Peel Nre Limited
Registered name: PEEL NRE LIMITED
Part of Peel Land Group UK Limited groupPeel Nre Limited made £6.7m revenue and a £3.4m loss in the year to 31 Mar 2024.
Peel Nre Limited’s revenue grew 138% to £6.7m in the year to 31 Mar 2024, with a loss of £3.4m. The company is classified under “other business support service activities” and is based in Manchester; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Manchester
- Age
- 24 yrs · since 2002
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £2.8m | £6.7m |
| Cost of sales | −£2.9m | −£2.1m |
| Gross profit | −£54k | £4.6m |
| Operating profit | −£2m | −£1.5m |
| Profit before tax | −£3.4m | −£4.2m |
| Profit after tax | −£3.2m | −£3.4m |
| Profit (best available) | −£3.2m | −£3.4m |
| Employees (average) | — | — |
| Ratios | ||
| Profit margin | −113.8% | −50.4% |
| Gross margin | −1.9% | 68.8% |
| Growth (year on year) | ||
| Revenue growth | — | ▲137.5% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 |
How the business works
- Profit margin
- −50.4%
- Profit ÷ revenue.
- Gross margin
- 68.8%
- 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.
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 —
Group structure
Ownership chain
- Peel Land Group UK Limitedultimate parent75–100%
- Peel Nre Holdings (Intermediate) Limited75–100%
- Peel Nre Holdings Limited75–100%
- Peel Nre Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2024 (profit −£3.4m), from the Companies House accounts bulk data published Sep 2024. Spotted an error? Request a correction.
Updated from Companies House on 15 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.