VALUE AND INDEXED PROPERTY INCOME TRUST PLC
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Cash
£2.7m
lowest in 4 filed years
Net assets
£85m
lowest in 4 filed years
Employees
—
Average over period
Profit before tax
£4.8m
Period ending 2026-03-31
Net assets
4-year trend · vs Financials median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | £4,226,000 | £9,406,000 | £4,327,000 | £8,807,000 | — | |
| Operating profit | — | £9,074,000 | — | £7,235,000 | — | |
| Profit before tax | £3,466,000 | £8,336,000 | £1,755,000 | £4,774,000 | — | |
| Net profit | £2,424,000 | £6,060,000 | £1,755,000 | £4,553,000 | — | |
| Cash | £8,326,000 | £4,259,000 | £6,305,000 | £2,681,000 | — | |
| Total assets less current liabilities | £154,207,000 | £139,235,000 | £138,075,000 | £134,044,000 | — | |
| Net assets | £90,266,000 | £90,211,000 | £89,024,000 | £84,957,000 | — | |
| Equity | £90,266,000 | £90,211,000 | £89,024,000 | £84,957,000 | — | |
| Average employees | — | — | — | — | — | |
| Wages | — | — | — | — | — | |
| Directors' remuneration | — | £88,995 | — | £68,500 | — |
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 —. Year-on-year comparison hidden: this filing covers about 12 months versus 6 months prior. 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 | 2026-03-31 |
|---|---|---|---|---|---|
| Operating margin | — | 96.5% | — | 82.2% | |
| Net margin | 57.4% | 64.4% | 40.6% | 51.7% | |
| Return on capital employed | — | 6.5% | — | 5.4% | |
| Gearing (liabilities / total assets) | 42.9% | 40.3% | 36.8% | 37.9% | |
| Current ratio | 2.84x | 0.43x | 3.23x | 1.33x | |
| Interest cover | — | 3.32x | — | 2.84x |
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.
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
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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 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.”
Significant events
- “Following a commitment by the Directors to provide an exit opportunity to Shareholders, on 2 September 2025, the Company offered Shareholders cash to buy by way of a Tender Offer, together with an opportunity to buy more shares in the Company by way of a Mix and Match Facility and Treasury Issuance.”
- “The Tender Offer closed on 26 September 2025, and in the year to 31 March 2026, the Company bought back and held in treasury 1,932,331 shares.”
- “One purchase for £3.0 million and five sales for £16.0 million completed over the year.”
- “The portfolio has been further upgraded and its weighted average unexpired lease term improved with the sale of five properties.”
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 528 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-07-24 RESOLUTIONS Resolution
- 2025-10-06 MA Memorandum articles
- 2025-10-06 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-24 | AA | accounts | Accounts with accounts type group | |
| 2026-07-24 | RESOLUTIONS | resolution | Resolution | |
| 2026-07-06 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2026-06-24 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 6
- 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.