Update - Elounda

[Napster]

Just doing some research - Elounda, who did have 2 charges from Topland Jupiter and Allied Commercial- have satisfied those charges.

But they now have two charges with CBRE Loans - taken in July 2022.

Elounda owns 4 different groups, including Roots Hall Ltd

Their latest accounts were made up to 2021, which cost £11k.

It's https://find-and-update.company-information.service.gov.uk/company/OC423607/filing-history

Talking about RH Ltd, they have satisfied all their charges, but a new one was taken out by CBRE Loans also back in July.

ROOTS HALL LIMITED filing history - Find and update company information - GOV.UK

ROOTS HALL LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

So, CBRE Loans are the new players in town.

According to their 2021 accounts (WMT, same as Elounda) - there was a £9m loan which caused the charge on Roots Hall.

My bet is that they consolidated the many charges on Elounda and Roots Hall Ltd into one big one (Roots Hall) and two alternative ones (Elounda) with CBRE Loans.

Now, Citizen Housing 1 - is listed as a dormant company
Citizen Housing Southend (Jack and Alex Dellal) - filed accounts for 2021 - £7m sitting on the balance sheet

CITIZEN HOUSING (SOUTHEND) LIMITED filing history - Find and update company information - GOV.UK

CITIZEN HOUSING (SOUTHEND) LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

Lenrose Housing and Lenrose Investments are quite small fry

 

[Jai]

Just doing some research - Elounda, who did have 2 charges from Topland Jupiter and Allied Commercial- have satisfied those charges.

But they now have two charges with CBRE Loans - taken in July 2022.

Elounda owns 4 different groups, including Roots Hall Ltd

Their latest accounts were made up to 2021, which cost £11k.

It's https://find-and-update.company-information.service.gov.uk/company/OC423607/filing-history

Talking about RH Ltd, they have satisfied all their charges, but a new one was taken out by CBRE Loans also back in July.

ROOTS HALL LIMITED filing history - Find and update company information - GOV.UK

ROOTS HALL LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

So, CBRE Loans are the new players in town.

According to their 2021 accounts (WMT, same as Elounda) - there was a £9m loan which caused the charge on Roots Hall.

My bet is that they consolidated the many charges on Elounda and Roots Hall Ltd into one big one (Roots Hall) and two alternative ones (Elounda) with CBRE Loans.

Now, Citizen Housing 1 - is listed as a dormant company
Citizen Housing Southend (Jack and Alex Dellal) - filed accounts for 2021 - £7m sitting on the balance sheet

CITIZEN HOUSING (SOUTHEND) LIMITED filing history - Find and update company information - GOV.UK

CITIZEN HOUSING (SOUTHEND) LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

Lenrose Housing and Lenrose Investments are quite small fry

Indeed, we mentioned this briefly in the fanzine in August. CBRE are quite large fry I suspect, but I bow to those with greater knowledge.

Does this provide a clue to the bridging finance do we think?

 

[Napster]

Indeed, we mentioned this briefly in the fanzine in August. CBRE are quite large fry I suspect, but I bow to those with greater knowledge.

Does this provide a clue to the bridging finance do we think?

Perhaps - CBRE are very large in commercial real estate - but I can't imagine they'd be happy to stump up more.

 

[thenobster]

What an absolute mess

 

[SuperBlue]

CBRE have a finance side of their business.

This is likely to be simple debt finance that replaced Topland and Allied commercial. CBRE are likely to be slightly cheaper and Topland and Allied who are more along the bridging finance side of things. (Have you used all 3 so well aware of them).

Can't read too much into it, other than the amount is very similar to the amount that was owed back to Sainsbury's in 2009.

In terms of balance sheet etc, wouldn't read too much into it. The valuations can vary and all depends what the charge is over. And you can only charge up to a certain percentage of value or future value anyway.

Maybe the company has been charged in order to fund the training ground development which in turn allows development on boots and laces which should in theory release more funds.

