I.m. Properties Limited
Activities of head offices · Solihull
ActiveUnited KingdomIncorporated 1997Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Group accounts
Net assets
—
Cash
—
Turnover
£175,511,000
Profit / loss
£1,495,000
Current assets
—
Creditors < 1 year
—
Equity
£550,110,000
Average employees
125
Balance-sheet trend
GBP · consolidatedFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Group · AI-read | 2024-12-31Group · AI-read |
|---|---|---|
| Balance sheet | ||
| Equity | £550,110,000 | £517,435,000 |
| Share capital | £500,000,000 | £58,000 |
| Retained earnings | £38,624,000 | £508,308,000 |
| Profit & loss | ||
| Turnover | £175,511,000 | £129,263,000 |
| Cost of sales | £131,516,000 | £86,145,000 |
| Gross profit | £43,995,000 | £43,118,000 |
| Administrative expenses | £20,312,000 | £28,601,000 |
| Other operating income | £1,695,000 | £6,402,000 |
| Operating profit | £24,856,000 | £25,731,000 |
| Interest receivable | £5,301,000 | £6,891,000 |
| Interest payable | £24,619,000 | £21,366,000 |
| Profit before tax | £5,538,000 | £11,256,000 |
| Tax | £4,043,000 | £2,854,000 |
| Profit / loss | £1,495,000 | £8,402,000 |
| Dividends | £467,249,159 | — |
| Operating costs | ||
| Depreciation | £62,000 | £22,000 |
| People & pay | ||
| Average employees | 125 | 126 |
| Directors' remuneration | £828,000 | £2,750,000 |
| Highest paid director | £494,000 | £2,166,000 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Clean (unmodified)
- Immediate parent
- IMG (UK) Holdings Limited
- Ultimate parent
- I.M. Properties Limited
- Ultimate controlling party
- Lord Edmiston
- Accounts
- FRS 102
- Approved
- 2026-06-26, signed by S H Moore
Turnover by segment (5)
- Rental and other income: 35,659 (000s) (2025-12-31)
- Commercial trading and development: 31,105 (000s) (2025-12-31)
- Residential trading and development: 108,747 (000s) (2025-12-31)
- United Kingdom: 125,938 (000s) (2025-12-31)
- Rest of the World: 49,573 (000s) (2025-12-31)
Related parties (6)
- Christian Vision · Registered charity formed by Lord Edmiston, his family and close associates, of which they are trustees · Management fees charged · £609,000
- Christian Vision · Registered charity formed by Lord Edmiston, his family and close associates, of which they are trustees · Amounts due from Christian Vision at year-end · £1,111,000
- Lord Edmiston · Ultimate controlling party · Unsecured US dollar denominated loan due to Lord Edmiston · £49,655,000
- IMG (UK) Holdings Limited · Immediate parent undertaking and controlling entity · Unsecured loan due from IMG (UK) Holdings Limited · £76,000,000
- IMG (UK) Holdings Limited · Immediate parent undertaking and controlling entity · Unsecured interest-free loan due from IMG (UK) Holdings Limited · £71,000,000
- IMG (UK) Holdings Ltd. · Immediate parent · Investment in IMP Investments Limited acquired from IMG (UK) Holdings Ltd.; balance remains outstanding · £60,001,000
Share classes (1)
- 500,000,000 Ordinary shares of £1 each of £1
Events after the year end (3)
- Post year end the group disposed of Spitfire Bespoke Homes at a market value on 10 March 2026; a gain on disposal of £5m will be recognised within other gains and losses in the 2026 accounts.
- Subsequent to the year end, Spitfire Bespoke Homes Limited and its direct subsidiary undertakings were acquired for a market value by IM Residential Holdings Limited.
- As part of the resulting group reorganisation, all intercompany loan balances due to I.M. Properties Limited and I.M. Group Ltd were fully repaid and IM Residential Holdings Limited subscribed for 100,000,000 £1 ordinary shares in Spitfire Bespoke Homes Limited.
Contingent liabilities (3)
- I.M. Properties Limited has entered into a guarantee in relation to a private rental scheme in Cardiff. The maximum contractual liability in relation to the guarantee is £54.2m; the guarantee remains in place until expiry.
- I.M. Properties Development Ltd has entered into a guarantee in relation to a bond facility that Spitfire Bespoke Homes Ltd have with their external bond provider, NHBC, of £7.3m should there be any default in contracted housing activity by Spitfire Bespoke Homes Ltd.
- I.M. Properties Limited and I M Property Investments (USA) LLC have entered into limited guarantees in relation to bank funding for a series of construction and development loans in the United States. At 31 December 2025 the combined maximum exposure of these guarantees is $61.4m.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
17 outstanding chargesFixed · created 2025-11-07
—
OutstandingFixed · created 2023-09-04
—
OutstandingFixed · created 2023-04-20
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OutstandingFixed · created 2022-11-17
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OutstandingFixed · created 2021-04-07
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OutstandingFixed · created 2021-04-07
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OutstandingFixed · created 2019-06-21
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OutstandingFixed · created 2019-06-21
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OutstandingFixed · created 2017-04-20
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OutstandingFixed · created 2017-04-20
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OutstandingFixed · created 2017-04-20
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OutstandingFixed · created 2017-04-20
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OutstandingFixed · created 2016-06-24
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OutstandingFixed · created 2016-05-09
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OutstandingFixed · created 2014-10-22
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OutstandingFixed · created 2013-05-01
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OutstandingUnknown · created 1998-06-17
All monies
OutstandingShow 9 satisfied / released
Fixed · created 2025-11-07 · satisfied 2026-05-28
—
SatisfiedFixed · created 2022-11-17 · satisfied 2026-05-28
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SatisfiedFixed · created 2020-03-31 · satisfied 2021-04-28
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SatisfiedFixed · created 2015-03-31 · satisfied 2018-01-25
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SatisfiedFixed · created 2015-03-31 · satisfied 2018-01-25
—
SatisfiedShares · created 2011-06-09 · satisfied 2013-05-04
All monies
SatisfiedShares · created 2009-07-15 · satisfied 2013-05-04
All monies
SatisfiedShares · created 2001-11-21 · satisfied 2007-06-02
All monies
SatisfiedAll Assets · created 2001-02-09 · satisfied 2009-07-21
ALL INDEBTEDNESS,LIABILITIES AND OBLIGAT IONS DUE,OWING OR INCURRED IN ANY MANNER WHATSOEVER FROM THE COMPANY (THE "CHARG OR") TO THE SECURITY BENEFICIARIES (AS D EFINED)
Satisfied