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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2026-11-08 (in 6mo)

Last made up 2025-10-25

Watchouts

None on the register

Cash

£345K

Latest balance sheet

Net assets

£10M

highest in 5 filed years

Employees

Average over period

Profit before tax

£305K

first positive since 2019

Accounts

7-year trend · latest reflected 2025-03-31

Metric Trend 2018-12-312019-12-312020-12-312021-12-312022-12-312024-03-312025-03-31
Turnover £401,004£440,004£440,004£466,000£575,000
Operating profit £99,266£275,056£400,804£3,385,000£307,000
Profit before tax -£4,817£157,490£364,096£3,384,000£305,000
Net profit -£4,817£29,113£455,719£3,706,000£302,000
Cash £345£1,648£1,621£345,000
Total assets less current liabilities £7,457,387£5,321,010£3,016,214£9,842,000£10,144,000
Net assets £4,071,421£2,216,606£2,672,325£9,842,000£10,144,000
Equity £1,920,648£4,071,421£4,352,583£2,216,606£2,672,325£9,842,000£10,144,000
Average employees 333
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. About these numbers

Year-on-year

FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31

Year-on-year comparison hidden: this filing covers about 12 months versus 15 months prior.

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2018-12-312019-12-312020-12-312021-12-312022-12-312024-03-312025-03-31
Operating margin 24.8%62.5%91.1%53.4%
Net margin -1.2%6.6%103.6%52.5%
Return on capital employed 1.3%5.2%13.3%34.4%3.0%
Gearing (liabilities / total assets) 2.3%2.9%
Current ratio 0.03x1.20x
Interest cover 0.95x2.34x10.92x3385.00x102.33x

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

“The impact of the current economic conditions on the going concern of the Company has been considered. However, as a property holding company forming part of a larger, solvent group, with limited expenses and no external borrowings, even if the property valuations 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.”

Significant events

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 80 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
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
2023-04-25 AA accounts Accounts with accounts type full 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