ALTERNATIVE INCOME LIMITED
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Next accounts due
2027-03-31 (in 10mo)
Last filed for 2025-06-30
Confirmation statement due
2026-09-15 (in 4mo)
Last made up 2025-09-01
Watchouts
None on the register
Cash
£3M
+7.3% vs 2024
Net assets
£72M
-6.3% vs 2024
Employees
—
Average over period
Profit before tax
£8M
+155.5% vs 2024
Net assets
2-year trend · vs Real Estate median
Accounts
2-year trend · latest reflected 2025-06-30
| Metric | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Turnover | £7,749,000 | £8,368,000 | |
| Operating profit | £4,628,000 | £9,653,000 | |
| Profit before tax | £3,216,000 | £8,218,000 | |
| Net profit | £3,216,000 | £8,218,000 | |
| Cash | £2,815,000 | £3,020,000 | |
| Total assets less current liabilities | £114,746,000 | £71,678,000 | |
| Net assets | £76,460,000 | £71,678,000 | |
| Equity | £76,460,000 | £71,678,000 | |
| Average employees | — | — | |
| 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 2025-06-30 vs 2024-06-30
-
Turnover
+8%
£7,749,000 £8,368,000
-
Cash
+7.3%
£2,815,000 £3,020,000
-
Net assets
-6.3%
£76,460,000 £71,678,000
-
Employees
—
Not reported
-
Operating profit
+108.6%
£4,628,000 £9,653,000
-
Profit before tax
+155.5%
£3,216,000 £8,218,000
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Operating margin | 59.7% | 115.4% | |
| Net margin | 41.5% | 98.2% | |
| Return on capital employed | 4.0% | 13.5% | |
| Gearing (liabilities / total assets) | 36.2% | 37.7% | |
| Current ratio | 8.87x | 0.32x | |
| Interest cover | 3.28x | 6.73x |
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.
Name history
Renamed 1 time since incorporation
- ALTERNATIVE INCOME LIMITED 2020-03-02 → present
- AEW UK LONG LEASE REIT 2017 LIMITED 2017-05-04 → 2020-03-02
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Moore Kingston Smith LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. ... the Board is satisfied the Company has adequate resources to continue in operational existence for the foreseeable future and is of the opinion that the going concern basis adopted in the preparation of the financial statements is appropriate.”
Significant events
- “On 2 December 2024, the Group completed the acquisition of Champneys College of Health and Beauty, Tring for a total cost of £2.7 million, including acquisition costs.”
- “The property known as Mercure Hotel was disposed of in August 2023 for £7.5 million.”
- “The Company has secured long term debt facilities with HSBC. The facilities consist of both a fixed term loan of £31 million and a £10 million revolving credit facility (RCF). The term of the New HSBC Bank Facilities is a fixed term of five years from the date of drawdown, being 20 October 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HANWAY ADVISORY LIMITED | Corporate Secretary | 2020-03-05 | — | — |
| BENNETT, Simon Charles | Director | 2022-11-30 | Apr 1958 | British |
| EASTMENT, Stephanie Mary | Director | 2021-10-01 | Apr 1960 | British |
| SMITH, Adam Clive | Director | 2021-10-01 | Mar 1981 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ROGERS, Kristian Thomas | Secretary | 2017-05-04 | 2017-05-15 |
| LINK COMPANY MATTERS LIMITED | Corporate Secretary | 2017-05-15 | 2020-03-05 |
| HEATHER, Nicholas Roy | Director | 2017-05-04 | 2017-05-15 |
| HENSHILWOOD, George Lindsay | Director | 2017-05-15 | 2018-06-28 |
| PROWER, Aubyn James Sugden | Director | 2017-05-15 | 2021-10-01 |
| ROGERS, Kristian Thomas | Director | 2017-05-04 | 2017-05-15 |
| SIPPETS, Alan Joseph | Director | 2017-05-15 | 2022-11-30 |
| SMITH, Stephen Paul | Director | 2017-05-15 | 2021-05-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Alternative Income Reit Holdco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-12-20 | Active |
| Aew Uk Long Lease Reit Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-05-04 | Ceased 2017-12-20 |
Filing timeline
Last 20 of 78 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-23 | AA | accounts | Accounts with accounts type full | |
| 2025-10-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-11-21 | AA | accounts | Accounts with accounts type full | |
| 2024-10-03 | CH04 | officers | Change corporate secretary company with change date | |
| 2024-09-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-12-21 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 14
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.