | £160,551,364 | -1.2% | |
| Net assets | £135,170,047 | £136,637,166 | £140,908,431 | +3.1% | |
| Equity | £135,170,047 | £136,637,166 | £140,908,431 | +3.1% | |
| Average employees | 11 | 11 | 10 | -9.1% | |
| Wages | £905,822 | £932,662 | £1,158,659 | +24.2% | |
| Directors' remuneration | £653,825 | £664,462 | £872,300 | +31.3% | |
| Directors' pension contributions | £9,078 | £28,627 | £39,100 | +36.6% | |
| Highest paid director | £281,275 | £281,193 | £399,263 | +42% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | 54.4% | 82.2% | 105.4% | |
| Net margin | 52.2% | 78.9% | 102.4% | |
| Return on capital employed | 3.6% | 5.4% | 7.0% | |
| Gearing (liabilities / total assets) | 17.3% | 17.9% | 14.3% | |
| Current ratio | 1.68x | 1.15x | 2.81x | |
| Interest cover | 3.94x | 5.38x | 7.54x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 3 times since incorporation
- GLENSTONE REIT PLC 2022-01-10 → present
- GLENSTONE PROPERTY PLC 2008-10-20 → 2022-01-10
- GLENSTONE PROPERTY LIMITED 2008-10-20 → 2008-10-20
- GLENSTONE PROPERTY INVESTMENT LIMITED 1970-08-06 → 2008-10-20
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. In assessing this, the directors have prepared forecasts and given due consideration to the long-term financing requirements at Group level, support provided to subsidiary entities by the Parent Company.”
Group structure
- GLENSTONE REIT PLC · parent
- London & Surrey Property Holdings Limited 100%
- Amdale Securities Limited 100%
- Innbrighton Properties Limited 100%
- The Clifford Property Company Limited 100%
- Perrywell Holdings Limited 100%
- Perrywell Road Limited 100%
- Deemark Limited 100%
- Laurie House Freehold Ltd 100%
- Centreshores Limited 73.68%
- Glenstone Asset Management Limited 100%
Significant events
- “In December, we completed the sale of our largest asset; an open storage and waste facility at Newhaven Quay for £15.70m.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MAYBURY, Robert Patrick | Secretary | 2021-04-01 | — | — |
| GREEN, Benjamin Paul | Director | 2012-03-19 | Jan 1974 | British |
| MAYBURY, Robert Patrick | Director | 2021-04-01 | May 1988 | British |
| POWELL, Christopher Lewis | Director | 2012-01-01 | Apr 1961 | British |
| SHAUNAK, Rakesh | Director | 2016-02-24 | Mar 1956 | British |
| SMITH, Adam Clive | Director | 2016-02-01 | Mar 1981 | British |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PICKERING, Andrew James | Secretary | 2017-06-01 | 2021-03-31 |
| ROWLEY, Eric Michael George | Secretary | — | 1997-03-20 |
| SCHORB, Paul Christopher | Secretary | 1997-03-20 | 2016-09-06 |
| BLACKLEE, Frederick Phillips | Director | — | 1995-01-31 |
| GROOM, Roger George | Director | 2000-02-01 | 2009-04-30 |
| GULLIFORD, Andrew Edward Guy | Director | 2006-08-01 | 2011-09-22 |
| HILTON, Christopher Russell | Director | — | 2008-06-13 |
| HILTON, John David | Director | — | 2000-01-31 |
| HILTON, Michael Case | Director | — | 1994-04-19 |
| HILTON, Stephen Philip | Director | — | 2012-06-08 |
| HINDE, Robert Walter | Director | — | 2000-01-31 |
| KENNEDY, Duncan James | Director | 1995-02-01 | 2018-09-30 |
| KHAN, Asim Ali | Director | 2016-02-01 | 2017-09-12 |
| NUGENT, John Henry | Director | 2004-01-01 | 2016-01-29 |
| PICKERING, Andrew James | Director | 2016-09-06 | 2021-03-31 |
| ROWLEY, Eric Michael George | Director | 1995-02-01 | 1997-03-20 |
| SCHORB, Paul Christopher | Director | 2008-10-15 | 2016-09-30 |
| SHAW, James Norman | Director | 1993-11-01 | 2014-01-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Adam Clive Smith | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2017-11-16 |
Filing timeline
Last 20 of 294 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-09-22 RESOLUTIONS Resolution
- 2025-09-26 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-29 | AA | accounts | Accounts with accounts type group | |
| 2026-09-22 | RESOLUTIONS | resolution | Resolution | |
| 2026-07-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-06-16 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-05-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-05-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-05-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-05-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-05-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-05-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-05-01 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-12 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-02 | AA | accounts | Accounts with accounts type group | |
| 2025-09-26 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-31 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-07-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 13
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.