TEXCEL DEVELOPMENTS LTD

Company number 01680383 ·

Active

Executive summary

Texcel Developments is a long-established, family-controlled property investment vehicle sitting in the conservative, asset-backed tail of SIC 68209: a £14.4m balance sheet, 59.5% equity funding and bank LTV of just 11% place it well inside sector norms on solvency but below them on returns, with an estimated 2.8% pre-tax return on assets reflecting a deliberately unlevered structure. Its legacy freehold industrial estate in the Kent/Thames Corridor aligns with the strongest-performing UK commercial sector, though flat valuations through a 20% market correction, thin cash of £239k against £1.09m of current liabilities, and unquantified MEES retrofit exposure are the principal watch points. Overall it reads as a resilient, income-focused micro-landlord rather than a market leader — structurally sound, competitively niche, and unlikely to be dislodged by rate-driven distress that is squeezing more aggressively geared peers.

Read the full AI analysis →

Shareholders' funds

£8,550,966

Balance sheet as at 2025-03-31

View full accounts →

What it does

other letting and operating of own or leased real estate

The company's own description, from its latest filed accounts.

Overview

Company type
Private Limited Company
Incorporated
1982-11-22
Employees
5 (2025 accounts)
Registered office
Parkside Works Thames Road, Crayford, Kent, DA1 4SB
Postcode
DA1 4SB
Capital
860 GBP
Accounts category
Total Exemption Full
Charges
1 outstanding

Accounts

Last made up to
2025-03-31
Next due by
2026-12-31
Financial year end
31 March

Confirmation statement

Last statement dated
2026-08-26
Next due by
2027-09-09
View filing history →

Nature of business (SIC)

  • 68209 Other letting and operating of own or leased real estate

Officers 2 current · 3 resigned

Subscribers only Director
Subscribers only Appointed 2004-08-01
Subscribers only Director

View all officers and resignations →

Group structure 1 subsidiary

Controlled by TEXCEL HOLDINGS LIMITED — since 2016-04-07

From persons-with-significant-control filings on the public register.

Previous company names

NameDate changed
T.T.S. (BUSINESS SYSTEMS) LIMITED1997-04-03
TEXCEL TELECOM SYSTEMS LIMITED1983-05-18

Previous registered addresses 5

AddressChanged on
PARKSIDE WORKS THAMES ROAD, CRAYFORD, DARTFORD, KENT, DA1 4SB, UNITED KINGDOM2009-01-06
THAMES ROAD, CRAYFORD, KENT, DA1 4SB2009-01-06
GISTERED OFFICE CHANGED ON 06/01/2009 FROM, THAMES ROAD, CRAYFORD, KENT, DA1 4SB2009-01-06
GISTERED OFFICE CHANGED ON 06/01/2009 FROM, PARKSIDE WORKS THAMES ROAD, CRAYFORD, DARTFORD, KENT, DA1 4SB, UNITED KINGDOM2009-01-06
62 GUILDFORD GROVE, GREENWICH, LONDON, SE10 8JT1997-03-12

Among its peers

Top 1%

by shareholders' funds, of 1,352 similar companies in DA

Among the biggest employers among its local peers (5 staff).

Among the oldest 25% of its local peers, trading since 1982.

No.5 of the largest other letting and operating of own or leased real estate companies in Dartford →

Competitors Dartford

This company ranks 5 among other letting and operating of own or leased real estate in Dartford.

Full league table →

The class of 1982

79%

of the 537 companies in this sector incorporated in 1982 are still active today; 20% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →

Property in England & Wales 12 titles

Freehold
8
Leasehold
4
Most recent registration
2024-12-17
Price paid, where recorded
£1,785,000
Where
Greater London (8), Kent (4)
Title numberCounty Tenure RegisteredPrice paid
SGL854882 Greater London Leasehold 2024-12-17 —
SGL385111 Greater London Freehold 2016-04-27 £700,000
SGL755027 Greater London Leasehold 2014-12-22 —
K594831 Kent Freehold 2013-01-03 —
TT116 Kent Leasehold 2012-07-19 —
TT123 Kent Leasehold 2012-07-19 —
K648230 Kent Freehold 2010-12-17 —
K213071 Greater London Freehold 2010-07-06 £135,000
SGL643199 Greater London Freehold 2003-03-14 —
SGL132175 Greater London Freehold 1998-12-03 —
SGL597078 Greater London Freehold 1997-11-28 —
TGL499954 Greater London Freehold — £950,000

For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).

Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.