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Cash

£197k

-42.9% vs 2025

Net assets

£10m

+2.9% highest in 5 filed years

Employees

Average over period

Profit before tax

£992k

+225.2% vs 2025

Accounts

5-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31

Metric Trend 2021-12-312022-12-312024-03-312025-03-312026-03-31 Δ vs prior
Turnover £440,004£440,004£466,000£818,000£822,000 +0.5%
Operating profit £275,056£400,804£3,385,000£307,000£991,000 +222.8%
Profit before tax £157,490£364,096£3,384,000£305,000£992,000 +225.2%
Net profit £29,113£455,719£3,706,000£302,000£992,000 +228.5%
Cash £1,648£1,621£345,000£197,000 -42.9%
Total assets less current liabilities £5,321,010£3,016,214£9,842,000£10,144,000£10,438,000 +2.9%
Net assets £2,216,606£2,672,325£9,842,000£10,144,000£10,438,000 +2.9%
Equity £2,216,606£2,672,325£9,842,000£10,144,000£10,438,000 +2.9%
Average employees 33
Wages
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. 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 2021-12-312022-12-312024-03-312025-03-312026-03-31
Operating margin 62.5%91.1%37.5%120.6%
Net margin 6.6%103.6%36.9%120.7%
Return on capital employed 5.2%13.3%34.4%3.0%9.5%
Gearing (liabilities / total assets) 81.2%80.3%2.3%2.9%2.6%
Current ratio 0.03x1.20x0.80x
Interest cover 2.34x10.92x

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.

Name history

Renamed 3 times since incorporation

  1. THP (UK) NUMBER TWO LIMITED 2024-02-11 → present
  2. WAYPOINTS CARE (PLYMOUTH) LIMITED 2011-11-23 → 2024-02-11
  3. ARCHSTONE LIFESTYLE CARE (PLYMOUTH) LIMITED 2011-06-27 → 2011-11-23
  4. ARCHSTONE LIFESTYLE HOMES (WEST) LIMITED 2010-10-25 → 2011-06-27

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In assessing the going concern basis of accounting the Directors have had regard to the guidance issued by the Financial Reporting Council. After making enquiries, and bearing in mind the nature of the Company's business and assets, the Directors consider that the Company has adequate resources to continue in operational existence for the foreseeable future and for at least the next twelve months from the date of issuance of this report. This assessment took into consideration the forecast income and expenses of the Company, including the potential risk that the tenant is unable to meet their rental commitments. However, as a property holding company forming part of a larger, solvent group, with limited expenses and no external borrowings, even if the property valuation or the level of rental income received were to fall significantly, this would not be expected to result in the Company being unable to pay its liabilities as they fall due over a period of twelve months from the date of these financial statements. For this reason, they continue to adopt the going concern basis in preparing the financial statements.”

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

People

4 active · 7 resigned

Name Role Appointed Born Nationality
TARGET FUND MANAGERS LIMITED Corporate Secretary 2023-09-28
BROWN, Andrew Stewart Director 2023-09-28 Apr 1965 British
FLANNELLY, John Marcus Director 2023-09-28 Aug 1975 Irish
STEVEN, Scott Mcknight Director 2023-09-28 Feb 1980 British
Show 7 resigned officers
Name Role Appointed Resigned
GRIFFITHS, Lee Secretary 2010-10-25 2019-06-28
BAXENDINE, Andrew John Director 2013-01-10 2019-06-28
KAY, Daniel Director 2019-06-28 2023-09-28
MCALEAR, Duncan John Howard Director 2019-06-28 2023-09-28
STONE, William Frederick Director 2010-10-25 2019-06-28
STREET, Timothy William Director 2019-06-28 2023-09-28
YOUNG, Martin Anthony Director 2010-10-25 2013-03-04

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Thp (Uk Investments) Reit Plc Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2023-09-28 Active
Waypoints Care Group Limited Corporate entity Shares 75–100% 2016-04-06 Ceased 2023-09-28

Filing timeline

Last 20 of 81 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2024-02-11 CERTNM Certificate change of name company PDF
  • 2023-11-23 RESOLUTIONS Resolution
Date Type Category Description
2026-08-26 AA accounts Accounts with accounts type full
2025-10-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-07-14 AA accounts Accounts with accounts type full
2024-10-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-08-23 AA accounts Accounts with accounts type full
2024-06-24 AA01 accounts Change account reference date company previous extended PDF
2024-02-11 CERTNM change-of-name Certificate change of name company PDF
2023-11-23 RESOLUTIONS resolution Resolution
2023-11-06 CS01 confirmation-statement Confirmation statement with updates PDF
2023-10-31 SH01 capital Capital allotment shares PDF
2023-10-02 AD01 address Change registered office address company with date old address new address PDF
2023-10-02 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2023-10-02 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2023-10-02 AP04 officers Appoint corporate secretary company with name date PDF
2023-10-02 AP01 officers Appoint person director company with name date PDF
2023-10-02 AP01 officers Appoint person director company with name date PDF
2023-10-02 AP01 officers Appoint person director company with name date PDF
2023-10-02 TM01 officers Termination director company with name termination date PDF
2023-10-02 TM01 officers Termination director company with name termination date PDF
2023-10-02 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

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.

Official Companies House page