How much does London Projects Limited make?

London Projects Limited reported revenue of £42.5m and a loss of £955k in the year to 31 Jul 2025, according to its accounts filed at Companies House.

How many employees does London Projects Limited have?

London Projects Limited reported an average of 65 employees in the year to 31 Jul 2025.

Is London Projects Limited profitable?

No — London Projects Limited reported a loss of £955k in the year to 31 Jul 2025.

Company No. 05522550 · Incorporated 29 Jul 2005

London Projects Limited

Registered name: LONDON PROJECTS LIMITED

Part of London Projects Holdings Limited group

London Projects Limited made £42.5m revenue and a £955k loss in the year to 31 Jul 2025.

London Projects Limited’s revenue was £42.5m in the year to 31 Jul 2025, with a loss of £955k and 65 employees. The company is classified under “other business support service activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: London, London
Age: 21 yrs · since 2005
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.

Latest accounts · year to 31 Jul 2025

Key figures

Capital-lightCash flow filed

Revenue

£42.5m

Growth —

Profit

−£955k

Growth —

Profit margin

−2.3%

Gross 3.8%

Employees

Change —

Profit / employee

−£14.7k

Revenue/employee £654k

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 to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Jul 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£44m	£41.6m	£46.2m	£42.5m
Cost of sales	£40.7m	£39.2m	£43.2m	£40.9m
Gross profit	£3.4m	£2.4m	£2.9m	£1.6m
Operating profit	£1.1m	£692k	£680k	−£1.1m
Profit before tax	£1.1m	£702k	£701k	−£1.1m
Profit after tax	£882k	£661k	£574k	−£955k
Profit (best available)	£882k	£661k	£574k	−£955k
Staff costs	£1.1m	£1.2m	£1.3m	£1.5m
Employees (average)	67	70	83	65
Ratios
Profit margin	2%	1.6%	1.2%	−2.3%
Gross margin	7.6%	5.7%	6.4%	3.8%
Revenue per employee	£657k	£594k	£556k	£654k
Profit per employee	£13.2k	£9.4k	£6.9k	−£14.7k
Cash conversion	101.8%	116%	286.1%	—
Growth (year on year)
Revenue growth	—	▼5.6%	▲11%	—
Profit growth	—	▼25%	▼13.2%	—
Headcount growth	—	▲4.5%	▲18.6%	—
Balance sheet — indirect signals, not revenue
Cash at bank	£4.9m	£3.4m	£644k	£905k
Net assets	£6.9m	£6.9m	£7m	£6m
Fixed assets	£77k	£64.2k	£39k	£31.4k
Current assets	£18.1m	£20.2m	£16m	£14.3m
Debtors	£1.9m	£2.2m	£983k	£205k
Deferred income	£5.4m	£5m	£2.7m	£2.6m
Cash from operations	£1.1m	£803k	£1.9m	−£228k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Apr 2026

Derived from the latest filing

How the business works

Profit margin: −2.3%; Profit ÷ revenue.
Gross margin: 3.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £654k; Revenue ÷ average employees.
Profit per employee: −£14.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.5%; 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 £6m
Cash at bank: —; Now £905k
Headcount: —; Now 65
Deferred income: —; Now £2.6m
Fixed assets: —; Now £31.4k

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

London Projects Holdings Limitedultimate parent75–100%
London Projects Limitedthis company

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

Sister companies (1)

Greater London Estates LimitedFigures not disclosed

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 31 Jul 2025 (profit −£955k), from the Companies House accounts bulk data published Apr 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.