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Three Seas is a new organisation for Cornwall, creating housing for local people in their home communities.
I would prefer to Donate Three Seas Cornwall: clarification on legal registrationLocal homes for local people
High-quality, secure long-term rentals, so people can live and work in their home areas. Strong Local Connection criteria -
Work with local communities
We’ll create new housing directly or with Community Land Trusts and local groups. Communities will have genuine control, to safeguard the homes and create more.
Focus on rebuilding neglected housing
Find, buy and refurbish old property, often neglected or underused for many years. Refurb eyesores to make high-quality homes.
Heritage and preservation
We’ll take on historic listed buildings, often in poor condition. We’ll rebuild and improve, while safeguarding the heritage.
Minimum impact on the planet
Reduce our carbon: better for the planet and the tenants through lower energy bills. High-quality insulation and cost-saving, green energy generation where possible.
Not-for-profit, forever
Really strong safeguards and covenants to defend our housing forever: all surplus reinvested into new homes. Everything published and visible – no secrets.
Three Seas Cornwall: clarification on legal registration
It has come to our attention that some people have wanted to check on the legal status of Three Seas Cornwall, but have inadvertently gone to the wrong register. We would like to clarify the position and reassure our members and investors as follows:
- Three Seas Cornwall is a Community Benefit Society – a community cooperative - registered in November 2023 with the Financial Conduct Authority, our governing body. This is the organisation responsible for the project to save the Looe Coastguard Flats. Our registration certificate and details can be found at the FCA Mutuals Register: Mutuals Public Register: Three Seas Cornwall (fca.org.uk)
- Before creating the new Three Seas Cornwall structure, we ran a separate Limited Company, with charity registration, called Three Seas Ltd. In September 2023, the Board of Directors decided to close this company and move our work to the new Three Seas Cornwall – as above – because the new legal form is better suited to our aims.
- The closure of the old unwanted company has taken far longer than expected, due to delays at Companies House. As a result, the name still appears on that register, showing imminent closure and also overdue annual accounts. These are administrative questions and nothing at all to do with Three Seas Cornwall, the community shares or the future of our project.
We regret any confusion caused by the Companies House delay in completing the closure of the old registration. If you would like further information, please write to us: info@threeseas.org.uk
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