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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-11-24 (in 6mo)

Last made up 2025-11-10

Watchouts

None on the register

Cash

£15M

-5.3% vs 2023

Net assets

£16M

-39.1% vs 2023

Employees

28

+3.7% highest in 5 filed years

Profit before tax

-£7M

-204.4% vs 2023

Accounts

7-year trend · latest reflected 2024-12-31

Metric Trend 2020-01-012020-12-312021-01-012021-12-312022-12-312023-12-312024-12-31
Turnover £13,088,621£30,499,845
Operating profit -£3,984,328-£6,805,815
Profit before tax £7,135,754-£7,453,213
Net profit -£322,880£435,687£421,277£6,207,338-£7,661,838
Cash £2,677,444£5,049,048£5,748,876£16,129,183£15,267,641
Total assets less current liabilities £15,105,441£15,534,000£15,945,277£47,785,314£40,409,797
Net assets £15,060,441£15,496,128£15,917,405£25,453,405£15,504,264
Equity £15,383,321£15,060,441£15,060,441£15,496,128£15,917,405£25,453,405£15,504,264
Average employees 2724252728
Wages £724,300£3,405,609
Directors' remuneration £224,522£2,995,182

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

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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 2020-01-012020-12-312021-01-012021-12-312022-12-312023-12-312024-12-31
Operating margin -30.4%-22.3%
Net margin 47.4%-25.1%
Return on capital employed -8.3%-16.8%
Gearing (liabilities / total assets) 64.9%72.4%
Current ratio 1.20x1.93x
Interest cover -4.94x-6.50x

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 102
Reporting scope
Consolidated group
Auditor
Forvis Mazars LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“These financial statements have been prepared on a going concern basis which assumes that the Company is able to realise its assets and discharge its liabilities in the normal course of business. The Group and the Parent Company are in a strong financial position with strong investments and healthy cash balances.”

Group structure

  1. SURPLUS PROPERTY SOLUTIONS HOLDINGS LIMITED · parent
    1. Surplus Property Solutions Advisory Limited 100% · UK · Group management services
    2. Steelstone Properties Limited 100% · UK · No significant trading during the year
    3. PVP Developments Ltd 100% · UK · Development of building projects
    4. Surplus Property Investments Limited 100% · UK · Property investment
    5. Cedar Vine Ltd 100% · UK · Trading in leases and the management of property
    6. Butler Mason Limited 100% · UK · Trading in leases and the management of property
    7. Bell Daten Ltd 100% · UK · Trading in leases and the management of property
    8. Tucson Properties Limited 100% · UK · Development and holding of land
    9. Teviot Developments Holdings Limited 100% · UK · Holding company
    10. Ellis Newton Limited 100% · UK · Trading in leases and the management of property
    11. Ellis Newton (Ireland) Limited 100% · Ireland · Trading in leases and the management of property
    12. Eskdale Properties LLP 49.5% · UK · Property investment
    13. Teviot Developments Ltd 100% · UK · Property investment
    14. Tucson Developments Ltd 100% · UK · Property development
    15. Abbey Developments (Jackton) Limited 25% · UK · Property investment
    16. AD Jackton 1 Ltd 25% · UK · Property investment
    17. AD Jackton 2 Ltd 25% · UK · Property investment
    18. AD Jackton 3 Ltd 25% · UK · Property investment
    19. AD Jackton 4 Ltd 25% · UK · Property investment
    20. AD Jackton 5 Ltd 25% · UK · Property investment
    21. AD Jackton 6 Ltd 25% · UK · Property investment
    22. AD Jackton 7 Ltd 25% · UK · Property investment

Significant events

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

People

5 active · 0 resigned

Name Role Appointed Born Nationality
COUTTS, Johanne Secretary 2016-03-01
AYTON, Ann Director 2016-02-08 Jan 1955 British
COLHOUN, Francis Director 2015-11-11 Apr 1973 British
COLHOUN, John Padraig Director 2024-06-17 Apr 1972 British
FOSTER, Adam Lincoln Director 2015-11-11 Oct 1963 British

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr John Colhoun Individual significant-influence-or-control-as-trust 2026-01-01 Active
Mr Terence Gerard Colhoun Individual significant-influence-or-control-as-trust 2026-01-01 Active
Mr Adam Lincoln Foster Individual Significant influence 2016-04-06 Active
Mr Francis Colhoun Individual Significant influence 2016-04-06 Active

Filing timeline

Last 20 of 63 total filings

Date Type Category Description
2026-01-08 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2026-01-08 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2025-11-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-10-21 AA accounts Accounts with accounts type group
2025-09-05 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-12-13 AA accounts Accounts with accounts type group
2024-12-12 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-12-03 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-11-14 CS01 confirmation-statement Confirmation statement with updates PDF
2024-06-17 AP01 officers Appoint person director company with name date PDF
2023-12-21 AA accounts Accounts with accounts type group PDF
2023-11-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-30 CH01 officers Change person director company with change date PDF
2023-08-22 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2023-08-22 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2023-03-01 DISS40 gazette Gazette filings brought up to date
2023-02-28 GAZ1 gazette Gazette notice compulsory
2023-02-23 AA accounts Accounts with accounts type group PDF
2022-11-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-09-20 PSC04 persons-with-significant-control Change to a person with significant control PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

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