Directory of Co-operatives
Anchor Tenants Limited was founded in 1902 to provide housing for the working class people of Leicester.
Anchor Tenants Limited is a non profit making co-operative organisation and is registered as such under the Co-operative and Community Benefit Societies Act 2014. As a not for profit organisation registered under the Act, the shares are not equity shares, which appreciate or fall in value with the success of the enterprise. Rather they are "par value" shares that can only be redeemed (if at all) at face value. The shares typically act as a "membership ticket" and voting is on a one share one vote basis.
As Anchor Tenants Limited is not a social housing association, the continuation, upkeep and improvement of the present housing stock is the best way to provide for both members and tenants.