Leeds Group Limited (formerly Leeds Group plc) owns and leases three commercial properties located in Nordhorn, Germany, through its wholly owned subsidiary Leeds Group Nordhorn Property GmbH; two of these properties are currently rented, while the third is actively marketed for new tenants. Founded in 1900 and headquartered at Craven House, 14-18 York Road, Wetherby, England, the company operates primarily in the real estate sector following the divestment of its legacy textile activities, which historically encompassed fabric printing, yarn dyeing, designing, importing, warehousing, and wholesaling of fabrics across the UK, Germany, and broader Europe via subsidiaries such as Hemmers-Itex Textil Import Export GmbH and Chinoh-Tex Limited. The company serves commercial tenants in the industrial property market, with a focus on stable rental income streams in Germany.
In a major strategic shift, Leeds Group completed the sale of its principal operating subsidiary, Hemmers-Itex Textil Import Export GmbH, on 26 March 2024, for cash consideration of £501,000 based on net book value less a discount, retaining ownership of the associated Nordhorn properties under a short-term lease arrangement that partially expired on 30 November 2024. This disposal transformed the company into an AIM Rule 15 cash shell, prompting the suspension of its shares from trading on AIM on 30 September 2024, voluntary cancellation of AIM admission effective 7:00 a.m. on 19 December 2024 following shareholder approval on 11 December 2024, and re-registration as a private limited company named Leeds Group Limited on 8 January 2025 with updated articles of association. Shares now trade via the JP Jenkins matched bargain platform, enabling liquidity for shareholders in unlisted securities. These changes mark a pivot from textiles to pure property investment, aligning with the contraction of European textile manufacturing.