VALUE AND INDEXED PROPERTY INCOME TRUST PLC
Get an alert when VALUE AND INDEXED PROPERTY INCOME TRUST PLC files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2025-03-31
Confirmation statement due
2027-03-28 (in 10mo)
Last made up 2026-03-14
Watchouts
None on the register
Cash
£6M
Latest balance sheet
Net assets
£89M
lowest in 3 filed years
Employees
—
Average over period
Profit before tax
£2M
lowest in 3 filed years
Name history
Renamed 3 times since incorporation
- VALUE AND INDEXED PROPERTY INCOME TRUST PLC 2021-01-22 → present
- VALUE AND INCOME TRUST PLC 2015-08-26 → 2021-01-22
- VALUE & INCOME TRUST PLC 1986-08-22 → 2015-08-26
- STEWART ENTERPRISE INVESTMENT COMPANY P.L.C. 1972-04-19 → 1986-08-22
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · latest reflected 2025-09-30
| Metric | Trend | 2024-09-30 | 2025-03-31 | 2025-09-30 |
|---|---|---|---|---|
| Turnover | £4,226,000 | £9,406,000 | £4,327,000 | |
| Operating profit | — | — | — | |
| Profit before tax | £3,466,000 | £8,336,000 | £1,755,000 | |
| Net profit | £2,424,000 | £6,060,000 | £1,755,000 | |
| Cash | £8,326,000 | £4,459,000 | £6,305,000 | |
| Total assets less current liabilities | £154,207,000 | £139,235,000 | £138,075,000 | |
| Net assets | £90,266,000 | £90,211,000 | £89,024,000 | |
| Equity | £90,266,000 | £90,211,000 | £89,024,000 | |
| Average employees | — | — | — | |
| 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 | 2024-09-30 | 2025-03-31 | 2025-09-30 |
|---|---|---|---|---|
| Net margin | 57.4% | 64.4% | 40.6% | |
| Gearing (liabilities / total assets) | 42.9% | 40.3% | 36.8% | |
| Current ratio | 2.84x | 1.81x | 3.23x |
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
- Consolidated group
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unaudited (audit-exempt)
- Going concern
- Affirmed
“The Directors believe that it is appropriate to continue to adopt the going concern basis in preparing the Group's Financial Statements.”
Significant events
- “The final £9 million of the loan expiring in March 2026 was repaid by July.”
- “A new £15 million five year Revolving Credit Facility (RCF) was arranged in August with interest payable at 1.7% per annum over Base Rate on any amounts drawn down.”
- “VIP sold four properties at valuation - two bowling alleys at Doncaster (held leasehold) and Stafford and two industrial properties at Aylesford and Thirsk.”
- “Premier Inn's lease at Catterick was extended to 2051 with the break clause removed.”
- “The Company announced on 1 August its intention to bring forward proposals to offer Shareholders a cash exit by way of a Tender Offer and to fix the life of the Company and adopt a discount control policy.”
- “3.3% of the Company's issued share capital was validly tendered on 8 October at a total price of £3.05 million.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MAVEN CAPITAL PARTNERS UK LLP | Corporate Secretary | 2013-02-01 | — | — |
| OAKESHOTT, Matthew Alan, Lord | Director | 2020-09-10 | Jan 1947 | British |
| READER, Lorraine Marie | Director | 2024-08-01 | Jun 1974 | British |
| SMITH, David Alexander | Director | 2009-07-10 | Nov 1947 | British |
| VALENTINE, Josephine Clare, Baroness | Director | 2020-11-13 | Dec 1958 | British |
| WINTERBURN, Lucy Emma | Director | 2022-08-01 | Oct 1973 | British |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ABERDEEN ASSET MANAGEMENT PLC | Corporate Secretary | 2007-11-30 | 2013-02-01 |
| EDINBURGH FUND MANAGERS PLC | Corporate Secretary | 2000-10-13 | 2007-11-30 |
| STEWART IVORY & COMPANY LIMITED | Corporate Secretary | — | 2000-10-13 |
| ARMSTRONG, Douglas Alexander | Director | 2021-01-07 | 2021-01-07 |
| BACK, David Hugh | Director | 2000-07-07 | 2012-07-13 |
| CUMMING, John Alan | Director | — | 1993-11-04 |
| FERGUSON, James Gordon Dickson | Director | — | 2022-07-08 |
| KAY, John Anderson, Professor | Director | 1994-02-04 | 2025-07-10 |
| KELLY, Miranda Anne | Director | 2020-09-03 | 2020-09-03 |
| LASCELLES, Angela Marion | Director | 2008-03-06 | 2019-04-01 |
| LASCELLES, Angela Marion | Director | 2006-04-01 | 2007-03-31 |
| LASCELLES, Angela Marion | Director | — | 2005-02-10 |
| MURRAY, John Hendry | Director | — | 2000-07-03 |
| NEARY, Dominic Mark | Director | 2018-01-26 | 2021-07-23 |
| OAKESHOTT, Matthew Alan, Lord | Director | 2007-04-01 | 2019-04-01 |
| OAKESHOTT, Matthew Alan, Lord | Director | — | 2006-03-31 |
| THOMSON, George Morgan, Right Honourable Lord Thomson Of Monifieth | Director | — | 2000-07-03 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 524 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-10-06 MA Memorandum articles
- 2025-10-06 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-04-27 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2026-04-17 | SH04 | capital | Capital sale or transfer treasury shares | |
| 2026-03-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-22 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2025-11-25 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2025-11-24 | AA | accounts | Accounts with accounts type interim | |
| 2025-10-06 | MA | incorporation | Memorandum articles | |
| 2025-10-06 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-08-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-13 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 4
- Officers appointed
- 0
- Officers resigned
- 1
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
FY2025 → FY2025 · period ending 2025-09-30 vs 2025-03-31