Do you have a dispute with a business?
Make it public
TRIPLE POINT SOCIAL HOUSING REIT PLC
1 KING WILLIAM STREET, LONDON, EC4N 7AFCompany Number: 10814022
Incorporation date: 12-Jun-2017
Status: Active
Entity type: Public Limited Company
SIC codes:
64306 Activities of real estate investment trusts
SUMMARY
This company is 6.9 years old and is currently active. It is controlled by Triple Point Investment Management Llp. The company has positive equity (net assets) of GBP 339.3 million which has increased from GBP 325.8 million in the previous year. The company has 5 active officers (directors or partners) who are or were officers of 199 other companies, 80 (40.2%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Jun-2024Accounts Filed: GROUP (31-Dec-2022)
P&L Financials:
| Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
|---|---|---|---|---|---|---|---|
| 31-Dec-2019 | GBP | ||||||
| 31-Dec-2018 | GBP | ||||||
| 30-Jun-2018 | GBP | 4,744,000 | 6,128,000 | 70,000 | 24,000 | 6,040,000 |
Balance Sheet Financials:
| Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
|---|---|---|---|---|---|---|---|---|---|
| 31-Dec-2019 | GBP | 55,893,000 | 2,793,000 | 3,514,000 | 151,157,000 | 339,264,000 | |||
| 31-Dec-2018 | GBP | 97,121,000 | 359,431,000 | 58,531,000 | 3,514,000 | 151,157,000 | -12,794,000 | 325,798,000 | |
| 30-Jun-2018 | GBP | 63,346,000 | 65,757,000 | 51,972,000 | 2,000,000 | 11,679,000 | 203,212,000 |
VALUATION EVENTS (BETA)
| Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
|---|---|---|---|---|---|---|
| 31-Dec-2018 | GBP | 43.08% | 152,671,000 | 201,678,996 | 354,349,996 | 197,780,996 |
** Estimated based on average Cash and Debt levels during period
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
|---|---|---|---|---|---|---|
| Active | HANWAY ADVISORY LIMITED | 01 Oct 2018 | 18 Apr 2024 | 112 - 12 | ||
| Resigned | LANGHAM HALL UK SERVICES LLP | 17 Jul 2017 | 01 Oct 2018 | 0 - 15 | ||
| Resigned | Justin HUBBLE | 12 Jun 2017 | 17 Jul 2017 | 0 - 1 |
DIRECTORS
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
|---|---|---|---|---|---|---|---|
| Active | Cecily Diana DAVIS | 23 May 2023 | Lawyer | British | 4 - 7 | 1 (9.1%) | |
| Active | Tracey FLETCHER | 01 Nov 2018 | Director | British | 1 - 8 | 1 (11.1%) | |
| Active | Christopher Robin Leslie PHILLIPS | 17 Jul 2017 | Director | British | 19 - 181 | 71 (35.5%) | |
| Active | Ian William REEVES | 17 Jul 2017 | Director | British | 3 - 55 | 22 (37.9%) | |
| Active | Peter John COWARD | 17 Jul 2017 | Director | British | 1 - 0 | 0 (0.0%) | |
| Resigned | Paul Francis OLIVER | 17 Jul 2017 | 30 Jun 2023 | Director | British | 17 - 111 | 75 (58.6%) |
| Resigned | Justin Legarth HUBBLE | 12 Jun 2017 | 17 Jul 2017 | General Counsel | British,New Zealander | 23 - 76 | 40 (40.4%) |
| Resigned | Benjamin James BEATON | 12 Jun 2017 | 17 Jul 2017 | Managing Partner | British | 7 - 31 | 0 (0.0%) |
Average tenure of active directors: 5.3 years
Average tenure of resigned directors: 2.0 years
Average active director Dissolution Rate: 18.7%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
No shareholder data available
SHAREHOLDINGS (BETA)
| Company name | Share class | Shares at confimation date | |||
|---|---|---|---|---|---|
| 2019-03-01 | 2018-10-05 | 2018-10-04 | 2018-03-31 | ||
