Delancey Real Estate Asset Management Limited
Registered name: DELANCEY REAL ESTATE ASSET MANAGEMENT LIMITED
Part of Cortx Holdings Limited groupDelancey Real Estate Asset Management Limited made £3.6m revenue and a £1.4m loss in the year to 31 Mar 2026.
Delancey Real Estate Asset Management Limited’s revenue fell 15% to £3.6m in the year to 31 Mar 2026, with a loss of £1.4m and 0 employees. The company is classified under “management consultancy activities other than financial management” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 24 yrs · since 2002
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £32.1m | £32m | £4.2m | £3.6m |
| Cost of sales | £2.3m | £2.5m | £4.2m | £3.6m |
| Gross profit | £29.9m | £29.4m | £0 | £0 |
| Operating profit | −£1.7m | £1.8m | −£24.7m | −£1.8m |
| Profit before tax | £571k | £1.8m | −£24.7m | −£1.8m |
| Profit after tax | £1m | £429k | −£24.5m | −£1.4m |
| Profit (best available) | £1m | £429k | −£24.5m | −£1.4m |
| Staff costs | £21.4m | £16.3m | £347k | £0 |
| Employees (average) | 62 | 71 | 0 | 0 |
| Ratios | ||||
| Profit margin | 3.2% | 1.3% | −582.7% | −39.7% |
| Gross margin | 93% | 92% | 0% | 0% |
| Revenue per employee | £518k | £450k | — | — |
| Profit per employee | £16.7k | £6k | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▼0.4% | ▼86.8% | ▼14.8% |
| Profit growth | — | ▼58.6% | ▼5817% | — |
| Headcount growth | — | ▲14.5% | ▼100% | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £8.2m | £7.9m | £100k | £288k |
| Net assets | £6.7m | £7.2m | £5.6m | £4.2m |
| Fixed assets | £3.8m | £6m | £4.6m | £3.6m |
| Current assets | £22.6m | £22.5m | £10.1m | £10m |
| Debtors | £180k | £2.2m | £1.2m | £1.1m |
| Deferred income | £16.7m | £6m | £571k | £440k |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Oct 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- −39.7%
- Profit ÷ revenue.
- Gross margin
- 0%
- 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
- 101.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 12.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 31.2%
- 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
- ▼25%
- Now £4.2m
- Cash at bank
- ▲188%
- Now £288k
- Headcount
- —
- Now 0
- Deferred income
- ▼23%
- Now £440k
- Fixed assets
- ▼21%
- Now £3.6m
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
- Cortx Holdings Limitedultimate parent75–100%
- Delancey Real Estate Asset Management Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (10)
- Delancey Investment Advisory Services LimitedRev. £31.2m · Profit £3.5m
- Delancey (General Partner) LimitedFigures not disclosed
- Delancey Associates LimitedFigures not disclosed
- Delancey Developments LimitedFigures not disclosed
- Delancey Estates LimitedFigures not disclosed
- Delancey LimitedFigures not disclosed
- Delancey Properties LimitedFigures not disclosed
- Five Oaks Developments LimitedFigures not disclosed
- Newincco 1312 LimitedFigures not disclosed
- Newincco 1404 LimitedRev. — · Profit £615k
Sister companies (3)
- Cortx LimitedFigures not disclosed
- Delancey Investments LimitedFigures not disclosed
- Delancey NW1 Group LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit −£1.4m), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.