WAREHOUSE REIT PLC

LINK COMPANY MATTERS LIMITED, 6TH FLOOR, 65 GRESHAM STREET, LONDON, EC2V 7NQ

Company Number: 10880317
Incorporation date: 24-Jul-2017
Status: Active
Entity type: Public Limited Company

SIC codes:
64306 Activities of real estate investment trusts





SUMMARY

This company is 6.7 years old and is currently active. It is controlled by Tilstone Partners Limited. The company has positive equity (net assets) of GBP 263.1 million which has increased from GBP 182.3 million in the previous year. The latest reported revenue figure is GBP 30.1 million which is up 40% on previous year's figure of GBP 22 million. The company has 6 active officers (directors or partners) who are or were officers of 54 other companies, 12 (22.2%) 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-Sep-2024
Accounts Filed: GROUP (31-Mar-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Mar-2020 GBP 30,053,000 27,129,000 30,000 6,483,000 20,676,000
31-Mar-2019 GBP 21,985,000 27,739,000 22,773,000
31-Mar-2018 GBP 6,566,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Mar-2020 GBP 5,483,000 11,891,000 11,873,000 2,403,000 74,028,000 25,539,000 263,119,000
31-Mar-2019 GBP 312,040,000 4,170,000 182,327,000
31-Mar-2018 GBP 46,572,000 16,951,450,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Mar-2020 GBP 100.00% 76,431,000 0 76,431,000 35,474,000
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Resigned CAPITA REGISTRARS LIMITED 24 Jul 2017 24 Jul 2017 6 - 7
Active CAPITA COMPANY SECRETARIAL SERVICES LIMITED 24 Jul 2017 29 Mar 2024 257 - 664

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Dominic O'ROURKE 13 Sep 2023 Director British 1 - 00 (0.0%)
Active Lynette LACKEY 15 Nov 2018 Chartered Accountant British 1 - 00 (0.0%)
Active Neil William KIRTON 01 Aug 2017 Non-Executive Director British 16 - 63 (13.6%)
Resigned Martin MEECH 01 Aug 2017 12 Sep 2023 Chartered Surveyor British 0 - 10 (0.0%)
Active Aimee Joan Geraldine PITMAN 01 Aug 2017 Consultant British 4 - 10 (0.0%)
Active Simon Richard HOPE 24 Jul 2017 Company Director British 8 - 379 (20.0%)
Active Stephen William BARROW 24 Jul 2017 Company Director British 3 - 22 (40.0%)
Number of active directors: 6
Average tenure of active directors: 5.4 years
Average tenure of resigned directors: 6.1 years
Average active director Dissolution Rate: 12.3%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
STOCKDALE SECURITIES LIMITED (00762818) - Active
INGENTA PLC (00837205) - Active
ARBUTHNOT BANKING GROUP PLC (01954085) - Active
SAVILLS PLC (02122174) - Active
SAVILLS (OVERSEAS HOLDINGS) LIMITED (02316653) - Active
SAVILLS COMMERCIAL LIMITED (02605125) - Active
SAVILLS (UK) LIMITED (02605138) - Active
HOLMESDALE NOMINEES LIMITED (02785084) - Dissolved
SAVILLS FINANCE HOLDINGS PLC (02794955) - Active
SAVILLS CAPITAL ADVISORS LIMITED (02828896) - Active
FOUR AYNHOE ROAD LIMITED (02852349) - Active
MAXONIUM ESTATES LIMITED (02893551) - Active
LAGENTIUM ESTATES LIMITED (02893559) - Active
GROSVENOR HILL VENTURES LIMITED (02899912) - Active
ARBUTHNOT INVESTMENTS LIMITED (03022758) - Active
S F SECURITIES LIMITED (03069004) - Active
GROSVENOR HILL PROPERTIES LIMITED (03243904) - Dissolved
BARLOWS EASTBOURNE LIMITED (03532755) - Dissolved
BATLEY MILLS LIMITED (03808086) - Dissolved
GROSVENOR HILL (SOUTHAMPTON) LIMITED (03969086) - Dissolved
BARLOWS (OAKLANDS) LTD (04140164) - Dissolved
GROSVENOR HILL (SPRUCEFIELDS) LIMITED (04302700) - Dissolved
RED OAK LIMITED (04601286) - Active
THE CANADA MEMORIAL FOUNDATION (04733577) - Active
CORDEA SAVILLS INVESTMENTS LIMITED (04805099) - Active
SAVILLS CO-INVESTMENT HOLDINGS LIMITED (04837434) - Active
THE KIMBLEWICK HUNT LIMITED (05602557) - Dissolved
SAVILLS ASSET WAREHOUSE 1 LIMITED (05642401) - Active
PITMAN AND COMPANY CONSULTING LTD. (05711157) - Active
BALDWIN KIRTON LIMITED (06257499) - Dissolved
DEVA WHITE LIMITED (07790645) - Active
ASTON MULLINS BLOODSTOCK LIMITED (07868453) - Active
TILSTONE CHESTERFIELD LIMITED (08215014) - Active
TILSTONE INDUSTRIAL LIMITED (08588685) - Active
PERCEVAL BLOODSTOCK LIMITED (09191634) - Active
GRENVILLE BLOODSTOCK LIMITED (09191977) - Active
TILSTONE RETAIL LIMITED (09942150) - Active
TILSTONE TRADE LIMITED (10051989) - Active
TILSTONE HOLDINGS LIMITED (10054491) - Active
TILSTONE WAREHOUSE HOLDCO LIMITED (10407988) - Active
TILSTONE GLASGOW LIMITED (10408150) - Active
TILSTONE RETAIL WAREHOUSE LIMITED (10416523) - Active
TILSTONE INDUSTRIAL WAREHOUSE LIMITED (10416564) - Active
BASINGSTOKE WAREHOUSE LIMITED (10513363) - Dissolved
TILSTONE OXFORD LIMITED (10513380) - Active
TILSTONE BASINGSTOKE LIMITED (10513414) - Active
TILSTONE PARTNERS LIMITED (10594167) - Active
CHAPEL ROAD FARM ESTATES LIMITED (10864752) - Active
WAREHOUSE REIT PLC (10880317) - Active
TILSTONE PROPERTY HOLDINGS LIMITED (10960785) - Active - Proposal to Strike off
GREENSTONE INVESTMENT MANAGEMENT LIMITED (11078428) - Active - Proposal to Strike off
TILSTONE RADWAY LIMITED (11083224) - Active
JENBAZ LTD (11726829) - Dissolved
WAREHOUSE 1234 LIMITED (12517469) - Active
TILSTONE LIVERPOOL LIMITED (12517480) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

Company name Share class Shares at confimation date
2018-03-09
WAREHOUSE REIT PLCORDINARY63,872
100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

WAREHOUSE REIT PLC

Controlled companies below

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 59 UNION STREET, DUNSTABLE, ENGLAND, LU6 1EX 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
WAREHOUSE 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 0.5% 1.8% 3.9% Medium
Sic code count 0.7% 3.5% 7.0% Medium

VALUATION (BETA)




Valuation ratios as at 2024-02-28


Market Cap GBP Enterprise Value GBP PE EV/Revenue EV/EBITDA
WAREHOUSE REIT PLC 321,200,000 6.8
Real Estate Investment Trusts
( 35 companies)
44,358,940,000 63,114,224,000 13.8
(median)
12.2
(median)
22.9
(median)
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