GLENSTONE REIT PLC

1. GLENSTONE REIT PLC 2022-01-10 → present
2. GLENSTONE PROPERTY PLC 2008-10-20 → 2022-01-10
3. GLENSTONE PROPERTY LIMITED 2008-10-20 → 2008-10-20
4. GLENSTONE PROPERTY INVESTMENT LIMITED 1970-08-06 → 2008-10-20

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors believe that there are currently no material uncertainties in relation to the Group's ability to continue to operate for the foreseeable future. The Board is therefore of the opinion that the going concern basis adopted in the preparation of the financial statements is appropriate.”

Group structure

1. GLENSTONE REIT PLC · parent
   1. London & Surrey Property Holdings Limited 100% · UK · Property investment
   2. Amdale Securities Limited 100% · UK · Property investment
   3. Innbrighton Properties Limited 100% · UK · Property investment
   4. The Clifford Property Company Limited 100% · UK · Property investment
   5. Perrywell Holdings Limited 100% · UK · Holding company
   6. Perrywell Road Limited 100% · UK · Property investment
   7. Deemark Limited 100% · UK · Property investment (Dormant)
   8. Laurie House Freehold Ltd 100% · UK · Property investment (Dormant)
   9. Centreshores Limited 73.68% · UK · Management company (Dormant)
   10. Glenstone Asset Management Limited 100% · UK · Management company (Dormant)

Significant events

• “During this period, we acquired five new assets, further strengthening our diversified portfolio. Notably, opportunistic acquisitions in Bury St Edmunds and Woodbridge mark a strategic re-entry into high street retail for the first time in eight years.”
• “During the year, we completed the sale of ten properties, generating total proceeds of £7.04m. After accounting for transaction costs, this resulted in a small loss of £0.02m.”
• “As anticipated in our interim results, the previously forecasted increase in the void rate did materialise. However, we are pleased to report a reduction in the void rate to 4% in Q1 FY26, following the successful completion of the capital project at Northampton and the subsequent exchange for lease and sale.”

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

Filings

9

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.

• Turnover

  +1.9%

  £10,531,892 → £10,735,180

• Cash

  -38.6%

  £3,767,019 → £2,311,640

• Net assets

  +1.1%

  £135,170,047 → £136,637,166

• Employees

  0%

  11 → 11

• Operating profit

  +53.9%

  £5,730,734 → £8,822,395

• Profit before tax

  +52%

  £5,563,989 → £8,458,965

• Wages

  +3%

  £905,822 → £932,662

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