London Homelessness Accounts

Ealing Temporary Accommodation Account v0.2

Ownership notes on visible Housing Demand suppliers.

Period covered: April 2024 to March 2025. Version: v0.2. Last updated: 28 April 2026. Previous version: Ealing Temporary Accommodation Account v0.1.

Summary

Version 0.1 analysed Ealing Council's published supplier payment files for April 2024 to March 2025. It identified £62.2m of PLACE > Housing Demand payments, including £58.6m of TA-likely spend. Within Housing Demand, £43.6m was coded as Rents and £14.9m as Bed and Breakfast Payments. The top 10 visible Housing Demand suppliers received £25.7m; the top 20 received £38.6m.

Version 0.2 adds a Companies House review of the top visible suppliers, focusing on company identity, incorporation date, registered office, persons with significant control, and obvious related-entity patterns.

This does not allege wrongdoing. It asks a narrower governance question: what supplier and ownership structures sit behind the payment names that appear in Ealing's public files?

What this account does not claim

Payment files show invoice-level payments. Companies House records show company information filed on the public register. Together, they do not prove supplier profit, total contract value, accommodation quality, wrongdoing, legal group consolidation, or ultimate property ownership.

This account identifies visible payment patterns and public company-record patterns, then turns them into scrutiny questions.

Top findings

  1. Once two cleanly evidenced related-entity pairs are consolidated, the top 10 ultimate ownership groups received approximately £29.5m of visible Housing Demand payments in FY2024/25, compared with £25.7m for the top 10 published payee names.
  2. Eight of the top 20 visible Housing Demand suppliers have at least one corporate PSC or corporate control layer visible in Companies House records.
  3. Altwood Properties Ltd and Altwood Housing Ltd both sit under Altwood Group Ltd; combined visible Ealing Housing Demand payments across the two Altwood-labelled entities total £5.16m.
  4. Centremark Properties Ltd and Clearbridge Housing Ltd share both an active PSC and registered office.
  5. Four of the top 20 visible Housing Demand suppliers were incorporated after 1 January 2021.
  6. Five of the top 20 visible Housing Demand suppliers have registered offices outside Greater London.

Sources and audit trail

This account is designed to be auditable from public records.

Primary sources:

Where this page names a PSC, incorporation date or registered office, the claim should be traceable to the relevant Companies House company page. Where a relationship is uncertain, the page should say so.

Finding 1 — payment-name concentration understates ownership-layer concentration

Version 0.1 reported the top 10 visible suppliers by published payee name. Version 0.2 adds a deliberately limited consolidation exercise.

Once two cleanly evidenced related-entity pairs are consolidated, the top 10 ultimate ownership groups received approximately £29.5m of visible Housing Demand payments in FY2024/25, compared with £25.7m for the top 10 published payee names. Supplier concentration cannot be read from payment names alone.

The two consolidated pairs are:

This consolidation is deliberately limited to the two clearest related-entity cases. It is not legal or accounting consolidation.

Top 10 visible Housing Demand counterparties after consolidating the two clearest related-entity pairs.
Ultimate group / counterparty Visible FY2024/25 Housing Demand payments Basis for grouping
Altwood Group cluster£5.16mAltwood Properties + Altwood Housing; Altwood Group Ltd recorded as PSC of both
Middlesex Housing£3.83mPublished payee
Centremark / Clearbridge cluster£3.47mShared active PSC and registered office
Castle Residential Housing£2.99mPublished payee
Regions Estates£2.90mPublished payee; trading-name caveat
RRKV Prop Co£2.67mPublished payee
Bishop Property Management£2.53mPublished payee
Switch Management£2.40mPublished payee
Opulen Asset Management£1.97mPublished payee
Castleline£1.54mPublished payee
Total top 10 after limited consolidation£29.46mConsolidates only the two clearest related-entity cases

Source: Ealing Council FY2024/25 payment files; London Homelessness Accounts processing; Companies House PSC records. The consolidation is deliberately limited to the two clearest related-entity cases and should not be read as legal or accounting consolidation.

Eight of the top 20 visible Housing Demand suppliers have at least one corporate PSC or corporate control layer visible in Companies House records. That supporting fact explains why payment-name concentration may understate ownership-layer concentration.

