How many employees does Canary Wharf Group PLC have?

Canary Wharf Group PLC reported an average of 259 employees in the year to 31 Dec 2024.

Company No. 04191122 · Incorporated 30 Mar 2001

Canary Wharf Group PLC

Q: Is Canary Wharf Group PLC profitable?

No — Canary Wharf Group PLC reported a loss of £125m in the year to 31 Dec 2024.

Registered name: CANARY WHARF GROUP PLC

Part of Canary Wharf Group Investment Holdings PLC group

Canary Wharf Group PLC made a £125m loss in the year to 31 Dec 2024 (revenue not disclosed).

Canary Wharf Group PLC reported a loss of £125m in the year to 31 Dec 2024; its revenue was not disclosed. It had 259 employees. The company is classified under “other business support service activities” and is based in London; we hold 2 years of its filed accounts.

Profit onlySection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: London, London
Age: 25 yrs · since 2001
Type: Public 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. From the filing: “CWG NewCo Limited”

Latest accounts · year to 31 Dec 2024

Key figures

Revenue

—

Not disclosed in filing

Profit

−£125m

Growth —

Profit margin

—

Employees

259

Change ▲0.8%

Profit / employee

−£483k

Profitable streak

0yrs

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024
Disclosure	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—
Profit before tax	−£112m	−£125m
Profit after tax	−£112m	−£125m
Profit (best available)	−£112m	−£125m
Staff costs	£42.8m	£46.1m
Employees (average)	257	259
Ratios
Profit margin	—	—
Profit per employee	−£436k	−£483k
Growth (year on year)
Headcount growth	—	▲0.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£568k	£66.1k
Net assets	£2.4bn	£2.2bn
Fixed assets	£3.4bn	£3.4bn
Current assets	£314m	£306m
Debtors	£18.2k	£30.8k
Deferred income	£12m	£13.7m
Source	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Jun 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: −£483k; 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: ▼5%; Now £2.2bn
Cash at bank: ▼88%; Now £66.1k
Headcount: ▲1%; Now 259
Deferred income: ▲14%; Now £13.7m
Fixed assets: ▲0%; Now £3.4bn

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Canary Wharf Group Investment Holdings PLCultimate parent75–100%
Songbird Finance Limited50–75%
CWG Newco Limited75–100%
Canary Wharf Group PLCthis company

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

Subsidiaries (1)

Canary Wharf Estate LimitedRev. — · Profit £178m

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£125m), from the Companies House accounts bulk data published Jun 2025. Spotted an error? Request a correction.

Updated from Companies House on 12 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.