How much does First Property Group PLC make?

First Property Group PLC reported revenue of £8.7m and £2.9m profit in the year to 31 Mar 2026, according to its accounts filed at Companies House.

Is First Property Group PLC profitable?

Yes — First Property Group PLC reported a profit of £2.9m in the year to 31 Mar 2026.

Company No. 02967020 · Incorporated 12 Sep 1994

First Property Group PLC

Registered name: FIRST PROPERTY GROUP PLC

First Property Group PLC made £8.7m revenue and £2.9m profit in the year to 31 Mar 2026.

First Property Group PLC’s revenue grew 15% to £8.7m in the year to 31 Mar 2026, with £2.9m profit. The company is classified under “management of real estate on a fee or contract basis” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68320Management of real estate on a fee or contract basis

Status: Active
Location: London, London
Age: 32 yrs · since 1994
Type: Public Limited Company

Latest accounts · year to 31 Mar 2026

Key figures

IndependentOperating leverage

Revenue

£8.7m

Growth ▲15.4%

Profit

£2.9m

Growth ▲25%

Profit margin

33.6%

Gross 67%

Employees

—

Change —

Profit / employee

—

Profitable streak

2yrs

Consecutive profitable years in our data

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 to	31 Mar 2024	31 Mar 2025	31 Mar 2026
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£7.9m	£7.6m	£8.7m
Cost of sales	−£2.9m	−£2.7m	−£2.9m
Gross profit	£5m	£4.8m	£5.8m
Operating profit	−£189k	£507k	£1.5m
Profit before tax	−£4.4m	£3m	£3.4m
Profit after tax	−£4.4m	£2.3m	£2.9m
Profit (best available)	−£4.4m	£2.3m	£2.9m
Employees (average)	—	—	—
Ratios
Profit margin	−55.8%	31%	33.6%
Gross margin	63.3%	63.9%	67%
Growth (year on year)
Revenue growth	—	▼3.8%	▲15.4%
Profit growth	—	—	▲25%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Oct 2025	Accounts · bulk data Oct 2025	Accounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 33.6%; Profit ÷ revenue.
Gross margin: 67%; 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: —; 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: —; Now —
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Subsidiaries (13)

E and S Estates LimitedRev. £0 · Profit £40k
Fprop Corktree LimitedRev. £0 · Profit −£1.4k
First Property Asset Management LtdFigures not disclosed
First Property Sterling General Partner LimitedFigures not disclosed
Fprop Company 1 LimitedFigures not disclosed
Fprop Company 2 LimitedFigures not disclosed
Fprop Corktree II LimitedFigures not disclosed
Fprop Fulcrum General Partner LimitedFigures not disclosed
Fprop JV General Partner LimitedFigures not disclosed
Fprop JV II GP LimitedFigures not disclosed
Fprop Offices General Partner LimitedLive but Receiver Manager on at least one chargeFigures not disclosed
Fprop UK General Partner LimitedFigures not disclosed
Sips Property Nominee 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 accounts for the year to 31 Mar 2026 (profit £2.9m), 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.