SEP PROPERTIES LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-03-09 (in 10mo)
Last made up 2026-02-23
Watchouts
None on the register
Cash
£259K
-34.3% lowest in 4 filed years
Net assets
£89M
+2.8% highest in 4 filed years
Employees
22
0% vs 2024
Profit before tax
£3M
-24.4% vs 2024
Net assets
6-year trend · vs Real Estate median
Accounts
6-year trend · latest reflected 2025-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £11,516,771 | £12,103,327 | |
| Operating profit | — | — | — | — | £11,198,934 | £10,273,211 | |
| Profit before tax | — | — | — | — | £4,568,553 | £3,454,209 | |
| Net profit | — | — | — | — | £3,936,143 | £2,536,214 | |
| Cash | £679,112 | £1,058,038 | — | — | £394,495 | £259,314 | |
| Total assets less current liabilities | £157,050,286 | £169,411,943 | — | — | £189,687,133 | £127,884,624 | |
| Net assets | £77,951,238 | £73,981,409 | — | — | £86,829,958 | £89,261,302 | |
| Equity | £77,951,238 | £73,981,409 | £78,162,729 | £83,157,307 | £86,829,958 | £89,261,302 | |
| Average employees | 19 | 25 | — | — | 22 | 22 | |
| Wages | — | — | — | — | £641,153 | £543,664 | |
| Directors' remuneration | — | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+5.1%
£11,516,771 £12,103,327
-
Cash
-34.3%
£394,495 £259,314
lowest in 4 filed years
-
Net assets
+2.8%
£86,829,958 £89,261,302
highest in 4 filed years
-
Employees
0%
22 22
-
Operating profit
-8.3%
£11,198,934 £10,273,211
-
Profit before tax
-24.4%
£4,568,553 £3,454,209
-
Wages
-15.2%
£641,153 £543,664
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 97.2% | 84.9% | |
| Net margin | — | — | — | — | 34.2% | 21.0% | |
| Return on capital employed | — | — | — | — | 5.9% | 8.0% | |
| Gearing (liabilities / total assets) | — | — | — | — | 56.1% | 56.0% | |
| Current ratio | — | — | — | — | 0.76x | 0.09x | |
| Interest cover | — | — | — | — | 1.69x | 1.50x |
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 2 times since incorporation
- SEP PROPERTIES LIMITED 1997-11-18 → present
- S.H.E.P. INVESTMENTS LIMITED 1986-12-04 → 1997-11-18
- ACTIONMOSS LIMITED 1986-11-11 → 1986-12-04
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- ER Grove & Co Limited
- 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 group's and the parent 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.”
Group structure
- SEP PROPERTIES LIMITED · parent
- SEP Refurbishment Limited 100%
- M6 Group Limited 100%
- Paulton (Elder) Limited 100%
- Access Industrial Doors (Midlands) Limited 100%
- T & S Investments Limited 100%
- SEP Property Group Limited 100%
- Meadow Green Homes Limited 100%
- Meadow Green Homes Holdings Limited 100%
Significant events
- “The directors have continued their strategy of carefully managing the portfolio and have delivered excellent results. The income statement shows rental income up from £11.5m to just over £12m. The group continues to have a good relationship with and support from lenders and the directors have reviewed projected best estimates of rental income and forecast interest costs so that any weakness in debt servicing cover can be eliminated before becoming a concern.”
- “The group have already commenced an ongoing programme of improvements. even though the government have now relaxed their provisions, the group remain committed to their programme.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SINGH, Palminder | Secretary | — | — | Indian |
| SANGHERA, Dharminder Singh, Dr | Director | 2018-04-19 | Jan 1988 | British |
| SANGHERA, Engrez Singh | Director | — | Feb 1963 | British |
| SANGHERA, Verinda Singh | Director | 2018-04-19 | Mar 1991 | British |
| SINGH, Palminder | Director | — | Mar 1964 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KAUR, Harjinder | Director | — | 2018-11-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Palminder Singh | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2018-11-10 | Ceased 2024-04-17 |
| Sep Properties Holdings Limited | Corporate entity | ownership-of-shares-75-to-100-percent-as-firm, voting-rights-75-to-100-percent-as-firm, right-to-appoint-and-remove-directors-as-firm | 2016-04-06 | Ceased 2016-04-06 |
| Dr Dharminder Singh Sanghera | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-04-06 | Active |
| Mr Palminder Singh Sanghera | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 539 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-11 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-04-10 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-04-10 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-03-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-27 | RP01CS01 | confirmation-statement | Replacement filing of confirmation statement with made up date | |
| 2026-03-05 | CH01 | officers | Change person director company with change date | |
| 2026-03-02 | CH01 | officers | Change person director company with change date | |
| 2026-03-02 | CH03 | officers | Change person secretary company with change date | |
| 2025-12-24 | AA | accounts | Accounts with accounts type group | |
| 2025-07-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-02-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-23 | AA | accounts | Accounts with accounts type group | |
| 2024-12-14 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-06-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-04-18 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-02-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-22 | AA | accounts | Accounts with accounts type group | |
| 2023-07-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-02-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-22 | AA | accounts | Accounts with accounts type small |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- 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.