Third Sector Property Limited

Third Sector Property Ltd, based in London, UK, is a small holding company with an active status, established sixteen years ago. The company employs sixteen people and holds assets totaling £5,242,976. It operates from a virtual address, a detail flagged by the presence of 2360 other companies registered at the same location. Two directors and one owner (though the list of owners changed nine years ago, and it’s not exhaustive) manage the business. The company regularly imports furniture, lighting, and prefabricated buildings, with seven months of import activity recorded, the last in February 2024.

The company’s website describes Third Sector Property as a professional property management organisation connecting third sector organisations with commercial property. It assists landlords and offers consultancy services, focusing on vacant space and providing solutions for charities and social enterprises. The site highlights a commitment to sustainability and creating shared value between businesses and charities. Over 1.8 million square feet is currently let to charities the company has introduced, and the organisation boasts experience in both property management and the third sector. It operates as a nonprofit, prioritizing stakeholder needs over shareholder profit.

Financially, Third Sector Property Ltd presents a mixed picture. Creditors remain stable at £4.9 million, but bank borrowings have decreased significantly, dropping 80% to £35,000. Cash reserves have also decreased, falling 0.69% to £4.8 million. Trade debtors have increased by 32%, suggesting a possible need to manage customer payments more effectively. Equity has increased dramatically, jumping 380% to £230,000. Despite these fluctuations, the company’s small size (meeting two of three criteria for being a small company) allows for agility. The lack of an auditor mentioned likely stems from its exemption as a small company, relying on unaudited statements.

Overall, Third Sector Property Ltd appears to be navigating a period of change, with a focus on stakeholder needs and a commitment to social impact. While the financial figures show some volatility, the company’s unique business model and dedication to the third sector suggest a resilient and purpose-driven organisation.

Registered in England/Wales under the registration number 06807280, with a registered address at W1W 6XH, United Kingdom, London, 101 New Cavendish Street, 1st Floor South.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.