INDURENT TRADE PROPCO LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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 —. Year-on-year comparison hidden: this filing covers about 9 months versus 12 months prior. 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. INDURENT TRADE PROPCO LIMITED 2026-06-02 → present
2. TILSTONE TRADE LIMITED 2016-03-09 → 2026-06-02

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors are also not aware of any material uncertainties that may cast significant doubt upon the Group or this Company's ability to continue as a going concern. They therefore have adopted the going concern basis in the preparation of these Financial Statements.”

Significant events

• “On 26 November 2025, the Group together with the Parent entity entered into a new facility with two new lenders; Deutsche Bank and Morgan Stanley which has an initial maturity in February 2028 but can be extended to February 2031 without the lenders' consent.”
• “On 20 February 2026, the Board signed a handover and termination agreement with Tilstone Partners Limited, simultaneously Indurent Management Limited was appointed as the investment manager for the Group.”
• “On 27 March 2026, the Company entered into a novation agreement with the Parent entity to push down an external loan as noted in Note 12 through the novation of intercompany debt owed within the Group to the Parent entity.”

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

0

last 24 months

Officers appointed

10

last 12 months

Officers resigned

3

last 12 months

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