How much does Greenwitch Limited make?

Greenwitch Limited reported revenue of £15.3m and £9.9m profit in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does Greenwitch Limited have?

Greenwitch Limited reported an average of 0 employees in the year to 31 Mar 2024.

Is Greenwitch Limited profitable?

Yes — Greenwitch Limited reported a profit of £9.9m in the year to 31 Mar 2024.

Company No. 00291392 · Incorporated 20 Aug 1934

Greenwitch Limited

Registered name: GREENWITCH LIMITED

Part of Land Securities Group PLC group

Greenwitch Limited made £15.3m revenue and £9.9m profit in the year to 31 Mar 2024.

Greenwitch Limited’s revenue grew 917% to £15.3m in the year to 31 Mar 2024, with £9.9m profit and 0 employees. The company is classified under “development of building projects” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41100Development of building projects

Status: Active
Location: London, London
Age: 92 yrs · since 1934
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Mar 2024

Key figures

Small team

Revenue

£15.3m

Growth ▲916.9%

Profit

£9.9m

Growth —

Profit margin

64.3%

Gross 93.9%

Employees

Change —

Profit / employee

—

Profitable streak

1yr

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.5m	£15.3m
Cost of sales	—	−£940k
Gross profit	£1.4m	£14.4m
Operating profit	−£412k	£13.2m
Profit before tax	−£1.3m	£13m
Profit after tax	−£1.3m	£9.9m
Profit (best available)	−£1.3m	£9.9m
Employees (average)	0	0
Ratios
Profit margin	−85%	64.3%
Gross margin	91%	93.9%
Growth (year on year)
Revenue growth	—	▲916.9%
Balance sheet — indirect signals, not revenue
Net assets	−£5.5m	£4.3m
Fixed assets	£37.9m	£26m
Current assets	£1.5m	£538k
Debtors	£1.5m	£538k
Source	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Jun 2025

Derived from the latest filing

How the business works

Profit margin: 64.3%; Profit ÷ revenue.
Gross margin: 93.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 169.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3.5%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now £4.3m
Cash at bank: —; Now —
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: ▼31%; Now £26m

Corporate ownership

Group structure

Ownership chain

Land Securities Group PLCultimate parent75–100%
Land Securities Intermediate Limited75–100%
Land Securities P L C75–100%
LS Development Holdings Limited75–100%
U and I Group Limited75–100%
U and I (Development and Trading) Limited75–100%
Cathedral (Greenwich Beach) Limited75–100%
Greenwitch Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £9.9m), from the Companies House accounts bulk data published Jun 2025. Spotted an error? Request a correction.

Updated from Companies House on 11 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.