Ownership review table

The table below records, for each of the top 20 visible Housing Demand suppliers in FY2024/25, the matched Companies House record and a short ownership-layer note. Each company number links to the relevant Companies House company page.

Top 20 visible Housing Demand suppliers with Companies House matches.
Rank Supplier in Ealing payment files FY2024/25 visible Housing Demand payments Invoice count Company number Incorporated Companies House / ownership note Scrutiny note
1 Middlesex Housing Ltd – Rent £3.83m 37 04307029 18 October 2001 Active company. Registered office: 1110 Elliott Court, Coventry Business Park, Herald Avenue, Coventry CV5 6UB. Two individual PSCs. Two individual PSCs; registered office outside London.
2 Altwood Properties Ltd £3.58m 19 04727365 8 April 2003 Active company. Companies House records identify Altwood Group Ltd (13211699) as PSC with 75% or more shares and voting rights and the right to appoint or remove directors. Corporate PSC; same group link as Altwood Housing.
3 Castle Residential Housing Ltd £2.99m 26 10464341 7 November 2016 Active company. Two individual PSCs (Mr Surjit Walia; Mr Baljit Singh Walia), each with more than 25% but not more than 50% shares and voting rights. Two individual PSCs.
4 Regions Ltd t/a Regions Estates £2.90m 35 09425127 5 February 2015 Active company; matched to Regions Estates Limited. PSC: Mr Roger Stewart Andrews (75% or more shares and voting rights). Payment label includes a trading style; treat the Companies House match accordingly.
5 RRKV Prop Co Ltd £2.67m 62 15235094 25 October 2023 Active company. Registered office: 66 Western Road, Southall UB2 5DX. SIC 68310 (real estate agencies). PSC: Mr Jiwan Verma (75% or more shares and voting rights; right to appoint or remove directors). Recently incorporated; significant visible payments in first full financial year after incorporation.
6 Bishop Property Management Ltd £2.53m 36 04293313 25 September 2001 Active company. Previous name: Bishop Social Housing Limited. Corporate PSC Ksd Property Management Ltd added in 2023, alongside individual PSCs Mr Sarabjit Singh Grewal and Mrs Sukhbir Grewal. Companies House charges page shows one historic Barclays debenture, satisfied in 2018. Corporate PSC layer added in 2023; the historic Barclays charge is recorded as satisfied and should not be read as outstanding.
7 Switch Management Ltd £2.40m 17 13514837 16 July 2021 Active company. Previous name: Switch Hospitality Management Ltd until 26 January 2024. PSC: Mr Harj Mattu (75% or more shares). Recently incorporated; previous name was hospitality-coded.
8 Centremark Properties Limited £2.23m 347 05714342 20 February 2006 Active company. Registered office: 103 Manor Way, Ruislip HA4 8HW. PSC: Mr Sandeep Aujla (more than 25% but not more than 50% shares). Shares registered office and PSC with Clearbridge Housing Limited.
9 Opulen Asset Management Ltd £1.97m 12 05598572 20 October 2005 Active company. Three individual PSCs (Mr Andrew James Brice Riley; Mr Biju Ramakrishnan; Mr Rajinder Kumar). Registered office in Chalfont St Giles, Buckinghamshire. Multiple individual PSCs; PSC changes in 2022/2024.
10 Altwood Housing Ltd t/a Altwood Group Ltd £1.58m 1,338 07199769 23 March 2010 Active company. Same registered office as Altwood Properties (483 Green Lanes, London N13 4BS). Companies House records identify Altwood Group Ltd (13211699) as PSC with 75% or more shares and voting rights and the right to appoint or remove directors. Corporate PSC; same corporate PSC and registered office as Altwood Properties.
11 Castleline Ltd £1.54m 29 04640891 17 January 2003 Active company. Corporate PSC Castleline Holdings Limited (16035357) notified 25 February 2025; prior individual PSCs ceased the same date. Corporate PSC layer added in 2025.
12 Ealing Housing Limited £1.34m 29 04579527 1 November 2002 Active company. PSC: Mr Timothy O'Dea (75% or more shares and voting rights). Officers include Timothy O'Dea and Margaret O'Dea. Match to the Ealing payment record is treated as likely; Supplier ID alignment should be reconfirmed before any ownership claim is built on it.
13 PSL Leasing Limited £1.32m 44 07354667 24 August 2010 Active company. Two active PSCs: Mr Neil Orton (75% or more shares) and Mr Matthew O'Connor (significant influence or control). Two active PSCs at the registered office; both also recorded as current officers.
14 Homelink Estate Agents Ltd £1.30m 26 09107401 30 June 2014 Active company. Three individual PSCs (Mr Davinder Singh Rehncy; Mr Barjinder Singh; Mr Sukhvinder Singh Bansal), each with more than 25% but not more than 50% shares and voting rights. Previous company name: Gold Coin Estates Limited until 7 October 2014. Multiple individual PSCs.
15 Clearbridge Housing Ltd £1.24m 158 14971479 30 June 2023 Active company. Registered office: 103 Manor Way, Ruislip HA4 8HW. PSC: Mr Sandeep Aujla (75% or more shares and voting rights; right to appoint or remove directors). Recently incorporated; shares registered office and PSC with Centremark Properties Limited.
16 Empathy Housing Ltd £1.20m 31 14185870 21 June 2022 Active company. Corporate PSC Naywa & Mini Holdings Ltd (16956621) notified 12 January 2026; previous individual PSC ceased the same date. Registered office: Wilmslow, Cheshire. Corporate PSC layer added in 2026; recently incorporated; registered office outside Greater London.
17 QED Interim Investments Ltd £1.16m 16 10201475 26 May 2016 Active company. Corporate PSC Bedr0ck Collective Limited (11624327) with more than 25% but not more than 50% shares and voting rights. (Note: the spelling “Bedr0ck” with a zero appears in the Companies House record.) Corporate PSC; registered office in Lancing, West Sussex.
18 ZFA Ltd £1.07m 14 07210078 31 March 2010 Active company. Corporate PSC Zfa Group Limited (07900938) with 75% or more shares and voting rights and the right to appoint or remove directors. Corporate PSC; group-structure note.
19 LTA Direct Ltd £0.99m 784 10642919 28 February 2017 Active company. Corporate PSC Ltpe Ltd (14976919) notified 9 October 2023. Corporate PSC; high invoice count.
20 Topaz House Ltd £0.80m 333 11024396 25 October 2017 Active company; matched to Topaz House Limited at 73 Blandford Way, Hayes UB4 0PB. PSC and SIC: needs verification. Ownership-layer claim withheld pending PSC verification.

