How much does Ivy Place (Norwich) Limited make?

Ivy Place (Norwich) Limited reported revenue of £659k and £639k profit in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does Ivy Place (Norwich) Limited have?

Ivy Place (Norwich) Limited reported an average of 2 employees in the year to 31 Mar 2024.

Is Ivy Place (Norwich) Limited profitable?

Yes — Ivy Place (Norwich) Limited reported a profit of £639k in the year to 31 Mar 2024.

Company No. 05602705 · Incorporated 25 Oct 2005

Ivy Place (Norwich) Limited

Registered name: IVY PLACE (NORWICH) LIMITED

Part of Welltower Inc. group

Ivy Place (Norwich) Limited made £659k revenue and £639k profit in the year to 31 Mar 2024.

Ivy Place (Norwich) Limited’s revenue was £659k in the year to 31 Mar 2024, with £639k profit and 2 employees. The company is classified under “development of building projects” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41100Development of building projects

Status: Active
Location: London, London
Age: 20 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. From the filing: “The Company's immediate parent undertaking is GA HC REIT II CH U.K. Senior Housing Portfolio Limited by virtue of its 100% shareholding.”

Latest accounts · year to 31 Mar 2024

Key figures

Small team

Revenue

£659k

Growth —

Profit

£639k

Growth —

Profit margin

96.9%

Gross 100%

Employees

Change —

Profit / employee

£319k

Revenue/employee £329k

Profitable streak

1yr

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Mar 2024
Disclosure	No P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£659k
Gross profit	—	£659k
Operating profit	—	£623k
Profit after tax	—	£639k
Profit (best available)	—	£639k
Employees (average)	2	2
Ratios
Profit margin	—	96.9%
Gross margin	—	100%
Revenue per employee	—	£329k
Profit per employee	—	£319k
Balance sheet — indirect signals, not revenue
Net assets	£5.9m	£6.1m
Debtors	£0	£191k
Source	FullAccounts · bulk data Feb 2025	FullAccounts · bulk data Feb 2025

Derived from the latest filing

How the business works

Profit margin: 96.9%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £329k; Revenue ÷ average employees.
Profit per employee: £319k; 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: 29%; 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 £6.1m
Cash at bank: —; Now —
Headcount: —; Now 2
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Welltower Inc. (registered outside the UK register)ultimate parent75–100%
Aria Holdco Three (UK) Ltd75–100%
Ga HC Reit II CH U.K. Senior Housing Portfolio Limited75–100%
Ivy Road (Norwich) Limited75–100%
Ivy Place (Norwich) Limitedthis company

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

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £639k), from the Companies House accounts bulk data published Feb 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.