Training ground completion is of paramount importance to most likely release further funds relating to the development.

Looks like there aren't any other pieces of land owned by Mr Martin et al that can be charged to release immediate funds.

 

[Medway Blue]

CBRE have a finance side of their business.

This is likely to be simple debt finance that replaced Topland and Allied commercial. CBRE are likely to be slightly cheaper and Topland and Allied who are more along the bridging finance side of things. (Have you used all 3 so well aware of them).

Can't read too much into it, other than the amount is very similar to the amount that was owed back to Sainsbury's in 2009.

In terms of balance sheet etc, wouldn't read too much into it. The valuations can vary and all depends what the charge is over. And you can only charge up to a certain percentage of value or future value anyway.

Maybe the company has been charged in order to fund the training ground development which in turn allows development on boots and laces which should in theory release more funds.

Training ground completion is of paramount importance to most likely release further funds relating to the development.

Looks like there aren't any other pieces of land owned by Mr Martin et al that can be charged to release immediate funds.

Yep, which I alluded to earlier in the week. He's not a particularly successful or prolific property developer, so he has no real cashflow of his own and was always going to run out of land and developments that he could put charges on or mortgage to the hilt. He'd better hope he pulls this off in the next few months, because he (and by extension, SUFC) is teetering closer than ever to the brink.

 

[tallboyblue]

The silence from Ron is deafening . I just wonder and hope he is scrambling around trying to raise cash so he can announce he has come up with the goods and tell us there was no need for all this speculation.

 

[Chris Powell's mate]

The silence from Ron is deafening . I just wonder and hope he is scrambling around trying to raise cash so he can announce he has come up with the goods and tell us there was no need for all this speculation.

He really does have tin ears, doesn't he?
I suspect he holds fans in disdain, and doesn't feel they merit his time.
I met him a couple of times and he was charming, so I wonder why he's never upfront with news?
Perhaps he thinks: 'if I said I was trying to get a bridging loan', they would moan anyway.
But someone with half-decent PR savvy could easily put out truthful and informative statements without the flak.

 

[kentblues]

CRBE as has been said consolidated a number of various different charges, and they are a big player- maybe they are involved in financing the wider project maybe not. The problem here is none of us in reality has any real idea of the finances behind FF & RH developments and how during the build phases it generates working capital for the club.

Because I'm up to my eyes with my own stuff at the moment I haven't the time or inclination to dig deep on this. For example, I made the assumption that Ron owned Fossets, and that it was worth X pre-planning and now its worth many times X post planning. And surely that creates collateral of some sort...

But on closer inspection it appears neither he or his companies now own the land at Fossetts?

https://www.shrimperzone.com/forums/attachments/fossetts-land-png.20433/

Has he sold the land to these parties with payments due as the value of the land increases with planning and spades in the ground. The owners of the land then sell to the developers (not sure about all the housing built on the land apparently owned by SBC). So its a bridging loan (as its against contractual payments due) rather than a loan against land as collateral.

In which case is the delay actually the amended planning as much as the training pitches as its beginning the next stadium/housing phase that frees up a significant payment?

All as much a question as an answer as I'm speculating- can anyone clear it up?

BTW I am assuming the land ownership map is showing as it is now rather than as it will be (i.e. Ron companies don't now own the land and will sell to each party as we move through the phases of development?)

 

[flangejackrabbit]

I think Tribeca is or has been a Ron co?

 

[kentblues]

I think Tribeca is or has been a Ron co?

Not according to companies house?
A Ciaran Little is the sole director

TRIBECA LAND LIMITED overview - Find and update company information - GOV.UK

TRIBECA LAND LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

Unless there is another Tribeca Land

 

[Barry.C]

Is this the same CBRE?!

CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm, with 2020 revenues of $23.8 billion and more than 100,000 employees (excluding affiliate offices).

