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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

  1. INDURENT MANAGEMENT LIMITED 2024-07-01 → present
  2. INDUSTRIALS MANAGEMENT LIMITED 2021-10-27 → 2024-07-01
  3. STENPROP MANAGEMENT LIMITED 2014-10-10 → 2021-10-27
  4. STENHAM PROPERTY LTD 2004-04-27 → 2014-10-10
  5. STENHAM GESTINOR PROPERTY LIMITED 1999-01-26 → 2004-04-27
  6. RIGHTSECTOR LIMITED 1987-04-08 → 1999-01-26

Accounts

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

Metric Trend 2023-12-312024-12-31
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 78145
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 2023-12-312024-12-31
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 0.82x1.30x
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

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 PDF
2026-04-02 AD02 address Change sail address company with old address new address PDF
2026-02-03 AD03 address Move registers to sail company with new address PDF
2026-02-03 AD02 address Change sail address company with new address PDF
2026-02-02 AD01 address Change registered office address company with date old address new address PDF
2026-01-17 PSC04 persons-with-significant-control Change to a person with significant control PDF
2025-10-07 AA accounts Accounts with accounts type full
2025-09-02 CS01 confirmation-statement Confirmation statement with updates PDF
2025-04-02 SH01 capital Capital allotment shares PDF
2025-01-22 SH01 capital Capital allotment shares PDF
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 PDF
2024-07-01 AP01 officers Appoint person director company with name date PDF
2024-07-01 AP01 officers Appoint person director company with name date PDF
2024-07-01 AP01 officers Appoint person director company with name date PDF
2024-07-01 AP01 officers Appoint person director company with name date PDF
2024-07-01 CERTNM change-of-name Certificate change of name company PDF
2024-04-02 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
8

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.

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

Official Companies House page