WELCOME

Thurne Bungalows Management Company Limited (TBMC) welcomes you to its website.   Please bookmark this site for ease of future reference. We hope you find the site informative. Suggestions for site improvements are always very welcome.

Please also visit the River Thurne Tenants Association's website:

 www.rtta.me.uk 

The RTTA formed TBMC Ltd in 1985

 

 DATES OF 2019/20 TBMC BOARD MEETINGS:

19th January 2019              10.00 – 13.00       New Victory Hall, Neatishead

23rd February 2019           10.00 – 13.00       New Victory Hall, Neatishead

18th May 2019                    10.00 – 13.00       New Victory Hall, Neatishead

12th July 2019                     18.00 – 20.00       Plots Inspection by River

6th September 2019           19.30 – 22.00       New Victory Hall, Neatishead

26th October 2019 AGM            10.00 – 11.00       Potter Heigham Village Hall

9th November 2019            10.00 – 13.00       New Victory Hall, Neatishead

Times, dates and venues may change at short notice.  Please contact TBMC's Managing Agent,This email address is being protected from spambots. You need JavaScript enabled to view it. to confirm these published details.

The Company's History

Thurne Bungalows Management Company Limited was incorporated in 1986 as a private company limited by shares. The Company was founded by the River Thurne Tenants Association http://www.rtta.me.uk (an Association dating back to 1948) in order to purchase from Anglian Water a ninety-nine year Lease on one hundred and eighty-five Thurne riverbank plots in the Norfolk Broads parishes of Potter Heigham, Ludham, Repps with Bastwick and Martham. The RTTA could not purchase the Lease on behalf of its members because it was not an incorporated body and, therefore, had no personality in law.  Without a status in law, it could not enter into any legally binding contract.

Having purchased the Lease for £405,000, TBMC Ltd then sold Underleases - at substantially the same amount - to one hundred and eighty existing tenants. Since 1986, TBMC Ltd has managed its leasehold plots as a non-profit-distributing company.

TBMC Ltd currently has 184 shareholders, each being a bungalow or mooring plot leaseholder. The leaseholder of each plot is obliged to purchase one Ordinary share in TBMC Ltd. A second class of share with no voting rights was issued by the Company in 1993 to raise cash .

Thurne Bungalows Management Company Limited

Reg Office: 2 Swanns Yard, Worstead, North Walsham, NR28 9RP

Company Registered in England and Wales No 01878622

copyright ©2015 Thurne Bungalows Management Company Ltd