INDURENT MANAGEMENT LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-07 (in 4mo)
Last made up 2025-08-24
Watchouts
None on the register
Cash
£6M
+2,178.4% vs 2023
Net assets
£6M
+2,008.3% vs 2023
Employees
145
+85.9% vs 2023
Profit before tax
-£3M
-292.1% vs 2023
Name history
Renamed 5 times since incorporation — the current trading name was adopted 2024-07-01
- INDURENT MANAGEMENT LIMITED 2024-07-01 → present
- INDUSTRIALS MANAGEMENT LIMITED 2021-10-27 → 2024-07-01
- STENPROP MANAGEMENT LIMITED 2014-10-10 → 2021-10-27
- STENHAM PROPERTY LTD 2004-04-27 → 2014-10-10
- STENHAM GESTINOR PROPERTY LIMITED 1999-01-26 → 2004-04-27
- RIGHTSECTOR LIMITED 1987-04-08 → 1999-01-26
Net assets
2-year trend · vs Real Estate median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £14,806,000 | £33,959,000 | |
| Operating profit | £1,646,000 | -£2,013,000 | |
| Profit before tax | £1,546,000 | -£2,970,000 | |
| Net profit | £1,546,000 | -£2,970,000 | |
| Cash | £268,000 | £6,106,000 | |
| Total assets less current liabilities | £4,566,000 | £10,055,000 | |
| Net assets | £276,000 | £5,819,000 | |
| Equity | £276,000 | £5,819,000 | |
| Average employees | 78 | 145 | |
| Wages | £5,743,000 | £16,000,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 11.1% | -5.9% | |
| Net margin | 10.4% | -8.7% | |
| Return on capital employed | 36.0% | -20.0% | |
| Gearing (liabilities / total assets) | 96.3% | 77.0% | |
| Current ratio | 0.82x | 1.30x | |
| Interest cover | 16.30x | -6.31x |
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
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors acknowledge the latest guidance on going concern provided by The Financial Reporting Council. The Company earns the majority of its income from related parties on a cost-plus basis, and the directors are satisfied that these related parties are legally required to cover the costs of the Company in accordance with the agreement for the provision of services between the Company and the related parties. The Group recently completed an extensive stress testing exercise to prove it is a going concern, the Company has no doubts it will continue to receive income from the Group on a cost-plus basis. When adjusted for intergroup payables, the Company also has adequate liquid resources to continue in operational existence for the foreseeable future with net current assets of £4,496,000 (2023: net current liabilities of £543,000) of which £6,106,000 (2023: £268,000) is held in cash. The Company continues to monitor the uncertainty of the current economic and business environment and the Directors are satisfied that the services of the Company will continue to be available to its related parties. Management also review the budget of the Company on a regular basis. The Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the next 12 months and therefore continue to adopt the going concern basis in preparing the report and financial statements.”
Significant events
- “On 1 July 2024, Industrials Management Limited changed its name to Indurent Management Limited.”
- “On 31 December 2024, the Company was transferred out of the Sussex Super Topco Ltd group to a related party, Indurent Management Holdco Ltd.”
- “During financial year 2024, a nine-year lease was signed at the Company's satellite office at 2 Stockport Exchange, SK1 3GG in Stockport to take extra floor space adjacent to its existing offices. This office space was renovated.”
- “The Company added 126 new employees over the year to 31 December 2024.”
- “On 21 March 2025, the Company issued one ordinary share to Indurent Management Holdco Ltd for a total consideration of £7,000,000.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BELLILCHI, Sarah Rachelle | Secretary | 2016-10-26 | — | — |
| BRIAN, Charles Thibaut Olivier Augustin | Director | 2024-07-01 | Sep 1992 | French |
| CAREY, Julian Roger | Director | 2017-07-17 | Jun 1981 | British |
| GOENKA, Sumedha | Director | 2024-07-01 | Jul 1990 | Indian |
| KANAKIS, Rebecca Louise | Director | 2024-07-01 | Feb 1980 | British |
| OLSEN, Thomas Anthony Lewis | Director | 2024-04-01 | Jul 1976 | British |
| PORTER, Nicholas Anthony Robin | Director | 2024-07-01 | Sep 1983 | British |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARENSON, Paul Maurice | Secretary | 1997-02-12 | 2004-08-26 |
| FARRANT, David Jonathan | Secretary | 2012-01-03 | 2016-10-26 |
| FARRANT, David Jonathan | Secretary | 2002-08-01 | 2007-12-17 |
| KEMPNER, Michael Alfred | Secretary | 1996-06-04 | 1997-02-12 |
| MO, Sandy Yuk Kwan | Secretary | — | 1996-06-04 |
| TOLEDANO, Ravit | Secretary | 2007-12-17 | 2012-01-03 |
| ARENSON, Kevin Eric | Director | 2004-07-01 | 2008-07-07 |
| ARENSON, Paul Maurice | Director | 1996-06-04 | 2023-06-30 |
| BEAUMONT, James Edward Day | Director | 2019-09-26 | 2024-03-31 |
| FIENBERG, Michael Hyam | Director | 1996-06-04 | 2004-07-01 |
| KAPELUS, Ivan Percival | Director | 1996-06-04 | 2000-06-30 |
| KEMPNER, Michael Alfred | Director | 1996-07-15 | 1997-02-12 |
| LAIDLER, William | Director | — | 1996-06-04 |
| LEWIN, Sascha Mark | Director | 2008-10-21 | 2013-04-30 |
| NOIK, Darryl Sean | Director | 2008-10-21 | 2010-08-09 |
| TAYLOR, Andrew Kirton | Director | 2009-09-29 | 2010-07-07 |
| UNTERHALTER, Glenn Earl | Director | 2004-07-01 | 2008-08-30 |
| WATSON, Patricia Anne | Director | 2008-10-21 | 2019-06-05 |
| WULFSOHN, Edwin | Director | — | 1996-06-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Stephen Allen Schwarzman | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-06-21 | Active |
| Industrials Reit Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-08-24 | Ceased 2023-06-21 |
Filing timeline
Last 20 of 168 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-01-06 RESOLUTIONS Resolution
- 2025-01-06 MA Memorandum articles
- 2024-07-01 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-02 | AD02 | address | Change sail address company with old address new address | |
| 2026-04-02 | AD02 | address | Change sail address company with old address new address | |
| 2026-02-03 | AD03 | address | Move registers to sail company with new address | |
| 2026-02-03 | AD02 | address | Change sail address company with new address | |
| 2026-02-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-01-17 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-10-07 | AA | accounts | Accounts with accounts type full | |
| 2025-09-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-02 | SH01 | capital | Capital allotment shares | |
| 2025-01-22 | SH01 | capital | Capital allotment shares | |
| 2025-01-06 | RESOLUTIONS | resolution | Resolution | |
| 2025-01-06 | MA | incorporation | Memorandum articles | |
| 2024-09-26 | AA | accounts | Accounts with accounts type full | |
| 2024-08-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-01 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-04-02 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 2
- 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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+129.4%
£14,806,000 £33,959,000
-
Cash
+2,178.4%
£268,000 £6,106,000
-
Net assets
+2,008.3%
£276,000 £5,819,000
-
Employees
+85.9%
78 145
-
Operating profit
-222.3%
£1,646,000 -£2,013,000
-
Profit before tax
-292.1%
£1,546,000 -£2,970,000
-
Wages
+178.6%
£5,743,000 £16,000,000
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