Canary Wharf Limited
Registered name: CANARY WHARF LIMITED
Part of Canary Wharf Group Investment Holdings PLC groupCanary Wharf Limited made £43.3m revenue and £457m profit in the year to 31 Dec 2025.
Canary Wharf Limited’s revenue grew 14% to £43.3m in the year to 31 Dec 2025, with £457m profit and 0 employees. The company is classified under “development of building projects” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 40 yrs · since 1985
- 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.
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 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £35.1m | £38.1m | £43.3m |
| Cost of sales | £5.5m | £7m | £3.2m |
| Gross profit | £29.7m | £31.1m | £40.1m |
| Operating profit | −£68.1m | −£16.9m | £206m |
| Profit before tax | −£402m | −£116m | £462m |
| Profit after tax | −£413m | −£117m | £457m |
| Profit (best available) | −£413m | −£117m | £457m |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | −1175% | −308.4% | 1057% |
| Gross margin | 84.4% | 81.7% | 92.6% |
| Growth (year on year) | |||
| Revenue growth | — | ▲8.4% | ▲13.7% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £446m | £25.7m | £12.6m |
| Net assets | £998m | £868m | £1.3bn |
| Fixed assets | £210m | £205m | £218m |
| Current assets | £4.7bn | £4.5bn | £4.6bn |
| Debtors | £2.5m | £2m | £620k |
| Deferred income | £18.5m | £19.4m | £2.1m |
| Source | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 1057%
- Profit ÷ revenue.
- Gross margin
- 92.6%
- 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
- 504.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 4.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.4%
- 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
- ▲53%
- Now £1.3bn
- Cash at bank
- ▼51%
- Now £12.6m
- Headcount
- —
- Now 0
- Deferred income
- ▼89%
- Now £2.1m
- Fixed assets
- ▲7%
- Now £218m
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
- Canary Wharf Group Investment Holdings PLCultimate parent75–100%
- Songbird Finance Limited50–75%
- CWG Newco Limited75–100%
- Canary Wharf Group PLC75–100%
- Canary Wharf Estate Limited75–100%
- Canary Wharf Holdings Limited75–100%
- Canary Wharf Central Limited75–100%
- Canary Wharf Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- Canary Wharf Management LimitedRev. £166m · Profit £11.6m
- Level39 LimitedRev. £7.7m · Profit −£2.8m
- Southbank Place Management LimitedRev. £386k · Profit £239k
Sister companies (12)
- Canary Wharf Contractors LimitedRev. £21.2m · Profit £1.4m
- Canary Wharf Energy Company LimitedRev. £3.8m · Profit £692k
- Canary Wharf Telecoms LimitedRev. £801k · Profit £0
- Canary Wharf Residential Management LimitedRev. £647k · Profit −£792k
- Canary Wharf (Finance Lessor) LimitedRev. — · Profit £1.4m
- Canary Wharf Finance (Investments) LimitedRev. — · Profit £0
- Canary Wharf Financing LimitedFigures not disclosed
- Canary Wharf Management (HQ3/HQ4) LimitedRev. — · Profit £2.7k
- CW Finance Holdings II LimitedFigures not disclosed
- CWCB Finance II LimitedRev. — · Profit £0
- CWG Development Management LimitedFigures not disclosed
- Norquil LimitedRev. — · Profit £0
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £457m), from the Companies House accounts bulk data published Jul 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.