CBRE has been included on the Fortune 500 since 2008, ranking #122 in 2021. It also has been voted the industry’s top brand by the Lipsey Company for 20 consecutive years, and has been named one of Fortune’s “Most Admired Companies” for nine years in a row, including being ranked number one in the real estate sector in 2021, for the third consecutive year.

Its shares trade on the New York Stock Exchange under the symbol “CBRE.”

 

[The Big Dady]

I think Tribeca is or has been a Ron co?

Both Ron's Triberca companies Tribeca Southend Hotel Propco Limited and Tribeca Southend opco Limited were dissolved back in 2020

TRIBECA SOUTHEND HOTEL OPCO LIMITED overview - Find and update company information - GOV.UK

TRIBECA SOUTHEND HOTEL OPCO LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

TRIBECA SOUTHEND HOTEL PROPCO LIMITED overview - Find and update company information - GOV.UK

TRIBECA SOUTHEND HOTEL PROPCO LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

Good luck unraveling this lot.

 

[The Big Dady]

All Ron Martin’s companies (Current/Dissolved/Resigned)

TRIBECA SOUTHEND HOTEL PROPCO LIMITED Company status: Dissolved - Dissolved on 6th October 2020

TRIBECA SOUTHEND HOTEL PROPCO LIMITED overview - Find and update company information - GOV.UK

TRIBECA SOUTHEND HOTEL PROPCO LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

TRIBECA SOUTHEND HOTEL OPCO LIMITED Company status: Dissolved - Dissolved on 6th October 2020

TRIBECA SOUTHEND HOTEL OPCO LIMITED overview - Find and update company information - GOV.UK

TRIBECA SOUTHEND HOTEL OPCO LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

MARTIN DAWN (CHELTENHAM) LIMITED Accounts Overdue, Compulsory strike-off action has been discontinued 14th Apr 2022

https://find-and-update.company-information.service.gov.uk/company/08800731

MARTIN DAWN (LECKHAMPTON) LIMITED Accounts Overdue - Company status: Active - Active proposal to strike off 1st Nov 2022

https://find-and-update.company-information.service.gov.uk/company/08623031

HARTLANDS (THUNDERSLEY) LIMITED Company status: Dissolved - Dissolved on 28th June 2022

HARTLANDS (THUNDERSLEY) LIMITED overview - Find and update company information - GOV.UK

HARTLANDS (THUNDERSLEY) LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

SOCCER STADIUM PLC Company status: Active - Dormant Company

SOCCER STADIUM PLC overview - Find and update company information - GOV.UK

SOCCER STADIUM PLC - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

MD AIRWAYS LLP Company status: Active - Dormant Company

https://find-and-update.company-information.service.gov.uk/company/OC328162

MARTIN DAWN (THUNDERSLEY) LIMITED Company status: Dissolved - Dissolved on 28th June 2022

https://find-and-update.company-information.service.gov.uk/company/06219429

SPEED 9236 LIMITED Company status: Active - Dormant Company

SPEED 9236 LIMITED overview - Find and update company information - GOV.UK

SPEED 9236 LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

HILLPAD LIMITED Company status: Dissolved - Dissolved on 17th May 2022

https://find-and-update.company-information.service.gov.uk/company/04079072

SOUTHEND UNITED FOOTBALL CLUB LIMITED(THE) Accounts Overdue - Winding up order 9th Nov 2022 by HRMC adjourned for 56 days

https://find-and-update.company-information.service.gov.uk/company/00089767

SOUTH EASTERN LEISURE UK LIMITED Accounts Overdue, Company status: Active - Active proposal to strike off - Compulsory strike-off action has been suspended 15th Nov 2022

SOUTH EASTERN LEISURE UK LIMITED overview - Find and update company information - GOV.UK

