How much does Surplus Property Solutions Advisory Limited make?

Surplus Property Solutions Advisory Limited reported revenue of £980k and £563k profit in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does Surplus Property Solutions Advisory Limited have?

Surplus Property Solutions Advisory Limited reported an average of 5 employees in the year to 31 Dec 2022.

Is Surplus Property Solutions Advisory Limited profitable?

Yes — Surplus Property Solutions Advisory Limited reported a profit of £563k in the year to 31 Dec 2022.

Company No. 05740895 · Incorporated 13 Mar 2006

Surplus Property Solutions Advisory Limited

Registered name: SURPLUS PROPERTY SOLUTIONS ADVISORY LIMITED

Part of Surplus Property Solutions Holdings Ltd group

Surplus Property Solutions Advisory Limited made £980k revenue and £563k profit in the year to 31 Dec 2022.

Surplus Property Solutions Advisory Limited’s revenue grew 422% to £980k in the year to 31 Dec 2022, with £563k profit and 5 employees. The company is classified under “management of real estate on a fee or contract basis” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68320Management of real estate on a fee or contract basis

Status: Active
Location: London, London
Age: 20 yrs · since 2006
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 and ultimate parent undertaking is Surplus Property Solutions Holdings Limited, a company incorporated in Scotland. The results of the Company are incorporated into the consoli”

Latest accounts · year to 31 Dec 2022

Key figures

Small teamCapital-lightDoing more with less

Revenue

£980k

Growth ▲421.6%

Profit

£563k

Growth —

Profit margin

57.4%

Gross 100%

Employees

Change ▼16.7%

Profit / employee

£113k

Revenue/employee £196k

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 2021	31 Dec 2022
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£188k	£980k
Gross profit	£188k	£980k
Operating profit	−£18.6k	£576k
Profit before tax	−£19.3k	£575k
Profit after tax	−£19.3k	£563k
Profit (best available)	−£19.3k	£563k
Employees (average)	6	5
Ratios
Profit margin	−10.3%	57.4%
Gross margin	100%	100%
Revenue per employee	£31.3k	£196k
Profit per employee	−£3.2k	£113k
Growth (year on year)
Revenue growth	—	▲421.6%
Headcount growth	—	▼16.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£353k	£424k
Net assets	−£1.5m	−£977k
Fixed assets	£0	£5.2k
Current assets	£381k	£711k
Debtors	£2.1k	£0
Deferred income	£5.9k	£64.4k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: 57.4%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £196k; Revenue ÷ average employees.
Profit per employee: £113k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; 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 −£977k
Cash at bank: ▲20%; Now £424k
Headcount: ▼17%; Now 5
Deferred income: ▲996%; Now £64.4k
Fixed assets: —; Now £5.2k

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

Surplus Property Solutions Holdings Ltd (registered outside the UK register)ultimate parent75–100%
Surplus Property Solutions Advisory 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).

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2022 (profit £563k), from the Companies House accounts bulk data published Dec 2023. 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.