LXI PROPERTY HOLDINGS 1 LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-03-15 (in 10mo)
Last made up 2026-03-01
Watchouts
None on the register
Cash
£3M
-59.5% vs 2024
Net assets
£243M
+3.4% vs 2024
Employees
0
Average over period
Profit before tax
£8M
-46.2% vs 2024
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £11,393,302 | £14,319,629 | |
| Operating profit | -£2,191,896 | £12,861,291 | |
| Profit before tax | £14,883,646 | £8,003,569 | |
| Net profit | £14,883,646 | £8,003,569 | |
| Cash | £7,875,737 | £3,193,519 | |
| Total assets less current liabilities | £327,639,365 | £335,606,124 | |
| Net assets | £235,439,142 | £243,442,711 | |
| Equity | £235,439,142 | £243,442,711 | |
| 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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -19.2% | 89.8% | |
| Net margin | 130.6% | 55.9% | |
| Return on capital employed | -0.7% | 3.8% | |
| Gearing (liabilities / total assets) | 44.9% | 55.3% | |
| Current ratio | 0.88x | 0.02x | |
| Interest cover | -0.74x | 1.75x |
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
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company is in a net asset position but has net current liabilities. The Company's ultimate parent, LondonMetric Property Plc, has confirmed its continuing financial support by way of an intercompany loan to be provided as and when required and therefore the Directors consider the Company is in a position to meet its liabilities as they fall due for the foreseeable future, being a period of at least 12 months following the approval of these financial statements.”
Group structure
- LXI PROPERTY HOLDINGS 1 LIMITED · parent
- LXi Property Holdings 2 Limited 100%
- Alco 1 Limited 100%
- FPI Co 223 Limited 100%
Significant events
- “On 17 April 2025 the Company exchanged contracts to sell QPark, Rockingham, Sheffield for £16.3 million. This sale completed on 1 July 2025.”
- “During the year the Company undertook two exercises to release properties charged to the Company's secured Scottish Widows facilities so that they could be sold in the short to medium term. Substitute properties were transferred into the Company from within the wider Group at a consideration of £92,930,000 (27 September 2024) and £105,410,000 (28 January 2025).”
- “On 11 December 2024 the Company sold a parcel of land lying on the south side of Clayton Road, Bradford and to the west of Hollingwood Lane, Bradford for £57,500.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DUZNIAK, Jadzia Zofia | Secretary | 2024-03-05 | — | — |
| MCGANN, Martin Francis | Director | 2024-03-05 | Jan 1961 | British |
| RICHARDS, Darren Windsor | Director | 2026-03-23 | Aug 1972 | British |
| SMITH, Andrew David | Director | 2026-03-23 | Nov 1976 | British |
| STIRLING, Mark Andrew | Director | 2024-03-05 | Jun 1963 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| APEX LISTED COMPANIES SERVICES (UK) LIMITED | Corporate Secretary | 2017-08-07 | 2023-03-06 |
| LANGHAM HALL UK SERVICES LIMITED LIABILITY PARTNERSHIP | Corporate Secretary | 2017-03-02 | 2017-08-07 |
| LDC NOMINEE SECRETARY LIMITED | Corporate Secretary | 2023-03-06 | 2024-03-05 |
| BEALE, Jamie Nigel | Director | 2018-09-10 | 2022-03-11 |
| BERESFORD, Valentine Tristram | Director | 2024-03-05 | 2026-03-23 |
| BROOKS, Frederick Joseph | Director | 2019-03-01 | 2023-09-03 |
| CARTWRIGHT, John Liberty | Director | 2017-03-02 | 2018-09-10 |
| ETHERDEN, Jeannette Elaine | Director | 2017-03-02 | 2018-09-10 |
| HUBBARD, Stephen Arthur | Director | 2017-03-02 | 2022-03-11 |
| JONES, Andrew Marc | Director | 2024-03-05 | 2026-03-23 |
| LEE, Simon | Director | 2018-09-10 | 2024-03-05 |
| MACEACHIN, Neil Alexander | Director | 2023-09-03 | 2024-03-05 |
| SMITH, Colin Deverell | Director | 2017-03-02 | 2018-09-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Londonmetric Property Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-03-05 | Active |
| Lxi Reit Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-03-02 | Ceased 2024-03-05 |
Filing timeline
Last 20 of 110 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-04-02 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2026-03-23 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-23 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-23 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-23 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-07 | AA | accounts | Accounts with accounts type full | |
| 2025-08-01 | SH01 | capital | Capital allotment shares | |
| 2025-04-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-18 | MR05 | mortgage | Mortgage charge part release with charge number | |
| 2025-01-31 | MR05 | mortgage | Mortgage charge part release with charge number | |
| 2025-01-31 | MR05 | mortgage | Mortgage charge part release with charge number | |
| 2025-01-31 | MR05 | mortgage | Mortgage charge part release with charge number | |
| 2025-01-31 | MR05 | mortgage | Mortgage charge part release with charge number | |
| 2025-01-31 | MR05 | mortgage | Mortgage charge part release with charge number | |
| 2025-01-31 | MR05 | mortgage | Mortgage charge whole release with charge number | |
| 2025-01-31 | MR05 | mortgage | Mortgage charge part release with charge number | |
| 2025-01-31 | MR05 | mortgage | Mortgage charge part release with charge number | |
| 2025-01-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-18 | MR05 | mortgage | Mortgage charge part release with charge number |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 1
- Officers appointed
- 2
- 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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+25.7%
£11,393,302 £14,319,629
-
Cash
-59.5%
£7,875,737 £3,193,519
-
Net assets
+3.4%
£235,439,142 £243,442,711
-
Employees
—
Not reported
-
Operating profit
+686.8%
-£2,191,896 £12,861,291
-
Profit before tax
-46.2%
£14,883,646 £8,003,569
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