SOUTH EASTERN LEISURE UK LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

MARTIN DAWN (PLYMOUTH) LIMITED Confirmation statement overdue Company status: Active Active proposal to strike off, Voluntary strike-off action has been suspended 12th Apr 2022

https://find-and-update.company-information.service.gov.uk/company/03164234

ALLIED COAL LIMITED Company status: Active - Dormant Company

ALLIED COAL LIMITED overview - Find and update company information - GOV.UK

ALLIED COAL LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

MARTIN DAWN (E.A.) LIMITED Company status: Active - Active proposal to strike off, Voluntary strike-off action has been suspended, 12th Apr 2022

https://find-and-update.company-information.service.gov.uk/company/02984428

MARTIN DAWN PLC Accounts Overdue, Company status: Active - Active proposal to strike off 8th Nov 2022

https://find-and-update.company-information.service.gov.uk/company/01767042

R. MARTIN DEVELOPMENTS LIMITED Company Status: Active - Dormant Company

https://find-and-update.company-information.service.gov.uk/company/01225975

ROOTS HALL LIMITED Company Status: Active - Ron Martin resigned as Director 14th Mar 2022

https://find-and-update.company-inf...y-information.service.gov.uk/company/12172474

ELOUNDA LLP LIMITED Company Status: Active - Ron Martin resigned as Director 25th Feb 2022

https://find-and-update.company-information.service.gov.uk/company/OC423607

SPEED 9236 LIMITED Company Status: Active - Dormant Company - Ron Martin resigned as Director 1st July 2015

SPEED 9236 LIMITED overview - Find and update company information - GOV.UK

SPEED 9236 LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

FOOTBALL LEAGUE LIMITED(THE) Company status: Active - Ron Martin resigned as Director 6th July 2005

FOOTBALL LEAGUE LIMITED(THE) overview - Find and update company information - GOV.UK

FOOTBALL LEAGUE LIMITED(THE) - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

CRESCENT MANAGEMENT (BILLERICAY) LIMITED Company status: Active – Ron Martin resigned as Director 1st July 1998

CRESCENT MANAGEMENT (BILLERICAY) LIMITED overview - Find and update company information - GOV.UK

CRESCENT MANAGEMENT (BILLERICAY) LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

 

[Strykr]

Lot of fingers in a lot of empty pies...

 

[Barry.C]

All Ron’s companies (Current/Dissolved/Resigned)

TRIBECA SOUTHEND HOTEL PROPCO LIMITED Company status: Dissolved - Dissolved on 6th October 2020

TRIBECA SOUTHEND HOTEL PROPCO LIMITED overview - Find and update company information - GOV.UK

TRIBECA SOUTHEND HOTEL PROPCO LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

TRIBECA SOUTHEND HOTEL OPCO LIMITED Company status: Dissolved - Dissolved on 6th October 2020

TRIBECA SOUTHEND HOTEL OPCO LIMITED overview - Find and update company information - GOV.UK

TRIBECA SOUTHEND HOTEL OPCO LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

MARTIN DAWN (CHELTENHAM) LIMITED Accounts Overdue, Compulsory strike-off action has been discontinued 14th Apr 2022

https://find-and-update.company-information.service.gov.uk/company/08800731

MARTIN DAWN (LECKHAMPTON) LIMITED Accounts Overdue - Company status: Active - Active proposal to strike off 1st Nov 2022

https://find-and-update.company-information.service.gov.uk/company/08623031

HARTLANDS (THUNDERSLEY) LIMITED Company status: Dissolved - Dissolved on 28th June 2022

HARTLANDS (THUNDERSLEY) LIMITED overview - Find and update company information - GOV.UK

