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Cash

£2.6m

+86,000% highest in 3 filed years

Net assets

£103m

+9.8% highest in 3 filed years

Employees

Average over period

Profit before tax

£8.9m

+1,511.7% highest in 3 filed years

Accounts

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

Metric Trend 2024-03-312025-03-312026-03-31 Δ vs prior
Turnover £2,817,000£5,760,000£7,192,000 +24.9%
Operating profit £1,371,000£546,000£8,966,000 +1,542.1%
Profit before tax £1,361,000£555,000£8,945,000 +1,511.7%
Net profit £1,158,000£382,000£8,901,000 +2,230.1%
Cash £731,000£3,000£2,583,000 +86,000%
Total assets less current liabilities £89,371,000£93,920,000
Net assets £89,140,000£93,682,000£102,824,000 +9.8%
Equity £89,140,000£93,682,000£102,824,000 +9.8%
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. 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 2024-03-312025-03-312026-03-31
Operating margin 48.7%9.5%124.7%
Net margin 41.1%6.6%123.8%
Return on capital employed 1.5%0.6%
Gearing (liabilities / total assets) 3.9%3.4%2.2%
Current ratio 0.83x0.19x1.44x
Interest cover 91.40x54.60x

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.

Audit & accounting basis

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

“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. For this reason, they continue to adopt the going concern basis in preparing the 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 · 0 resigned

Name Role Appointed Born Nationality
TARGET ADVISERS LLP Corporate Secretary 2022-07-19
BROWN, Andrew Stewart Director 2022-07-19 Apr 1965 British
FLANNELLY, John Marcus Director 2022-07-19 Aug 1975 Irish
STEVEN, Scott Mcknight Director 2022-07-19 Feb 1980 British

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 2022-07-19 Active

Filing timeline

Last 20 of 44 total filings

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

  • 2025-08-18 RESOLUTIONS Resolution
  • 2024-09-18 RESOLUTIONS Resolution
  • 2024-07-24 RESOLUTIONS Resolution
  • 2024-05-21 RESOLUTIONS Resolution
  • 2024-04-23 RESOLUTIONS Resolution
  • 2024-04-23 RESOLUTIONS Resolution
  • 2024-03-08 RESOLUTIONS Resolution
Date Type Category Description
2026-08-26 AA accounts Accounts with accounts type full
2026-07-22 CS01 confirmation-statement Confirmation statement with updates PDF
2025-08-18 RESOLUTIONS resolution Resolution
2025-08-04 SH01 capital Capital allotment shares PDF
2025-07-18 CS01 confirmation-statement Confirmation statement with updates PDF
2025-07-11 AA accounts Accounts with accounts type full
2024-09-18 RESOLUTIONS resolution Resolution
2024-09-10 SH01 capital Capital allotment shares PDF
2024-08-23 AA accounts Accounts with accounts type full
2024-07-31 CS01 confirmation-statement Confirmation statement with updates PDF
2024-07-24 RESOLUTIONS resolution Resolution
2024-07-16 SH01 capital Capital allotment shares PDF
2024-05-21 RESOLUTIONS resolution Resolution
2024-05-13 SH01 capital Capital allotment shares PDF
2024-04-23 RESOLUTIONS resolution Resolution
2024-04-23 RESOLUTIONS resolution Resolution
2024-04-16 SH01 capital Capital allotment shares PDF
2024-04-16 SH01 capital Capital allotment shares PDF
2024-03-08 RESOLUTIONS resolution Resolution
2024-03-04 SH01 capital Capital allotment shares PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
2

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