Highlights
To read this Financial Report, please click on the image.
Highlights
To read this Financial Report, please click on the image.
During the year under review, the Company purchased properties in Oldham, Wigan, Leicester, Chesterfield, Northampton, Bolton, Middlesbrough and Warrington for a total of £32,952,499. This has had the effect of lifting the total passing rent of the portfolio to…
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The Year 2018 report that revenue for the year has increased to £3,515,088 from £2,632,219 in 2017. Although profit before tax has dropped from £1,122,317 in 2017 to £214,141 in the current year, the KPI report shows that the profit earned by the business before non-recurring income and overheads increased from £839,198 in 2017 to a current year value of £1,054,510…
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I am pleased to report that Ace Liberty & Stone plc continues to make good progress and is active in the commercial property market. At 30 April 2017 the Group’s portfolio was valued at £38,979,308 compared to £29,488,428 a year earlier. During the year ended 30 April 2017, Ace purchased 1 – 5 Upper Market Square, Hanley for £9,000,000 and Grosvenor Casino, Manchester for £4,000,000. These properties are featured on the inside front cover of this report…
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The year has seen several notable achievements. The sale of Hume House has been agreed at £3,550,000 for completion in December 2016, having been purchased for £1,670,000 in March 2014. The Group’s property holdings have grown during the year from £23,964,428 to £29,488,428 and the Group also managed a very successful fundraising from existing shareholders (which was handsomely over-subscribed) of £3,500,000 in February, providing funds for the – post year-end – purchase of 1–5 Upper Market Square, Hanley valued at £9,000,000. This will take our portfolio to almost £40,000,000 by the date of the AGM…
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The year has seen several notable achievements. The sale of Hume House has been agreed at £3,550,000 for completion in December 2016, having been purchased for £1,670,000 in March 2014. The Group’s property holdings have grown during the year from £23,964,428 to £29,488,428 and the Group also managed a very successful fundraising from existing shareholders (which was handsomely over-subscribed) of £3,500,000 in February, providing funds for the – post year-end – purchase of 1–5 Upper Market Square, Hanley valued at £9,000,000. This will take our portfolio to almost £40,000,000 by the date of the AGM. To put this in context…
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