At PIHCL, our mission is to maximise investor returns by strategically optimising car park operations and leveraging land use.
We are committed to innovative and sustainable practices that enhance the value of our assets, ensuring long-term growth and profitability.
Through excellence in management and a focus on profitable operations, we aim to transform parking spaces and land into thriving, revenue-generating opportunities.
The company Parking Investor Holding Company Limited issue shares once confirmed by Evelyn Partners. PIHCL have currently issued 19,172 shares which is approximately 90% of the expected total shareholder population.
Parking Investor Holding Company Limited are in receipt of a block licence agreement that allows the company use of all spaces at all sites for both Glasgow and Gatwick.
All profits generated from the rent of any site / space is held by PIHCL on behalf of the shareholders; the company currently has £1.1m cash at bank. The board of directors have not declared any dividend from the company for two reasons;
Dividends are declared by the board of directors and can be declared at any point in a financial year so long as the majority vote in favour of. The board of directors have not declared any dividend from the company for two reasons;
As a board we are hoping to have the final batch of shares issued as soon as possible but require EP to confirm the details, to conclude the 2024 audit, receipt the funds of the 2024 financial year and then take a view on whether to declare a dividend to all shareholders.
PIHCL have currently issued 19,172 shares. In the process of issuing shares there is no legal requirement to send physical shares to shareholders. The board decided to focus on ensuring that there was a maximum number of shareholders over the issuance of shares. Shares can be requested from info@pihcl.co.uk. Not all carparks have been operational for 2 years but there have been a good level of profitability achieved from those car parks that have been open and these profits are held in the value of the company PIHCL and therefore the shares held.
PPOA are submitted to the administrators Evelyn Partners
COMPANY No: 13799931
REGISTERED OFFICE:
C/O Macmahon Leggate First Floor,
Kingsway House,
Kingsway,
Burnley,
Lancashire,
England,
BB11 1BJ