| TRIPLE POINT SOCIAL HOUSING REIT PLC | ORDINARY | 101 100% | 101 100% | 1 100% | 103 100% |
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
TRIPLE POINT SOCIAL HOUSING REIT PLC
Controlled companies below
- Significant influence or control:PUMA PROPERTIES UK (BASKERVILLE HALL) LIMITED (09820932 - UK) active
- Significant influence or control:TP REIT SUPER HOLDCO LIMITED (10999411 - UK) active
- >75%:TP REIT HOLDCO 3 LIMITED (11642250 - UK) active
- >75%:TP REIT HOLDCO 4 LIMITED (11748126 - UK) active
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
64306 Activities of real estate investment trusts)
| Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
|---|---|---|---|---|---|---|
| .BIG YELLOW SELF STORAGE COMPANY LIMITED | 2 THE DEANS BRIDGE ROAD, BAGSHOT, SURREY, GU19 5AT | 05166173 | 2018-03-31 | 51,410,000 | 52,533,000 | |
| MANCO INVESTMENTS LTD | THE STABLES GOBLANDS FARM BUSINESS CTR, CEMETERY LANE, HADLOW, KENT, UNITED KINGDOM, TN11 0LT | 01871574 | 2017-12-31 | 27,761 | 0 | |
| GILBERT COOPER LTD | C/O HILLIER HOPKINS LLP, 249 SILBURY BOULEVARD, MILTON KEYNES, BUCKS, UNITED KINGDOM, MK9 1NA | 10691829 | 2018-03-31 | 3,540 | 0 |
68100-Buying and selling of own real estate 68209-Other letting and operating of own or leased real estate |
| AKROS INVESTMENTS LTD | UNITS 1 & 2 STATION CHAMBERS STATION CHAMBERS, HIGH STREET NORTH, LONDON, ENGLAND, E6 1JE | 08777615 | 2018-11-30 | 0 | 0 | |
| BERKSHIRE INVESTORS CLUB LIMITED | OVERDENE HOUSE, 49 CHURCH STREET, THEALE, BERKSHIRE, RG7 5BX | 08564215 | 2017-12-31 | 0 | 0 | |
| EWV PROPERTIES LIMITED | BANK HOUSE, 81 ST JUDES ROAD, ENGLEFIELD GREEN, SURREY, TW20 0DF | 08730525 | 2018-10-31 | 0 | 0 | |
| NOTREYA LTD | 28 WILTON ROAD, BEXHILL ON SEA, EAST SUSSEX, UNITED KINGDOM, TN40 1EZ | 10683210 | 2019-03-31 | 0 | 0 | |
| PROSPECT INVESTORS CLUB LTD | 24 KING STREET, READING, BERKSHIRE, RG1 2HE | 08875515 | 2019-03-31 | 0 | 0 | |
| COLMORE INVESTMENTS LTD | 97 PARK LANE, MAYFAIR, LONDON, LONDON, ENGLAND, W1K 7TG | 09542639 | 0000-00-00 | 0 | 0 | |
| INTU PROPERTIES PLC | 10 FLEET PLACE, LONDON, EC4M 7RB | 03685527 | 0000-00-00 | 0 | 0 | |
| LAND SECURITIES GROUP PLC | 100 VICTORIA STREET, LONDON, UNITED KINGDOM, SW1E 5JL | 04369054 | 0000-00-00 | 0 | 0 | |
| SEGRO PUBLIC LIMITED COMPANY | 1 NEW BURLINGTON PLACE, LONDON, ENGLAND, W1S 2HR | 00167591 | 0000-00-00 | 0 | 0 |
68100-Buying and selling of own real estate 70100-Activities of head offices |
LIQUIDATION RISK (BETA)
This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
| Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
|---|---|---|---|---|
| TRIPLE POINT SOCIAL HOUSING REIT PLC | 0.9% | 3.6% | 7.1% | Medium |
| Other companies Active in the same sector | 1.5% | 3.8% | 9.2% | Medium |
| Age | 0.6% | 2.5% | 4.9% | Medium |
| Company Type | 1.7% | 4.0% | 5.9% | Medium |
| Accounts category | 0.6% | 1.5% | 2.5% | Medium |
| Accounting Month | 0.6% | 2.4% | 5.5% | Medium |
| Sic code count | 0.7% | 3.5% | 7.0% | Medium |
VALUATION (BETA)
Valuation ratios as at 2024-03-31
| Market Cap GBP | Enterprise Value GBP | PE | EV/Revenue | EV/EBITDA | |
|---|---|---|---|---|---|
| TRIPLE POINT SOCIAL HOUSING REIT PLC | 235,290,000 | 7.8 | |||
| Real Estate Investment Trusts ( 34 companies) |
48,493,530,000 | 67,224,979,300 | 10.3 (median) |
12.3 (median) |
N/A |