HARTLANDS (THUNDERSLEY) LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

SOCCER STADIUM PLC Company status: Active - Dormant Company

SOCCER STADIUM PLC overview - Find and update company information - GOV.UK

SOCCER STADIUM PLC - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

MD AIRWAYS LLP Company status: Active - Dormant Company

https://find-and-update.company-information.service.gov.uk/company/OC328162

MARTIN DAWN (THUNDERSLEY) LIMITED Company status: Dissolved - Dissolved on 28th June 2022

https://find-and-update.company-information.service.gov.uk/company/06219429

SPEED 9236 LIMITED Company status: Active - Dormant Company

SPEED 9236 LIMITED overview - Find and update company information - GOV.UK

SPEED 9236 LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

HILLPAD LIMITED Company status: Dissolved - Dissolved on 17th May 2022

https://find-and-update.company-information.service.gov.uk/company/04079072

SOUTHEND UNITED FOOTBALL CLUB LIMITED(THE) Accounts Overdue - Winding up order by HRMC adjourned for 56 days

https://find-and-update.company-information.service.gov.uk/company/00089767

SOUTH EASTERN LEISURE UK LIMITED Accounts Overdue, Company status: Active - Active proposal to strike off - Compulsory strike-off action has been suspended 15th Nov 2022

SOUTH EASTERN LEISURE UK LIMITED overview - Find and update company information - GOV.UK

SOUTH EASTERN LEISURE UK LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

MARTIN DAWN (PLYMOUTH) LIMITED Confirmation statement overdue Company status: Active Active proposal to strike off, Voluntary strike-off action has been suspended 12th Apr 2022

https://find-and-update.company-information.service.gov.uk/company/03164234

ALLIED COAL LIMITED Company status: Active - Dormant Company

ALLIED COAL LIMITED overview - Find and update company information - GOV.UK

ALLIED COAL LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

MARTIN DAWN (E.A.) LIMITED Company status: Active - Active proposal to strike off, Voluntary strike-off action has been suspended, 12th Apr 2022

https://find-and-update.company-information.service.gov.uk/company/02984428

MARTIN DAWN PLC Accounts Overdue, Company status: Active - Active proposal to strike off

https://find-and-update.company-information.service.gov.uk/company/01767042

R. MARTIN DEVELOPMENTS LIMITED Company Statu: Active - Dormant Company

https://find-and-update.company-information.service.gov.uk/company/01225975

ROOTS HALL LIMITED Company Status: Active - Ron Martin resigned as Director 14th Mar 2022

https://find-and-update.company-inf...y-information.service.gov.uk/company/12172474

ELOUNDA LLP LIMITED Company Status: Active - Ron Martin resigned as Director 25th Feb 2022

https://find-and-update.company-information.service.gov.uk/company/OC423607

SPEED 9236 LIMITED Company Status: Active - Dormant Company - Ron Martin resigned as Director 1st July 2015

SPEED 9236 LIMITED overview - Find and update company information - GOV.UK

SPEED 9236 LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

FOOTBALL LEAGUE LIMITED(THE) Company status: Active - Ron Martin resigned as Director 6th July 2005

FOOTBALL LEAGUE LIMITED(THE) overview - Find and update company information - GOV.UK

FOOTBALL LEAGUE LIMITED(THE) - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

CRESCENT MANAGEMENT (BILLERICAY) LIMITED Company status: Active – Ron Martin resigned as Director 1st July 1998

CRESCENT MANAGEMENT (BILLERICAY) LIMITED overview - Find and update company information - GOV.UK

CRESCENT MANAGEMENT (BILLERICAY) LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

This tells you everything you need to know about Ron !!

 

[Strykr]

This tells you everything you need to know about Ron !!

The coal company and the airline told me more. Hes like an incredibly poor mans richard branson.

 

[Hadleigh-shrimper]

Just doing some research - Elounda, who did have 2 charges from Topland Jupiter and Allied Commercial- have satisfied those charges.

But they now have two charges with CBRE Loans - taken in July 2022.

Elounda owns 4 different groups, including Roots Hall Ltd

Their latest accounts were made up to 2021, which cost £11k.

It's https://find-and-update.company-information.service.gov.uk/company/OC423607/filing-history

Talking about RH Ltd, they have satisfied all their charges, but a new one was taken out by CBRE Loans also back in July.

