IPIF STORAGE LIMITED - Profile & Financials

Accounts Submitted 17 Apr 2025

Confirmation Statement Submitted 8 Sept 2025

Net assets £-618.56K £229.35K 2024 year on year

Total assets £2.34M £350.09K 2024 year on year

Total Liabilities £2.96M £579.43K 2024 year on year

Charges None No charges registered

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Contact & Details

Contact

Update Details

Registered Address

One Coleman Street London EC2R 5AA United Kingdom

Credit Report

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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 (2021–2024)

Cash in Bank

£1.56M

Decreased by £101.65k (-6%)

Net Assets

-£618.56k

Decreased by £229.35k (-59%)

Total Liabilities

£2.96M

Increased by £579.43k (+24%)

Turnover

£5.05M

Increased by £820.59k (+19%)

Employees

N/A

Debt Ratio

126%

Increased by 6 (+5%)

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

3 active 4 resigned

Show resigned officers

						Status
Grant Thomas Worrall	Director	British	United Kingdom	52	25 Jul 2024	Active
Jonathan Robert William Holland	Director	British	United Kingdom	54	19 May 2023	Active
Legal & General Co Sec Limited	Corporate-secretary	United Kingdom	Unknown	—	10 Feb 2022	Active

Shareholders

Shareholders (0)

No shareholder data available

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Legal & General Property Partners (industrial Fund) Limited

United Kingdom

Active

Notified 12 Nov 2020

Nature of Control

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

See All Controllers

Group Structure

LEGAL & GENERAL PROPERTY PARTNERS (INDUSTRIAL FUND) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

LEGAL & GENERAL PROPERTY LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

LGIM REAL ASSETS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

L&G - ASSET MANAGEMENT LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

LEGAL & GENERAL GROUP PLC united kingdom

IPIF STORAGE LIMITED Current Company

IPIF STORAGE GENERAL PARTNER LLP united kingdom voting rights 75 to 100 percent limited liability partnership, right to share surplus assets 75 to 100 percent limited liability partnership

IPIF STORAGE NOMINEE LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

No charges registered

Documents

Company Filings

Date	Category	Description	Document
8 Sept 2025	Confirmation Statement	Confirmation statement made on 2025-09-01 with no updates	View(3 pages)
17 Apr 2025	Accounts	Annual accounts made up to 2024-12-31	View(18 pages)
2 Sept 2024	Confirmation Statement	Confirmation statement made on 2024-09-01 with no updates	View(3 pages)
29 Jul 2024	Officers	Termination of Gary Lee Palin as director on 2024-07-25	View(1 page)
29 Jul 2024	Officers	Appointment of Grant Worrall as director on 2024-07-25	View(2 pages)