How much does Freehold Properties 23 Limited make?

Freehold Properties 23 Limited reported revenue of £697k and £493k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

Is Freehold Properties 23 Limited profitable?

Yes — Freehold Properties 23 Limited reported a profit of £493k in the year to 31 Dec 2025.

Company No. 05593072 · Incorporated 14 Oct 2005

Freehold Properties 23 Limited

Registered name: FREEHOLD PROPERTIES 23 LIMITED

Part of Albanwise Wallace Estates Limited group

Freehold Properties 23 Limited made £697k revenue and £493k profit in the year to 31 Dec 2025.

Freehold Properties 23 Limited’s revenue was £697k in the year to 31 Dec 2025, with £493k profit. The company is classified under “buying and selling of own real estate” and is based in Cambridge; we hold 3 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68100Buying and selling of own real estate

Status: Active
Location: Cambridge, East of England
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 Dec 2025

Key figures

Revenue

£697k

Growth ▲0.3%

Profit

£493k

Growth ▼27.1%

Profit margin

70.7%

Gross 98%

Employees

—

Change —

Profit / employee

—

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£652k	£695k	£697k
Cost of sales	−£13.7k	−£16.8k	−£13.6k
Gross profit	£639k	£679k	£683k
Operating profit	—	£676k	£493k
Profit before tax	£627k	£676k	£493k
Profit after tax	£627k	£676k	£493k
Profit (best available)	£627k	£676k	£493k
Employees (average)	—	—	—
Ratios
Profit margin	96.2%	97.2%	70.7%
Gross margin	97.9%	97.6%	98%
Growth (year on year)
Revenue growth	—	▲6.6%	▲0.3%
Profit growth	—	▲7.8%	▼27.1%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data May 2025	Accounts · bulk data May 2025	Accounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 70.7%; Profit ÷ revenue.
Gross margin: 98%; 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

Albanwise Wallace Estates Limitedultimate parent75–100%
Wallace Partnership Group Limited75–100%
Gray's Inn Holdings Limited75–100%
Gray's Inn Capital 2 Limited75–100%
Gray's Inn 10 Limited75–100%
Freehold Properties 23 Limitedthis company

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

Sister companies (5)

Gray's Inn 11 LimitedRev. £130k · Profit £130k
Macarthur Reversions LimitedRev. £21.6k · Profit £21.6k
PKSM Freehold LtdRev. £18.2k · Profit £18.2k
Hudson Freeholds LimitedRev. £13.6k · Profit £10.2k
Freehold Properties 36 LimitedRev. £7k · Profit £7k

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2025 (profit £493k), from the Companies House accounts bulk data published Sep 2026. 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.