TERRACE SP LP LIMITED - Profile & Financials

Accounts Submitted 6 Aug 2025

Confirmation Statement Submitted 27 Jan 2025

Net assets £-157.31M £1376.61M 2024 year on year

Total assets £16.97M £1831.17M 2024 year on year

Total Liabilities £174.28M £454.56M 2024 year on year

Charges 2

2 outstanding

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Contact & Details

Contact

Update Details

Registered Address

Level 16 5 Aldermanbury Square London EC2V 7HR United Kingdom

Credit Report

Discover TERRACE SP LP LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

N/A

Net Assets

-£157.31M

Decreased by £1376.61M (-113%)

Total Liabilities

£174.28M

Decreased by £454.56M (-72%)

Turnover

N/A

Employees

N/A

Debt Ratio

1027%

Increased by 993 (+2921%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2023 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

6 active 17 resigned

Show resigned officers

						Status
Aaron Jon Burns	Secretary	Unknown	Unknown	—	1 Jan 2015	Active
Adam Dakin	Director	English	England	63	28 Feb 2006	Active
Graeme Richard William Hunter	Director	British	England	62	19 Nov 2015	Active
Graham Henry Edwards	Director	British	United Kingdom	62	30 Sept 2005	Active
Michael Akiva Hackenbroch	Director	British	United Kingdom	52	4 Sept 2017	Active
Russell Charles Gurnhill	Director	British	United Kingdom	56	8 Sept 2009	Active

Shareholders

Shareholders (2)


Ttre (securitised) Holdings Limited	100.0%	50	Ordinary	29 Jan 2021
Terrace Sp Holdings Limited	0.0%	0	Ordinary	29 Jan 2021

Persons with Significant Control

Persons with Significant Control (1)

1 Active 1 Ceased

Ttre (securitised) Holdings Limited

United Kingdom

Active

Notified 22 Dec 2020

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

Terrace Sp Holdings Limited

Ceased 22 Dec 2020

Ceased

See All Controllers

Group Structure

TTRE (SECURITISED) HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

TTRE HOLDINGS LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent

THE BANK OF N.T. BUTTERFIELD & SON LIMITED bermuda

TERRACE SP LP LIMITED Current Company

Charges

2 outstanding

Documents

Company Filings

Date	Category	Description	Document
6 Aug 2025	Accounts	Annual accounts made up to 2025-03-31	View(17 pages)
27 Jan 2025	Confirmation Statement	Confirmation statement made on 2025-01-26 with no updates	View(3 pages)
7 Aug 2024	Accounts	Annual accounts made up to 2024-03-31	View(19 pages)
29 Jan 2024	Confirmation Statement	Confirmation statement made on 2024-01-26 with no updates	View(3 pages)
18 Sept 2023	Accounts	Annual accounts made up to 2023-03-31	View(20 pages)