| Company Information |
| Address: |
11-15 Farm Street London W1J 5RS
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Index: |
FTSE All Share FTSE Small Cap
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| Tel: |
020 7629 0113
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Sector: |
Real Estate
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| Fax: |
020 7408 1666 |
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| E-Mail: |
tjm@helical.co.uk |
Epic: |
HLCL |
| Secretary: |
Tim Murphy |
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| Registrar: |
Capita Registrars Beckenham Ltd
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Updated: |
26/02/2013 |
Company Overview
Helical Bar is a UK based property development and investment company with a market capitalisation of over £300 million. Its key objective is to maximise growth in assets per share using a recurring stream of development and trading profits to build up its investment portfolio. Its development programme is structured with minimal risk and capital employed enabling the balance sheet to be directed towards growth investment assets. Whilst a small number of development schemes are financed with bank funding and, therefore, remain on its balance sheet, the majority of the schemes are pre-sold or forward sold. This policy has a significant effect on return on capital employed and has enabled the company to create and sustain one of the largest development programmes in the country.
Company Strategy
Helical's investment philosophy is based on four guiding principles. Its investment portfolio is actively managed, rotating between sectors to maximise exposure to growth stock. Gearing is used on a tactical basis, being raised to accentuate property performance when property returns are judged to materially outperform the cost of debt. The average number of properties held is kept small to facilitate fast repositioning of the portfolio and encourage management to focus on key assets. Finally there is a preference for multi-let stock where value can be added through refurbishment and lease restructuring.
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| Dividend History |
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| Type |
Payment Date |
Dividend |
|
| Interim |
22/12/2011 |
1.75 p |
|
| Interim |
23/12/2010 |
1.75 p |
|
| Final |
23/07/2010 |
0.25 p |
|
| Interim |
1/04/2010 |
2.75 p |
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| Interim |
23/12/2009 |
1.75 p |
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| Final |
24/07/2009 |
2.75 p |
|
| Interim |
23/12/2008 |
1.75 p |
|
| Final |
25/07/2008 |
2.75 p |
|
| Interim |
21/12/2007 |
1.75 p |
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| Final |
27/07/2007 |
2.75 p |
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| Interim |
29/12/2006 |
1.6 p |
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| Final |
21/07/2006 |
2.45 p |
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| Interim |
22/12/2005 |
1.45 p |
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| Final |
22/07/2005 |
11 p |
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| Interim |
17/12/2004 |
6.6 p |
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| Final |
29/06/2004 |
10 p |
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| Interim |
31/12/2003 |
6.6 p |
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| Final |
24/07/2003 |
9 p |
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