EQUITY RELEASE INVESTMENT COMPANY LIMITED
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-09-30
Confirmation statement due
2027-04-15 (in 11mo)
Last made up 2026-04-01
Watchouts
None on the register
Cash
£12M
+67.1% vs 2023
Net assets
-£41M
-7.9% vs 2023
Employees
3
0% vs 2023
Profit before tax
-£430K
-141.1% vs 2023
Name history
Renamed 1 time since incorporation
- EQUITY RELEASE INVESTMENT COMPANY LIMITED 2019-04-04 → present
- EQUITY RELEASE INVESTMENT COMPANY PLC 2018-09-07 → 2019-04-04
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-09-30
| Metric | Trend | 2023-09-30 | 2024-09-30 |
|---|---|---|---|
| Turnover | £64,077,000 | £61,070,000 | |
| Operating profit | £20,248,000 | £18,350,000 | |
| Profit before tax | £1,047,000 | -£430,000 | |
| Net profit | -£1,812,000 | -£3,203,000 | |
| Cash | £7,266,000 | £12,143,000 | |
| Total assets less current liabilities | £176,621,000 | £214,032,000 | |
| Net assets | -£37,582,000 | -£40,569,000 | |
| Equity | -£37,582,000 | -£40,569,000 | |
| Average employees | 3 | 3 | |
| 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 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|
| Operating margin | 31.6% | 30.0% | |
| Net margin | -2.8% | -5.2% | |
| Return on capital employed | 11.5% | 8.6% | |
| Current ratio | 2.93x | 8.92x | |
| Interest cover | 1.03x | 0.92x |
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
- Consolidated group
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Retirement Bridge Investments Limited, the ultimate parent company, has confirmed to the directors of the company and group that it will continue to provide financial and operational support, for at least 12 months from the signing of these financial statements and thereafter for the foreseeable future, to allow the company and group to meet its ongoing liabilities as and when they become due.”
Group structure
- EQUITY RELEASE INVESTMENT COMPANY LIMITED · parent
- Equity Release Investment Company 2 Limited 100%
- Hamsard 2517 (New Business) Limited 100%
- Retirement Bridge Group Holdings Limited 100%
- Home Properties Limited 100%
- Retirement Bridge Housing Limited 100%
- Retirement Housing Management (Isle of Man) Limited 100%
- The Capital Appreciation Trust Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARBER, Paul Trevor | Director | 2019-05-22 | Jul 1967 | British |
| LAW, Shane Edward | Director | 2018-09-07 | Aug 1972 | British |
| PIERCE, Antony Lewis | Director | 2019-05-22 | Aug 1976 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROUGHTON SECRETARIES LIMITED | Corporate Secretary | 2018-09-07 | 2019-05-22 |
| KASHYAP, Ashish | Director | 2018-09-07 | 2022-01-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Retirement Bridge Investments Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, voting-rights-75-to-100-percent-as-firm, Appoints directors | 2019-05-22 | Active |
| Patron Capital Advisers Llp | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-09-07 | Ceased 2019-05-22 |
Filing timeline
Last 20 of 41 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-07 | AA | accounts | Accounts with accounts type group | |
| 2024-04-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-01-12 | AA | accounts | Accounts with accounts type group | |
| 2023-12-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-08-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-04-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-03-08 | AA | accounts | Accounts with accounts type group | |
| 2022-05-24 | CH01 | officers | Change person director company with change date | |
| 2022-04-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-03-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-03-01 | AA | accounts | Accounts with accounts type group | |
| 2022-01-20 | TM01 | officers | Termination director company with name termination date | |
| 2021-11-11 | CH01 | officers | Change person director company with change date | |
| 2021-11-11 | CH01 | officers | Change person director company with change date | |
| 2021-11-11 | CH01 | officers | Change person director company with change date | |
| 2021-11-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-04-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-03-24 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 0
- 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 2024-09-30 vs 2023-09-30
-
Turnover
-4.7%
£64,077,000 £61,070,000
-
Cash
+67.1%
£7,266,000 £12,143,000
-
Net assets
-7.9%
-£37,582,000 -£40,569,000
-
Employees
0%
3 3
-
Operating profit
-9.4%
£20,248,000 £18,350,000
-
Profit before tax
-141.1%
£1,047,000 -£430,000
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