SORBON ESTATES LIMITED
Get an alert when SORBON ESTATES LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
—
Latest balance sheet
Net assets
£128M
+4.7% highest in 3 filed years
Employees
48
+2.1% highest in 3 filed years
Profit before tax
£7.9M
+31.2% vs 2023
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £26,891,488 | £16,410,348 | £17,089,485 | +4.1% | |
| Operating profit | £14,591,904 | £9,856,105 | £12,323,618 | +25% | |
| Profit before tax | £13,298,622 | £6,004,189 | £7,880,332 | +31.2% | |
| Net profit | £9,851,865 | £4,285,572 | £5,406,694 | +26.2% | |
| Cash | — | — | — | — | |
| Total assets less current liabilities | £191,051,919 | £217,178,029 | £133,368,209 | -38.6% | |
| Net assets | £117,102,700 | £122,279,681 | £128,065,622 | +4.7% | |
| Equity | £117,102,700 | £122,279,681 | £128,065,622 | +4.7% | |
| Average employees | 45 | 47 | 48 | +2.1% | |
| Wages | £2,214,179 | £2,183,981 | £2,986,117 | +36.7% | |
| Directors' remuneration | £468,260 | £299,771 | £300,450 | +0.2% |
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 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | 54.3% | 60.1% | 72.1% | |
| Net margin | 36.6% | 26.1% | 31.6% | |
| Return on capital employed | 7.6% | 4.5% | 9.2% | |
| Current ratio | — | 0.50x | 0.65x | |
| Interest cover | 11.28x | 2.56x | 3.03x |
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 4 times since incorporation
- SORBON ESTATES LIMITED 2007-10-26 → present
- MICHAEL SHANLY INVESTMENTS LIMITED 1996-11-18 → 2007-10-26
- MISHAN INVESTMENTS LIMITED 1994-01-24 → 1996-11-18
- TRY PROPERTY LIMITED 1986-08-01 → 1994-01-24
- W.S. TRY (NORTH LONDON) LIMITED 1973-08-10 → 1986-08-01
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Moore Kingston Smith LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the Financial Statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the Financial Statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the Financial Statements are authorised for issue.”
Significant events
- “The Company's turnover for 2024 comprises rental income of £16.6m and residential property sales of £0.5m. In 2023, rental income totalled £14.7m and residential property sales amounted to £2.1m. Rental income increased by 12.9% year-on-year, reflecting the Group's continued active management of void properties, new lettings, the impact of stepped rent increases, and additions to the portfolio. Property sales decreased, with only one active residential development site reaching the sale stage during the year.”
- “The Company remained selective in the categories of assets it invests in and the returns it is prepared to accept, spending £23.9m on new acquisitions in 2024, compared to £21.3m in 2023. The Directors have completed their annual review of the Company's property holdings and concluded that an impairment of £0.4m is appropriate (2023: £0.9m revaluation).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MARVIN, Ross Alistair | Secretary | 2020-07-20 | — | — |
| BOOTH, Tamra Michelle | Director | 2011-12-01 | Jun 1974 | British |
| CROOM, Katherine | Director | 2022-03-08 | Jul 1982 | British |
| MARVIN, Ross Alistair | Director | 2021-04-07 | Apr 1981 | British |
| SHANLY, Michael James | Director | 1994-01-14 | Dec 1945 | British |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ASKIN, Robert | Secretary | 1998-07-16 | 2009-07-03 |
| BARRACLOUGH, Richard | Secretary | — | 1994-01-14 |
| DUNTHORNE, Peter Richard | Secretary | 2009-05-18 | 2009-11-27 |
| GILES, Paul Joseph | Secretary | 2013-03-28 | 2015-07-31 |
| HUDA, Khayrul | Secretary | 2020-01-14 | 2020-07-20 |
| TROTT, Nicholas Mark | Secretary | 2015-08-17 | 2020-01-14 |
| TROTT, Nicholas Mark | Secretary | 2009-11-27 | 2013-03-28 |
| TUCKER, Donald Anthony | Secretary | 1994-01-14 | 1998-07-16 |
| BARRACLOUGH, Richard | Director | 1991-06-28 | 1994-01-14 |
| CARR, Alison Mary | Director | — | 1991-08-09 |
| COLGATE, Barry David | Director | 1996-09-01 | 2000-12-01 |
| HOWELL, Peter Robert | Director | — | 1994-01-14 |
| HUDA, Khayrul | Director | 2020-01-14 | 2022-02-28 |
| LOVETT-TURNER, John | Director | — | 1992-12-31 |
| MASON, David Jonathan | Director | 2000-08-01 | 2004-03-26 |
| NELSON, Francis Eamon | Director | — | 1994-01-14 |
| TROTT, Nicholas Mark | Director | 2003-12-09 | 2020-07-01 |
| TUCKER, Donald Anthony | Director | 1994-01-14 | 2015-08-17 |
| WHITMORE, Gordon Stanley | Director | — | 1991-06-28 |
| ZAIR, David John | Director | 1997-04-01 | 2003-02-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sorbon Investments Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 284 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-12-31 | CH01 | officers | Change person director company with change date | |
| 2025-12-17 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-17 | MR05 | mortgage | Mortgage charge part both with charge number | |
| 2025-10-06 | AA | accounts | Accounts with accounts type full | |
| 2025-10-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-26 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-26 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-26 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-26 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-26 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-26 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-05-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-29 | AA | accounts | Accounts with accounts type full | |
| 2024-05-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-11 | AA | accounts | Accounts with accounts type full | |
| 2023-05-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-03 | AA | accounts | Accounts with accounts type full | |
| 2022-06-09 | CS01 | confirmation-statement | Confirmation statement with no updates |
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.