O&h Properties Limited
Registered name: O&H PROPERTIES LIMITED
Part of O & H Holdings NO.2 Limited groupO&h Properties Limited made £8m revenue and £8.4m profit in the year to 28 Feb 2025. read from filing text
O&h Properties Limited’s revenue fell 63% to £8m in the year to 28 Feb 2025, with £8.4m profit and 17 employees. The company is classified under “development of building projects” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 44 yrs · since 1982
- 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. From the filing: “At 28 February 2025 the company's ultimate parent company was O&H Strategic Land Holdings Limited, a company registered in Jersey.”
Key figures
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.
Financial history
| Year to | 28 Feb 2022 | 28 Feb 2023 | 29 Feb 2024 | 28 Feb 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | £64.6m | £21.9m | £8m |
| Cost of sales | −£2.7m | £20.8m | £10.6m | £5.9m |
| Gross profit | — | £43.7m | £11.3m | £2.2m |
| Operating profit | — | £43.2m | £9.5m | £1.6m |
| Profit before tax | £20.7m | £43.2m | £9.9m | £1.8m |
| Profit after tax | £15.7m | £35.2m | £9m | £8.4m |
| Profit (best available) | £15.7m | £35.2m | £9m | £8.4m |
| Staff costs | £1.8m | £1.9m | £1.1m | £947k |
| Employees (average) | 21 | 20 | 17 | 17 |
| Ratios | ||||
| Profit margin | — | 54.5% | 41% | 104.8% |
| Gross margin | — | 67.7% | 51.6% | 27% |
| Revenue per employee | — | £3.2m | £1.3m | £473k |
| Profit per employee | £746k | £1.8m | £528k | £496k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼66.1% | ▼63.3% |
| Profit growth | — | ▲124.9% | ▼74.5% | ▼6% |
| Headcount growth | — | ▼4.8% | ▼15% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £395k | £121k | £2m | £22.1k |
| Net assets | £142m | £177m | £186m | £194m |
| Fixed assets | £0 | £0 | £0 | £0 |
| Current assets | £195m | £230m | £242m | £191m |
| Debtors | £264k | £2.5m | £1.2k | £36.1k |
| Deferred income | £214k | £412k | £103k | £179k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 104.8%
- Profit ÷ revenue.
- Gross margin
- 27%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £473k
- Revenue ÷ average employees.
- Profit per employee
- £496k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.4%
- Money owed by customers. Low = customers pay quickly.
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
- ▲5%
- Now £194m
- Cash at bank
- ▼99%
- Now £22.1k
- Headcount
- 0%
- Now 17
- Deferred income
- ▲73%
- Now £179k
- Fixed assets
- —
- Now £0
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- O & H Holdings NO.2 Limitedultimate parent75–100%
- O&h Properties Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (4)
- Hampton (Peterborough) Management LimitedRev. £821k · Profit £1.2m
- City & ST James Property Holdings LimitedRev. £43.9k · Profit £22.7k
- Value Nature LimitedRev. £1.2k · Profit £1.3m
- ST James Property Development LimitedRev. £0 · Profit £0
Sister companies (3)
- ST James Property (Grosvenor Place) LimitedRev. £27.7k · Profit £68.7k
- O&h Colchester LtdRev. £0 · Profit £0
- Strawboat LimitedRev. £0 · Profit £0
From the Persons with Significant Control register (corporate controllers only).
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- Staff
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Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £8.4m), from the Companies House accounts bulk data published Nov 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.