Pinnacle Property Management Ltd
Registered name: PINNACLE PROPERTY MANAGEMENT LTD
Part of Odevo UK Holdco Limited groupPinnacle Property Management Ltd made £6m revenue and £1.2m profit in the year to 31 Dec 2024.
Pinnacle Property Management Ltd’s revenue grew 11% to £6m in the year to 31 Dec 2024, with £1.2m profit and 88 employees. The company is classified under “residents property management” and is based in Reading; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Reading, South East
- Age
- 24 yrs · since 2002
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £5.3m | £6m |
| Cost of sales | £959k | £758k |
| Gross profit | £4.4m | £5.2m |
| Operating profit | £1.2m | £1.6m |
| Profit before tax | £1.1m | £1.6m |
| Profit after tax | £1.2m | £1.2m |
| Profit (best available) | £1.2m | £1.2m |
| Employees (average) | 82 | 88 |
| Ratios | ||
| Profit margin | 21.6% | 20.9% |
| Gross margin | 82.1% | 87.3% |
| Revenue per employee | £65.2k | £67.7k |
| Profit per employee | £14.1k | £14.2k |
| Growth (year on year) | ||
| Revenue growth | — | ▲11.4% |
| Profit growth | — | ▲8.1% |
| Headcount growth | — | ▲7.3% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £2.1m | £1.1m |
| Net assets | £2.4m | £1.3m |
| Fixed assets | £175k | £162k |
| Current assets | £3m | £1.8m |
| Debtors | £360k | £237k |
| Deferred income | £85.9k | £49.4k |
| Source | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Apr 2025 |
How the business works
- Profit margin
- 20.9%
- Profit ÷ revenue.
- Gross margin
- 87.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £67.7k
- Revenue ÷ average employees.
- Profit per employee
- £14.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4%
- 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
- ▼43%
- Now £1.3m
- Cash at bank
- ▼44%
- Now £1.1m
- Headcount
- ▲7%
- Now 88
- Deferred income
- ▼43%
- Now £49.4k
- Fixed assets
- ▼8%
- Now £162k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Odevo UK Holdco Limitedultimate parent75–100%
- Odevo UK Limited75–100%
- Pinnacle Property Management Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Malins Management LimitedFigures not disclosed
Sister companies (30)
- HML PM LtdRev. £22.8m · Profit −£142k
- Srvo Valuations & Surveys LimitedRev. £4.1m · Profit £503k
- Alexander Bonhill LimitedFigures not disclosed
- B-Hive Block Management Partners LimitedFigures not disclosed
- B-Hive Company Secretarial Services LimitedFigures not disclosed
- B-Hive Property Solutions LimitedFigures not disclosed
- B-Hive Site Staff Solutions LimitedFigures not disclosed
- Codwellers.com LtdFigures not disclosed
- CP Bigwood Management LLPFigures not disclosed
- Dauntons Soar Management LimitedFigures not disclosed
- Diamond and Company (Scotland) LimitedFigures not disclosed
- Encore Property Management Group LtdFigures not disclosed
- Faraday Property Management LimitedFigures not disclosed
- Firelink Protection LimitedFigures not disclosed
- Ginger Energy LimitedFigures not disclosed
- GLF Management LimitedFigures not disclosed
- Highline Solicitors LimitedFigures not disclosed
- HML Freeholds LimitedFigures not disclosed
- HML Hawksworth LimitedFigures not disclosed
- HML Lam LtdFigures not disclosed
- Odevo UK Shared Services LimitedFigures not disclosed
- Ottimo Property Services LimitedFigures not disclosed
- Premier Estates LimitedFigures not disclosed
- R & R Residential Management LimitedFigures not disclosed
- SDL Freeholds LimitedFigures not disclosed
- Shaw and Company (Surveyors) LimitedFigures not disclosed
- Srvo Property LimitedFigures not disclosed
- Trinity Property Group LimitedFigures not disclosed
- Utilidebt LimitedFigures not disclosed
- Vegner Holdings LimitedRev. — · Profit −£135k
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.2m), from the Companies House accounts bulk data published Apr 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.