DEVELOP NORTH PLC
Company number 10395804 · Monitor this company
Executive summary
Develop North PLC is an active investment trust (formerly TOC Property Backed Lending Trust PLC) with a concentrated ownership structure under Tier One Capital Limited. Due to the absence of detailed financial statements in the provided data, a definitive credit decision is deferred; a conditional stance is adopted pending review of the full audited accounts and underlying loan portfolio performance. Key monitoring points include asset quality, filing compliance, and the financial health of the controlling PSC.
Overview
- Company type
- Public Limited Company
- Incorporated
- 2016-09-27
- Registered office
- The Key Bath Lane, Newcastle Helix, Newcastle Upon Tyne, England, NE4 5TQ
- Postcode
- NE4 5TQ
- Capital
- 279 GBP
- Accounts category
- Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-11-30
- Next due by
- 2027-05-31
- Financial year end
- 30 November
Confirmation statement
- Last statement dated
- 2026-09-26
- Next due by
- 2027-10-10
Nature of business (SIC)
- 64301 Activities of investment trusts
Officers 7 current · 5 resigned
Group structure 9 subsidiaries
-
RYKA DEVELOPMENTS LIMITED Dissolved
-
THURSBY HOMES (LOW FELL) LTD Dissolved
-
THURSBY HOMES (SPRINGS) LIMITED Active - Proposal to Strike off
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — ZC228715 (Tier 1), registered since 2026.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- developnorth.co.uk
- Phone
- 0191 222 0099
Explore property investment opportunities and development finance with Develop North, supporting real estate projects across the North East and beyond.
Previous company names
| Name | Date changed |
|---|---|
| TOC PROPERTY BACKED LENDING TRUST PLC | 2022-05-04 |
Among its peers
Among the oldest 25%
of 50 similar companies in NE, trading since 2016
The class of 2016
27%
of the 259 companies in this sector incorporated in 2016 are still active today; 69% have since been dissolved.
A fact about the year, not a forecast for this company.
This company's registered activities are in financial services. If it carries on regulated business, it should appear on the FCA's Financial Services Register — the official record of authorised firms.