TOWN CENTRE SECURITIES PLC
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Cash
£18M
-18.9% vs 2024
Net assets
£112M
-4.4% vs 2024
Employees
155
+3.3% vs 2024
Profit before tax
-£1.1M
+90.5% vs 2024
Net assets
2-year trend · vs Real Estate median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-06-30
| Metric | Trend | 2024-06-30 | 2025-06-30 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £31,968,000 | £32,692,000 | +2.3% | |
| Operating profit | -£3,975,000 | -£1,340,000 | +66.3% | |
| Profit before tax | -£11,157,000 | -£1,065,000 | +90.5% | |
| Net profit | -£7,838,000 | -£3,446,000 | +56% | |
| Cash | £22,192,000 | £17,990,000 | -18.9% | |
| Total assets less current liabilities | £258,390,000 | £239,207,000 | -7.4% | |
| Net assets | £117,444,000 | £112,302,000 | -4.4% | |
| Equity | £117,444,000 | £112,302,000 | -4.4% | |
| Average employees | 150 | 155 | +3.3% | |
| Wages | £6,417,000 | £6,993,000 | +9% | |
| Directors' remuneration | £1,906,000 | £2,301,000 | +20.7% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Operating margin | -12.4% | -4.1% | |
| Net margin | -24.5% | -10.5% | |
| Return on capital employed | -1.5% | -0.6% | |
| Gearing (liabilities / total assets) | 60.1% | 60.1% | |
| Current ratio | 0.82x | 0.52x | |
| Interest cover | -0.54x | -0.18x |
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
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Board is mindful that in considering the going concern basis of accounting for the three years ending 30 June 2028, it has prepared a robust analysis of forecast cash flows, with due consideration to the current macroeconomic climate. We have modelled scenarios for increased interest rates and further asset valuation movements. Based on this, the Board believes that the Group will be able to continue to operate as a going concern for at least twelve months from the date of approval of these financial statements.”
Group structure
- TOWN CENTRE SECURITIES PLC · parent
- TCS Holdings Limited
- Buckley Properties (Leeds) Limited
- TCS Freedhold Investments Limited
- Merrion House LLP 50%
- TCS Property Management Limited
- TCS (Merrion Hotel) Limited
- TCS (Tariff Street) Limited
- TCS Development Management (Merrion) Limited
- Citipark Limited
- TCS (Residential Conversions) Limited
- TCS (Clarence Dock) Limited
- Belgravia Living (Burlington House) Limited
- TCS (Botwell Street) Limited
- Dundonald Property Developments Limited
- TCS (9 Cheapside) Limited
- TCS (Mill Hill) Limited
- TCS Energy Limited
- Citiflex plc
- Riverside (Leeds) Limited
- Bay Sentry Limited
Significant events
- “Through the acquisition and active management of property in popular locations we create quality spaces for our tenants, help communities to thrive and generate value for Shareholders over the long term.”
- “This has been a year of continued resilience for Town Centre Securities.”
- “Progressing the development sites and investing in additional accretive property and technological opportunities.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 30 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| EVANS, Thomas Charles | Secretary | 2021-09-01 | — | — |
| BURROW, Craig Stephen | Director | 2023-01-01 | May 1979 | British |
| HUBERMAN, Paul Laurence | Director | 2015-01-01 | Jun 1961 | British |
| MACNEILL, Stewart | Director | 2021-06-01 | Apr 1974 | British |
| MARCUS, Ian | Director | 2015-01-01 | Jan 1959 | British |
| ZIFF, Benjamin | Director | 2015-09-17 | Dec 1986 | British |
| ZIFF, Edward Max | Director | — | Apr 1960 | British |
| ZIFF, Michael Anthony | Director | 2004-07-15 | Jun 1953 | British |
Show 30 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BELL, Norman William | Secretary | — | 1996-07-23 |
| KELLY, Christopher John | Secretary | 2011-02-01 | 2014-04-11 |
| MCGOOKIN, Ann Elizabeth | Secretary | 2009-06-22 | 2011-02-01 |
| PRIOR, Karen Lesley | Secretary | 2006-10-01 | 2009-04-30 |
| PRIOR, Karen Lesley | Secretary | 1996-07-23 | 2002-03-28 |
| SUTCLIFFE, John Trevor | Secretary | 2002-03-28 | 2006-09-29 |
| SYERS, Duncan Sinclair | Secretary | 2014-04-11 | 2017-09-13 |
| LINK COMPANY MATTERS LIMITED | Corporate Secretary | 2018-01-01 | 2021-08-31 |
| ATTRILL, Kenneth William | Director | — | 1995-04-03 |
| BIGLEY, Robert Hilton | Director | 2005-12-05 | 2009-11-30 |
| BLACKBURN, Jeffrey Michael | Director | 1999-01-15 | 2002-12-11 |
| COLLINS, Jeremy David Marven | Director | 2018-02-01 | 2024-06-30 |
| COX, George Harrison | Director | — | 1998-09-18 |
| CRAWFORD, Timothy James | Director | 1996-05-01 | 2008-07-24 |
| DILLEY, Mark John | Director | 2017-07-10 | 2021-02-28 |
| KELLY, Christopher John | Director | 2010-04-12 | 2014-04-11 |
| LEADBEATER, John Kenneth | Director | — | 2001-02-01 |
| LEWIS, Clive Hewitt | Director | 1994-07-01 | 2009-06-30 |
| LEWIS, Richard Anthony | Director | 2001-02-01 | 2018-11-20 |
| NETTLETON, John Andrew | Director | 2004-07-01 | 2017-11-28 |
| PRIOR, Karen Lesley | Director | 2006-10-01 | 2008-10-01 |
| SHILLAW, Lynda Margaret | Director | 2018-11-20 | 2020-08-07 |
| SMITH, Robin Anthony | Director | 1999-07-06 | 2009-04-23 |
| STANTON, Howard Terence | Director | 2009-04-23 | 2015-04-30 |
| SUTCLIFFE, John Trevor | Director | 2002-05-20 | 2006-09-29 |
| SYERS, Duncan Sinclair | Director | 2014-04-07 | 2017-09-05 |
| SYERS, Duncan Sinclair | Director | 1993-07-01 | 2002-03-06 |
| WARRINGTON, Peter Edward | Director | — | 1991-12-31 |
| WHITEHEAD, David Cecil | Director | — | 1997-12-17 |
| ZIFF, Israel Arnold | Director | — | 2004-07-15 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 760 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-19 | CH01 | officers | Change person director company with change date | |
| 2026-03-19 | CH01 | officers | Change person director company with change date | |
| 2026-01-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-12-29 | AUD | auditors | Auditors resignation company | |
| 2025-12-04 | AA | accounts | Accounts with accounts type group | |
| 2025-04-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-05 | AA | accounts | Accounts with accounts type group | |
| 2024-10-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-01-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-21 | AA | accounts | Accounts with accounts type group | |
| 2023-09-09 | MR05 | mortgage | Mortgage charge part release with charge number | |
| 2023-07-14 | MR05 | mortgage | Mortgage charge part release with charge number | |
| 2023-07-14 | MR05 | mortgage | Mortgage charge part release with charge number | |
| 2023-07-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-07-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-07-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-07-14 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- 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.