ROOTS HALL LIMITED filing history - Find and update company information - GOV.UK

ROOTS HALL LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

So, CBRE Loans are the new players in town.

According to their 2021 accounts (WMT, same as Elounda) - there was a £9m loan which caused the charge on Roots Hall.

My bet is that they consolidated the many charges on Elounda and Roots Hall Ltd into one big one (Roots Hall) and two alternative ones (Elounda) with CBRE Loans.

Now, Citizen Housing 1 - is listed as a dormant company
Citizen Housing Southend (Jack and Alex Dellal) - filed accounts for 2021 - £7m sitting on the balance sheet

CITIZEN HOUSING (SOUTHEND) LIMITED filing history - Find and update company information - GOV.UK

CITIZEN HOUSING (SOUTHEND) LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

Lenrose Housing and Lenrose Investments are quite small fry

Someone explain in English?

 

[The Big Dady]

Just doing some research - Elounda, who did have 2 charges from Topland Jupiter and Allied Commercial- have satisfied those charges.

But they now have two charges with CBRE Loans - taken in July 2022.

Elounda owns 4 different groups, including Roots Hall Ltd

Their latest accounts were made up to 2021, which cost £11k.

It's https://find-and-update.company-information.service.gov.uk/company/OC423607/filing-history

Talking about RH Ltd, they have satisfied all their charges, but a new one was taken out by CBRE Loans also back in July.

ROOTS HALL LIMITED filing history - Find and update company information - GOV.UK

ROOTS HALL LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

So, CBRE Loans are the new players in town.

According to their 2021 accounts (WMT, same as Elounda) - there was a £9m loan which caused the charge on Roots Hall.

My bet is that they consolidated the many charges on Elounda and Roots Hall Ltd into one big one (Roots Hall) and two alternative ones (Elounda) with CBRE Loans.

Now, Citizen Housing 1 - is listed as a dormant company
Citizen Housing Southend (Jack and Alex Dellal) - filed accounts for 2021 - £7m sitting on the balance sheet

CITIZEN HOUSING (SOUTHEND) LIMITED filing history - Find and update company information - GOV.UK

CITIZEN HOUSING (SOUTHEND) LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

Lenrose Housing and Lenrose Investments are quite small fry

Interesting that the Registration of Charge dated 22nd July 2022 includes a debenture taken out by Roots Hall Limited (Signed by Jack Martin) with CBRE Loan Services Limited which includes the following freehold property/land:-

​

 

[Mad Cyril]

Just doing some research - Elounda, who did have 2 charges from Topland Jupiter and Allied Commercial- have satisfied those charges.

But they now have two charges with CBRE Loans - taken in July 2022.

Elounda owns 4 different groups, including Roots Hall Ltd

Their latest accounts were made up to 2021, which cost £11k.

It's https://find-and-update.company-information.service.gov.uk/company/OC423607/filing-history

Talking about RH Ltd, they have satisfied all their charges, but a new one was taken out by CBRE Loans also back in July.

ROOTS HALL LIMITED filing history - Find and update company information - GOV.UK

ROOTS HALL LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

So, CBRE Loans are the new players in town.

According to their 2021 accounts (WMT, same as Elounda) - there was a £9m loan which caused the charge on Roots Hall.

My bet is that they consolidated the many charges on Elounda and Roots Hall Ltd into one big one (Roots Hall) and two alternative ones (Elounda) with CBRE Loans.

Now, Citizen Housing 1 - is listed as a dormant company
Citizen Housing Southend (Jack and Alex Dellal) - filed accounts for 2021 - £7m sitting on the balance sheet

CITIZEN HOUSING (SOUTHEND) LIMITED filing history - Find and update company information - GOV.UK

CITIZEN HOUSING (SOUTHEND) LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

find-and-update.company-information.service.gov.uk

Lenrose Housing and Lenrose Investments are quite small fry

If you consolidate your loans into one does that mean you only get one leg broken if you default?