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Company No. 00721119 · Incorporated 10 Apr 1962

Welkin Property Company Limited(The)

Registered name: WELKIN PROPERTY COMPANY LIMITED(THE)

Part of William Pears Group Limited group

Welkin Property Company Limited(The) made £369k revenue and £572k profit in the year to 31 Mar 2025.

Welkin Property Company Limited(The)’s revenue fell 4% to £369k in the year to 31 Mar 2025, with £572k profit and 3 employees. The company is classified under “renting and operating of housing association real estate” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68201Renting and operating of Housing Association real estate
Status
Active
Location
London, London
Age
64 yrs · since 1962
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 2025

Key figures

Small team
Revenue
£369k
Growth ▼4.5%
Profit
£572k
Growth ▲183.3%
Profit margin
155.1%
Gross 54.8%
Employees
3
Change 0%
Profit / employee
£191k
Revenue/employee £123k
Profitable streak
2yrs
Consecutive profitable years in our data

Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£320k£343k£386k£369k
Cost of sales£186k£227k£171k£167k
Gross profit£134k£116k£216k£202k
Operating profit£1.1m−£101k£152k£660k
Profit before tax£1.1m−£54.2k£239k£765k
Profit after tax£577k−£32.9k£202k£572k
Profit (best available)£577k−£32.9k£202k£572k
Employees (average)3333
Ratios
Profit margin180.4%−9.6%52.3%155.1%
Gross margin41.8%33.7%55.8%54.8%
Revenue per employee£107k£114k£129k£123k
Profit per employee£192k−£11k£67.3k£191k
Growth (year on year)
Revenue growth—▲7.2%▲12.6%▼4.5%
Profit growth—▼105.7%—▲183.3%
Headcount growth—0%0%0%
Balance sheet — indirect signals, not revenue
Cash at bank£29.7k£22.8k£38.7k£35.4k
Net assets£8.2m£8.2m£8.4m£8.9m
Fixed assets£8.5m£8.3m£8.3m£7.8m
Current assets£1.4m£1.5m£1.8m£2.9m
Debtors£1.4m£1.5m£1.7m£2.9m
Deferred income£62.5k£89.2k£81.1k£75.2k
SourceAccounts · bulk data Nov 2023Accounts · bulk data Nov 2023FullAccounts · bulk data Nov 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
155.1%
Profit ÷ revenue.
Gross margin
54.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£123k
Revenue ÷ average employees.
Profit per employee
£191k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
2120%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
20.4%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
785.6%
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
▲7%
Now £8.9m
Cash at bank
▼8%
Now £35.4k
Headcount
0%
Now 3
Deferred income
▼7%
Now £75.2k
Fixed assets
▼6%
Now £7.8m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. William Pears Group Limitedultimate parent75–100%
  2. William Pears Group Investments Limited75–100%
  3. William Pears Group of Companies Limited(The)75–100%
  4. Welkin Property Company Limited(The)this company

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

Sister companies (30)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £572k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

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