Source: Ealing Council FY2024/25 supplier payment files; London Homelessness Accounts v0.1 processing; Companies House company records checked 28 April 2026.

Finding 2 — Altwood as a related-entity example

The clearest related-entity example is Altwood.

Ealing's FY2024/25 payment files show £3.58m paid to Altwood Properties Ltd and £1.58m paid to Altwood Housing Ltd t/a Altwood Group Ltd within Housing Demand. Companies House records identify Altwood Group Ltd as the person with significant control of both Altwood Properties Limited and Altwood Housing Limited, with 75% or more shares and voting rights.

Combined visible Ealing Housing Demand payments across the two Altwood-labelled entities total £5.16m. This account does not state that the entities should be consolidated for accounting or legal purposes. It records the council's payment labels and the public Companies House records, and flags the relationship as a scrutiny question.

Companies House records:

Finding 3 — Centremark and Clearbridge

A second related-entity question appears around Centremark Properties Ltd and Clearbridge Housing Ltd.

Ealing's payment files show both suppliers within Housing Demand. Companies House records show that Centremark Properties Ltd and Clearbridge Housing Ltd share both an active PSC and the registered office 103 Manor Way, Ruislip.

This does not prove that Ealing should treat the two companies as one counterparty. It does suggest that supplier concentration cannot be assessed from payee names alone. A public account of temporary-accommodation spending should distinguish operating company names from ownership and control relationships where the public record allows.

Companies House records:

Finding 4 — recently incorporated entities

The Companies House review identifies material Housing Demand payments to companies incorporated in the previous few years.

Four of the top 20 visible Housing Demand suppliers were incorporated after 1 January 2021: RRKV Prop Co Ltd, Switch Management Ltd, Clearbridge Housing Ltd and Empathy Housing Ltd.

