TROIKA DEVELOPMENTS LIMITED
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Cash
£6.3M
-24.6% vs 2023
Net assets
£33M
+17.4% highest in 3 filed years
Employees
10
0% vs 2023
Profit before tax
£6.4M
+168.8% vs 2023
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | £3,645,874 | £3,763,644 | +3.2% | |
| Operating profit | — | £1,892,381 | £1,615,768 | -14.6% | |
| Profit before tax | — | -£9,291,457 | £6,391,620 | +168.8% | |
| Net profit | £283,512 | -£8,180,059 | £5,986,456 | +173.2% | |
| Cash | £2,189,541 | £8,323,924 | £6,272,445 | -24.6% | |
| Total assets less current liabilities | £33,312,903 | £30,294,512 | £61,399,743 | +102.7% | |
| Net assets | £19,005,552 | £28,175,171 | £33,091,627 | +17.4% | |
| Equity | — | £28,175,171 | £33,091,627 | +17.4% | |
| Average employees | 10 | 10 | 10 | 0% | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | £820,211 | £990,245 | +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 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | 51.9% | 42.9% | |
| Net margin | — | — | 159.1% | |
| Return on capital employed | — | 6.2% | 2.6% | |
| Current ratio | — | 0.43x | 4.70x | |
| Interest cover | — | 0.97x | 0.79x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- TROIKA DEVELOPMENTS LIMITED 1983-09-19 → present
- TROIKA DEVELOPMENTS (PARKSTONE) LIMITED 1970-11-19 → 1983-09-19
Audit & accounting basis
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Consolidated group
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- TROIKA DEVELOPMENTS LIMITED · parent
- Corbiere Properties LLP 100%
- Troika Eastleigh Properties Limited 100%
- Troika Estates Limited 100%
- Troika Project Management Limited 100%
- Troika Properties Limited 100%
- Troika Property Holdings Limited 100%
- Winchester Place (Management) Limited 100%
Significant events
- “In March 2025, the group sold an investment property for £11,000,000. The disposal proceeds reflect the carrying value of the property as at the balance sheet date.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WHITE, Ben | Secretary | 2013-08-30 | — | — |
| MCKAY, Keith Bruce | Director | 2013-08-16 | Apr 1956 | British |
| WALTERS, Nigel Ashley | Director | — | Sep 1953 | British |
| WHITE, Ben | Director | 2016-07-07 | Feb 1985 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANGEL, Timothy George | Secretary | — | 2005-04-15 |
| GERRISH, Stuart | Secretary | 2005-04-15 | 2013-08-30 |
| ANGEL, Timothy George | Director | 2001-07-27 | 2001-08-01 |
| ANGEL, Timothy George | Director | — | 1998-01-23 |
| GERRISH, Stuart | Director | 2006-05-22 | 2013-08-30 |
| MILLS, Julian Cecil Somerville | Director | — | 1993-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Nigel Ashley Walters | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 189 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-23 | AA | accounts | Accounts with accounts type group | |
| 2025-02-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-27 | AA | accounts | Accounts with accounts type group | |
| 2024-09-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-03-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-04 | CH01 | officers | Change person director company with change date | |
| 2023-08-11 | AA | accounts | Accounts with accounts type group | |
| 2023-02-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-26 | AA | accounts | Accounts with accounts type group | |
| 2022-03-23 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-03-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-13 | AA | accounts | Accounts with accounts type group | |
| 2021-02-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-04-08 | AA | accounts | Accounts with accounts type group | |
| 2020-02-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-08-22 | AA | accounts | Accounts with accounts type group | |
| 2019-03-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2019-03-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2019-03-28 | MR04 | mortgage | Mortgage satisfy charge full |
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.