SURPLUS PROPERTY SOLUTIONS HOLDINGS LIMITED
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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
-£7.5M
-204.4% vs 2023
Net assets
5-year trend · vs Real Estate median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £13,088,621 | £30,499,845 | +133% | |
| Operating profit | — | — | — | -£3,984,328 | -£6,805,815 | -70.8% | |
| Profit before tax | — | — | — | £7,135,754 | -£7,453,213 | -204.4% | |
| Net profit | -£322,880 | £435,687 | £421,277 | £6,207,338 | -£7,661,838 | -223.4% | |
| Cash | £2,677,444 | £5,049,048 | £5,748,876 | £16,129,183 | £15,267,641 | -5.3% | |
| Total assets less current liabilities | £15,105,441 | £15,534,000 | £15,945,277 | £47,785,314 | £40,409,797 | -15.4% | |
| Net assets | £15,060,441 | £15,496,128 | £15,917,405 | £25,453,405 | £15,504,264 | -39.1% | |
| Equity | £15,060,441 | £15,496,128 | £15,917,405 | £25,453,405 | £15,504,264 | -39.1% | |
| Average employees | 27 | 24 | 25 | 27 | 28 | +3.7% | |
| Wages | — | — | — | £724,300 | £3,405,609 | +370.2% | |
| Directors' remuneration | — | — | — | £224,522 | £2,995,182 | +1,234% |
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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| 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 | — | — | — | 1.20x | 1.93x | |
| 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
- SURPLUS PROPERTY SOLUTIONS HOLDINGS LIMITED · parent
- Surplus Property Solutions Advisory Limited 100%
- Steelstone Properties Limited 100%
- PVP Developments Ltd 100%
- Surplus Property Investments Limited 100%
- Cedar Vine Ltd 100%
- Butler Mason Limited 100%
- Bell Daten Ltd 100%
- Tucson Properties Limited 100%
- Teviot Developments Holdings Limited 100%
- Ellis Newton Limited 100%
- Ellis Newton (Ireland) Limited 100%
- Eskdale Properties LLP 49.5%
- Teviot Developments Ltd 100%
- Tucson Developments Ltd 100%
- Abbey Developments (Jackton) Limited 25%
- AD Jackton 1 Ltd 25%
- AD Jackton 2 Ltd 25%
- AD Jackton 3 Ltd 25%
- AD Jackton 4 Ltd 25%
- AD Jackton 5 Ltd 25%
- AD Jackton 6 Ltd 25%
- AD Jackton 7 Ltd 25%
Significant events
- “The Group has generated revenue of £30,499,845 (2023 - £13,088,621) and a loss before tax of £7,453,213 (2023 profit of £7,135,754).”
- “During the year the Company acquired the remaining 95 shares in Teviot Developments Holdings Limited, taking their overall shareholding to 100%.”
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 (as trust) | 2026-01-01 | Active |
| Mr Terence Gerard Colhoun | Individual | Significant influence (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 | |
| 2026-01-08 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-11-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 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 | |
| 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 | |
| 2024-12-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-11-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-06-17 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-21 | AA | accounts | Accounts with accounts type group | |
| 2023-11-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-30 | CH01 | officers | Change person director company with change date | |
| 2023-08-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-08-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 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 | |
| 2022-11-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-20 | PSC04 | persons-with-significant-control | Change to a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.