How many employees does Step Property Limited have?

Step Property Limited reported an average of 7 employees in the year to 28 Feb 2025.

Is Step Property Limited profitable?

Yes — Step Property Limited reported a profit of £390k in the year to 28 Feb 2025.

Company No. 02760701 · Incorporated 30 Oct 1992

Step Property Limited

Registered name: STEP PROPERTY LIMITED

Part of Step Property Group Limited group

Step Property Limited made £390k profit in the year to 28 Feb 2025 (revenue not disclosed).

Step Property Limited reported £390k profit in the year to 28 Feb 2025; its revenue was not disclosed. It had 7 employees. The company is classified under “renting and operating of housing association real estate” and is based in Hornchurch; we hold 4 years of its filed accounts.

Profit onlySection L · Real estate activitiesSIC 68201Renting and operating of Housing Association real estate SIC 82990Other business support service activities n.e.c.

Status: Active
Location: Hornchurch, London
Age: 33 yrs · since 1992
Type: Private Limited Company

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 28 Feb 2025

Key figures

Small team

Revenue

—

Not disclosed in filing

Profit

£390k

Growth —

Profit margin

—

Employees

Change —

Profit / employee

£55.7k

Profitable streak

3yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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 to	31 Jul 2022	31 Jul 2023	31 Jul 2024	28 Feb 2025
Disclosure	No P&L	Profit only	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—	—	—
Profit after tax	—	£1m	£771k	£390k
Profit (best available)	—	£1m	£771k	£390k
Employees (average)	9	7	7	7
Ratios
Profit margin	—	—	—	—
Profit per employee	—	£143k	£110k	£55.7k
Growth (year on year)
Profit growth	—	—	▼22.9%	—
Headcount growth	—	▼22.2%	0%	—
Balance sheet — indirect signals, not revenue
Cash at bank	£691k	£989k	£304k	£531k
Net assets	£3.1m	£3.9m	£4.7m	£5.1m
Fixed assets	£266k	£250k	£191k	£157k
Current assets	£4m	£4.8m	£5.4m	£5.7m
Debtors	£589k	£767k	£749k	£569k
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: £55.7k; 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 £5.1m
Cash at bank: —; Now £531k
Headcount: —; Now 7
Deferred income: —; Now —
Fixed assets: —; Now £157k

Corporate ownership

Group structure

Ownership chain

Step Property Group Limitedultimate parent75–100%
Step Property Limitedthis company

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

Sister companies (3)

H.& G.car Parks LimitedFigures not disclosed
Historics Classic and Sportscar Auctions LtdFigures not disclosed
Step Property Finance LimitedFigures not disclosed

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 28 Feb 2025 (profit £390k), 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.