How much does Wallace Estates Limited make?

Wallace Estates Limited reported revenue of £6.9m and a loss of £4.1m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

Is Wallace Estates Limited profitable?

No — Wallace Estates Limited reported a loss of £4.1m in the year to 31 Dec 2024.

Company No. 04216645 · Incorporated 15 May 2001

Wallace Estates Limited

Registered name: WALLACE ESTATES LIMITED

Part of Albanwise Wallace Estates Limited group

Wallace Estates Limited made £6.9m revenue and a £4.1m loss in the year to 31 Dec 2024.

Wallace Estates Limited’s revenue was £6.9m in the year to 31 Dec 2024, with a loss of £4.1m. The company is classified under “buying and selling of own real estate” and is based in Cambridge.

Full P&L filedSection L · Real estate activitiesSIC 68100Buying and selling of own real estate

Status: Active
Location: Cambridge, East of England
Age: 25 yrs · since 2001
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 31 Dec 2024

Key figures

Revenue

£6.9m

Growth —

Profit

−£4.1m

Growth —

Profit margin

−59.5%

Gross 97.2%

Employees

—

Change —

Profit / employee

—

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2024
Disclosure	Full P&L
Profit & loss
Revenue (turnover)	£6.9m
Cost of sales	−£190k
Gross profit	£6.7m
Operating profit	£1.7m
Profit before tax	−£5.4m
Profit after tax	−£4.1m
Profit (best available)	−£4.1m
Employees (average)	—
Ratios
Profit margin	−59.5%
Gross margin	97.2%
Balance sheet — indirect signals, not revenue
Net assets	—
Source	Accounts · bulk data May 2025

Derived from the latest filing

How the business works

Profit margin: −59.5%; Profit ÷ revenue.
Gross margin: 97.2%; 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

Ownership chain

Albanwise Wallace Estates Limitedultimate parent75–100%
Wallace Partnership Group Limited75–100%
Wallace Estates Limitedthis company

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

Sister companies (2)

Wallace Partnership Reversionary Group Holdings LimitedRev. £4.3m · Profit −£2.5m
Gray's Inn Holdings LimitedFigures not disclosed

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 accounts for the year to 31 Dec 2024 (profit −£4.1m), from the Companies House accounts bulk data published May 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.