Recent incorporation does not imply wrongdoing. It creates a reasonable governance question: what financial, suitability and continuity checks does the council apply before recently incorporated entities become material Housing Demand counterparties?

Companies House records:

Finding 5 — registered offices outside Greater London

Five of the top 20 visible Housing Demand suppliers have registered offices outside Greater London: Middlesex Housing Ltd (Coventry), Switch Management Ltd (Birmingham), Opulen Asset Management Ltd (Chalfont St Giles, Buckinghamshire), QED Interim Investments Ltd (Lancing, West Sussex) and Empathy Housing Ltd (Wilmslow, Cheshire).

Registered-office location does not show where accommodation is provided. It does test the assumption that visible temporary-accommodation suppliers are necessarily local landlords or local operators.

Finding 6 — how invoice counts read

Invoice counts suggest that the top-20 suppliers do not all operate in the same way. Payment totals alone can therefore hide different commercial models.

For example, Altwood Housing received £1.58m across 1,338 invoices, an average of around £1,180 per invoice. LTA Direct received £0.99m across 784 invoices, an average of around £1,265 per invoice. By contrast, Middlesex Housing received £3.83m across 37 invoices, an average of around £103,600 per invoice.

This does not prove accommodation type. It suggests different billing patterns that the council should be able to reconcile to accommodation nights, lease type and placement category.

Selected suppliers: payment total, invoice count and average per invoice.
Supplier FY2024/25 visible Housing Demand payments Invoice count Average per invoice Interpretive note
Altwood Housing Ltd t/a Altwood Group Ltd£1.58m1,338£1,180High-volume, low-average invoices
LTA Direct Ltd£0.99m784£1,265High-volume, low-average invoices
Centremark Properties Ltd£2.23m347£6,415Mid-volume, mid-average invoices
Topaz House Ltd£0.80m333£2,408Mid-volume, low-average invoices
Clearbridge Housing Ltd£1.24m158£7,872Mid-volume, mid-average invoices
Middlesex Housing Ltd – Rent£3.83m37£103,610Low-volume, high-average invoices

Source: Ealing Council FY2024/25 payment files; London Homelessness Accounts processing. Averages are payment total divided by invoice count and do not represent nightly rates, unit rates or supplier profit.

Redaction finding carried forward from v0.1

The ownership review does not replace the redaction finding from v0.1. It reinforces why redaction policy matters.

Where payment files obscure some supplier names, the public cannot test whether those redacted payees sit beneath individual PSCs, corporate PSCs or related ownership structures. Where visible supplier names may not show the ownership layer behind operating companies, consistent disclosure becomes more important.

The key redaction question remains: how did Ealing apply its redaction criteria where the same Supplier ID appears both named and redacted in FY2024/25?

Updated scrutiny questions

Supplier concentration and ownership

  1. Does Ealing assess supplier concentration only by payment name, or also by ownership group?
  2. How does Ealing identify related companies among temporary-accommodation counterparties?
  3. Does the council track common PSCs, directors or registered offices across supplier entities?

Recently incorporated entities and continuity risk

  1. What financial checks does Ealing apply before recently incorporated companies receive material Housing Demand payments?
  2. How does Ealing monitor continuity risk where large Housing Demand payments go to entities with limited filing history?

Payment data and accommodation usage

  1. How does Ealing reconcile supplier-payment data to accommodation nights and placement type?
  2. Which of the top 20 suppliers are direct landlords, managing agents, lease intermediaries, B&B providers or other categories?
  3. How should invoice-count patterns be interpreted when the same Housing Demand category contains both high-volume low-average payments and low-volume high-average payments?

Redaction and payment-system transparency

  1. How does Ealing apply supplier-name redactions where the same Supplier ID appears partly named and partly redacted?
  2. Does the council's procurement or payments system distinguish operating company, trading name, landlord, managing agent, corporate PSC and ultimate ownership?

Future supplier monitoring

  1. How will future Madison Brook payments be identified and monitored in public payment files?

Publication caveat

This v0.2 account remains a public-records analysis. It relies on Ealing payment files and Companies House records. It does not include contract files, property-level data, inspection records, accommodation-night data or non-public council systems. Those gaps are the subject of follow-up FOI requests.

Sources and downloads

Contact

Corrections, source documents, technical comments and tips welcome.

[email protected]