I.M. PROPERTIES DEVELOPMENT LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-11 (in 2mo)
Last made up 2025-06-27
Watchouts
None on the register
Cash
£2M
-61.2% vs 2023
Net assets
£200M
-3.6% vs 2023
Employees
0
Average over period
Profit before tax
£3M
-80.1% vs 2023
Name history
Renamed 2 times since incorporation
- I.M. PROPERTIES DEVELOPMENT LIMITED 2011-08-24 → present
- I.M. PROPERTIES (DORDON) LIMITED 1997-03-10 → 2011-08-24
- PINCO 897 LIMITED 1997-02-04 → 1997-03-10
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £76,909,537 | £270,542 | |
| Operating profit | £4,810,855 | -£8,002,804 | |
| Profit before tax | £16,453,070 | £3,267,698 | |
| Net profit | £12,588,424 | £2,472,821 | |
| Cash | £5,249,053 | £2,037,507 | |
| Total assets less current liabilities | £209,280,617 | £201,743,830 | |
| Net assets | £207,226,144 | £199,698,965 | |
| Equity | £207,226,144 | £199,698,965 | |
| Average employees | 0 | 0 | |
| Wages | — | — |
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 | 6.3% | -2958.1% | |
| Net margin | 16.4% | 914.0% | |
| Return on capital employed | 2.3% | -4.0% | |
| Current ratio | 13.11x | 13.54x |
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
- Standalone (parent only)
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the statement of financial position date and signing date, the company had strong cash balances and net current assets in excess of £110m. The directors have prepared detailed forecasts which show that the company has sufficient cash available to it to ensure it can meet its obligations for the foreseeable future. On that basis, the directors have prepared these financial statements on a going concern basis.”
Group structure
- I.M. PROPERTIES DEVELOPMENT LIMITED · parent
- IMP Development Management Limited 100%
- I.M. Properties (BVP 2) Limited 100%
- I.M. Properties (BVP 3) Limited 100%
- IMP Hill Top Estates Limited 92.5%
- IM Properties Hinckley Limited 100%
- IM Properties Hemel Limited 100%
- Hinckley Park Estate Management Company Limited 100%
- BVP Residential Management Company Limited 100%
- Peddimore Management Company Limited 100%
Significant events
- “Post year end the group underwent a recapitalisation process which resulted in I.M. Properties Development Limited paying a dividend to its immediate parent undertaking. A dividend of £211,781,924 was declared on 14 May 2025.”
- “As part of the process a bonus issue of £221,781,924 was made on 7 May 2025 increasing the share capital to £221,782,125. This was followed by a capital reduction of £221,781,924 on 12 May 2025.”
- “Finally, on 14 May 2025 the company issued 204,999,799 new shares for £1 per share increasing the share capital to £205,000,000.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SANDHU, Kajal | Secretary | 2025-04-30 | — | — |
| ASHFIELD, Kevin James | Director | 2012-01-01 | Oct 1974 | British |
| JASPER, Jason | Director | 2015-12-23 | Nov 1973 | British |
| MOORE, Stephen Howard | Director | 2025-12-24 | Jul 1986 | British |
| WOOLDRIDGE, Timothy John | Director | 2006-12-01 | Jul 1973 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CROFT, Robert William | Secretary | 2011-01-04 | 2025-04-30 |
| O'GORMAN, Patrick Joseph | Secretary | 1997-03-11 | 2011-01-04 |
| PINSENT MASONS SECRETARIAL LIMITED | Corporate Nominee Secretary | 1997-02-04 | 1997-03-11 |
| ADAMS, Michael David | Director | 1997-03-11 | 2012-01-01 |
| CLARKE, Adrian Graham | Director | 2011-01-04 | 2025-12-24 |
| FOSTER, Paul Brett | Director | 1997-03-11 | 2004-12-31 |
| HUTTON, Gary Ernest | Director | 2009-11-02 | 2025-12-24 |
| JONES, Michael Edward | Director | 1997-03-11 | 2010-05-12 |
| O'GORMAN, Patrick Joseph | Director | 2004-11-08 | 2011-03-31 |
| PINSENT MASONS DIRECTOR LIMITED | Corporate Nominee Director | 1997-02-04 | 1997-03-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| I.M. Properties Plc | Corporate entity | Shares 75–100%, Voting 75–100% | 2019-12-13 | Active |
| Meaujo (Properties) Plc | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2019-12-13 |
Filing timeline
Last 20 of 134 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-05-14 RESOLUTIONS Resolution
- 2025-05-13 RESOLUTIONS Resolution
- 2025-03-28 CC04 Statement of companys objects
- 2025-02-28 MA Memorandum articles
- 2025-02-28 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-08 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-04 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-16 | AA | accounts | Accounts with accounts type full | |
| 2025-07-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-12 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-06-12 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-05-19 | SH01 | capital | Capital allotment shares | |
| 2025-05-14 | RESOLUTIONS | resolution | Resolution | |
| 2025-05-13 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-05-13 | SH20 | capital | Legacy | |
| 2025-05-13 | CAP-SS | insolvency | Legacy | |
| 2025-05-13 | RESOLUTIONS | resolution | Resolution | |
| 2025-05-09 | SH01 | capital | Capital allotment shares | |
| 2025-03-28 | CC04 | change-of-constitution | Statement of companys objects | |
| 2025-02-28 | MA | incorporation | Memorandum articles | |
| 2025-02-28 | RESOLUTIONS | resolution | Resolution | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-09-30 | PARENT_ACC | accounts | Legacy | |
| 2024-09-30 | GUARANTEE2 | other | Legacy |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 14
- Capital events
- 4
- Officers appointed
- 1
- Officers resigned
- 2
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
-99.6%
£76,909,537 £270,542
-
Cash
-61.2%
£5,249,053 £2,037,507
-
Net assets
-3.6%
£207,226,144 £199,698,965
-
Employees
—
Not reported
-
Operating profit
-266.3%
£4,810,855 -£8,002,804
-
Profit before tax
-80.1%
£16,453,070 £3,267,698
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