Skip to content
CompanySight
Company No. 04480419 · Incorporated 9 Jul 2002

Peel Nre Limited

Registered name: PEEL NRE LIMITED

Part of Peel Land Group UK Limited group

Peel 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
Latest accounts · year to 31 Mar 2024

Key figures

Revenue
£6.7m
Growth ▲137.5%
Profit
−£3.4m
Growth —
Profit margin
−50.4%
Gross 68.8%
Employees
—
Change —
Profit / employee
—
 
Profitable streak
0yrs
Consecutive profitable years in our data
2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202331 Mar 2024
DisclosureFull P&LFull 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——
SourceAccounts · bulk data Sep 2024Accounts · bulk data Sep 2024
Derived from the latest filing

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.
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

  1. Peel Land Group UK Limitedultimate parent75–100%
  2. Peel Nre Holdings (Intermediate) Limited75–100%
  3. Peel Nre Holdings Limited75–100%
  4. 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.