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Company No. 04730589 · Incorporated 11 Apr 2003

Area Estates Limited

Registered name: AREA ESTATES LIMITED

Part of William Pears Group Limited group

Area Estates Limited made £30.7m revenue and a £8.4m loss in the year to 30 Apr 2025. read from filing text

Area Estates Limited’s revenue fell 47% to £30.7m in the year to 30 Apr 2025, with a loss of £8.4m and 3 employees. The company is classified under “buying and selling of own real estate” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68100Buying and selling of own real estate
Status
Active
Location
London, London
Age
23 yrs · since 2003
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.

Latest accounts · year to 30 Apr 2025

Key figures

Small teamCapital-light
Revenue
£30.7m
Growth ▼46.6%
Profit
−£8.4m
Growth ▼296.9%
Profit margin
−27.5%
Gross 37.8%
Employees
3
Change 0%
Profit / employee
−£2.8m
Revenue/employee £10.2m
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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Apr 202230 Apr 202330 Apr 202430 Apr 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£26.6m£80.3m£57.6m£30.7m
Cost of sales£15.8m£49.8m£42.8m£19.1m
Gross profit£10.8m£30.4m£14.8m£11.6m
Operating profit£8.7m£28m£12.3m£9m
Profit before tax£732£19.3m£37.8k−£7.3m
Profit after tax£732£15m£4.3m−£8.4m
Profit (best available)£732£15m£4.3m−£8.4m
Employees (average)3333
Ratios
Profit margin0%18.7%7.4%−27.5%
Gross margin40.6%37.9%25.7%37.8%
Revenue per employee£8.9m£26.8m£19.2m£10.2m
Profit per employee£244£5m£1.4m−£2.8m
Growth (year on year)
Revenue growth—▲201.3%▼28.2%▼46.6%
Profit growth—▲2050033%▼71.4%▼296.9%
Headcount growth—0%0%0%
Balance sheet — indirect signals, not revenue
Cash at bank£175k£228k£204k£450k
Net assets−£9.9m£5.1m£9.4m£932k
Fixed assets£500£500£500£500
Current assets£182m£184m£206m£246m
Debtors£2.8m£3.4m£4.1m£2.5m
Deferred income£3.5m£3.9m£4.3m£4.1m
SourceAccounts · bulk data Nov 2023Accounts · bulk data Nov 2023FullAccounts · bulk data Nov 2024FullAccounts · bulk data Jan 2026
Derived from the latest filing

How the business works

Profit margin
−27.5%
Profit ÷ revenue.
Gross margin
37.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£10.2m
Revenue ÷ average employees.
Profit per employee
−£2.8m
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
13.4%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
8.3%
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
▼90%
Now £932k
Cash at bank
▲121%
Now £450k
Headcount
0%
Now 3
Deferred income
▼4%
Now £4.1m
Fixed assets
0%
Now £500

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. William Pears Group Limitedultimate parent75–100%
  2. William Pears Group Investments Limited75–100%
  3. William Pears Group of Companies Limited(The)75–100%
  4. Area Estates Limitedthis company

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

Sister companies (30)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Apr 2025 (profit −£8.4m), from the Companies House accounts bulk data published Jan 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.