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Company No. 00986343 · Incorporated 6 Aug 1970

Glenstone Reit PLC

Registered name: GLENSTONE REIT PLC

Glenstone Reit PLC made £10.6m revenue and £10.9m profit in the year to 31 Mar 2026.

Glenstone Reit PLC’s revenue fell 1% to £10.6m in the year to 31 Mar 2026, with £10.9m profit and 10 employees. The company is classified under “other letting and operating of own or leased real estate” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68209Other letting and operating of own or leased real estate
Status
Active
Location
London, London
Age
56 yrs · since 1970
Type
Public 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.

Latest accounts · year to 31 Mar 2026

Key figures

Independent
Revenue
£10.6m
Growth ▼0.8%
Profit
£10.9m
Growth ▲28.7%
Profit margin
102.4%
 
Employees
10
Change ▼9.1%
Profit / employee
£1.1m
Revenue/employee £1.1m
Profitable streak
3yrs
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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202431 Mar 202531 Mar 2026
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£10.5m£10.7m£10.6m
Operating profit£5.7m£8.8m£11.2m
Profit before tax£5.6m£8.5m£10.9m
Profit after tax£5.5m£8.5m£10.9m
Profit (best available)£5.5m£8.5m£10.9m
Employees (average)111110
Ratios
Profit margin52.2%78.9%102.4%
Revenue per employee£957k£976k£1.1m
Profit per employee£500k£770k£1.1m
Growth (year on year)
Revenue growth—▲1.9%▼0.8%
Profit growth—▲54.1%▲28.7%
Headcount growth—0%▼9.1%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Oct 2025Accounts · bulk data Oct 2025Accounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
102.4%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1.1m
Revenue ÷ average employees.
Profit per employee
£1.1m
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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 —
Cash at bank
—
Now —
Headcount
▼9%
Now 10
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Subsidiaries (6)

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

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Sources

Latest figures from accounts for the year to 31 Mar 2026 (profit £10.9m), from the Companies House accounts bulk data published Sep 2026. 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.