CLIPSTONE INDUSTRIAL REIT 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

  +10.1%

  £16,524,048 → £18,199,219

• Cash

  +23%

  £4,379,973 → £5,388,267

• Net assets

  +9.9%

  £222,025,432 → £243,927,814

• Employees

  —

  Not reported

• Operating profit

  +262.9%

  £9,627,899 → £34,942,088

• Profit before tax

  +445.6%

  £5,470,970 → £29,849,649

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. Sector-distribution context coming next.

1. CLIPSTONE INDUSTRIAL REIT PLC 2019-01-31 → present
2. CLIPSTONE LOGISTICS REIT PLC 2014-05-19 → 2019-01-31

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After due consideration of the future cash flows of the Company, the Directors are confident that the Company has sufficient financial resources to meet its obligations as a going concern for the foreseeable future, being more than 12 months from the date of approving the financial statements.”

Group structure

1. CLIPSTONE INDUSTRIAL REIT PLC · parent
   1. Clipstone Ten Limited 100% · UK · Property Investment
   2. Clipstone IX Limited 100% · UK · Property Investment

Significant events

• “On 13 August 2025, the Company entered into a binding agreement to sell its shareholdings in its two property holding subsidiaries, Clipstone IX Limited and Clipstone Ten Limited, resulting in a disposal of its entire property holding. The agreement will complete on 1 October 2025. The sale represents a property value of £345m. The profit on disposal for the Company was £60.9m before performance fee and rent guarantee provision. A performance fee payable of £10.8m is estimated, and a provision for rent guarantee of £2,345,374 relates to 11 vacant units owned by Clipstone IX Limited.”
• “On 18 September 2025, shareholders approved an optional buy-back of up to £20m worth of shares. The total buy back amount is estimated to be £12.93m for 6.87m shares.”
• “Shareholders also agreed to acquire West Norfolk Tomatoes Limited ('WNT'), a small property company that owns six London and South East industrial properties, for an estimated total price of c.£24m. This acquisition is consistent with re-deploying proceeds from the sale of Clipstone IX Limited and Clipstone Ten Limited. WNT shares in the Company will be bought back by the Company for £1.8m prior to acquisition. The consideration for the acquisition will be a mix of new shares in the Company and cash (c.£11.5m cash expected).”
• “Shareholders agreed to buy back all shares held by registered charity shareholders, with consideration used to acquire units in the Clipstone Charities Unit Trust ('CCUT'). CCUT will enter into a joint venture agreement with Clipstone 11 Limited to invest net proceeds from the sales of Clipstone IX Limited and Clipstone Ten Limited.”
• “On 23 May 2025, the Company paid off and broke its interest rate swaps, at a cost of £285,300. The interest on its loan facilities with Barclays are now floating again at 1.55% over SONIA.”

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

Filings

20

last 12 months

Capital events

17

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.