TELEREAL SECURITISATION PLC

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

• Turnover

  0%

  £7,000 → £7,000

• Cash

  +16.2%

  £37,000 → £43,000

• Net assets

  +91.5%

  -£10,576,000 → -£895,000

• Employees

  —

  Not reported

• Operating profit

  0%

  £7,000 → £7,000

• Profit before tax

  +260.3%

  £1,136,000 → £4,093,000

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

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

1. TELEREAL SECURITISATION PLC 2001-10-29 → present
2. TELEREAL SPECIALISED PROPERTY (FINANCE) PLC 2001-05-22 → 2001-10-29

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors confirm that they are satisfied that the company has adequate resources to meet its liabilities when they fall due and hence they continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “In April 2024 the company issued £255,000,000 of bonds with a fixed interest rate of 5.634% which are repayable with a single repayment on 10 December 2031. The net proceeds of the bond issuance were lent on to the Borrower, a related party, in the form of term advances with matching terms and rates as the bonds, subject to a fee of 0.01% per annum on the interest.”
• “In December 2024, the company repaid the collateral as a result of Lloyds being upgraded and as such at 31 March 2025, the amount of collateral held by the company was £nil (2024: £369,000,000).”
• “As described in note 14, the Company issued £255,000,000 of bonds in April 2024, the proceeds of which were on-lent to Telereal Securitised Property Limited Partnership (the "Borrower"). Because the cash proceeds of the bond issuance were paid directly into the bank account of the Borrower they do not appear in the Company's Statement of Cash Flows.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.