How much does Level39 Limited make?

Level39 Limited reported revenue of £7.7m and a loss of £2.8m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Level39 Limited have?

Level39 Limited reported an average of 11 employees in the year to 31 Dec 2025.

Is Level39 Limited profitable?

No — Level39 Limited reported a loss of £2.8m in the year to 31 Dec 2025.

Company No. 08302391 · Incorporated 21 Nov 2012

Level39 Limited

Registered name: LEVEL39 LIMITED

Part of Canary Wharf Group Investment Holdings PLC group

Level39 Limited made £7.7m revenue and a £2.8m loss in the year to 31 Dec 2025.

Level39 Limited’s revenue grew 5% to £7.7m in the year to 31 Dec 2025, with a loss of £2.8m and 11 employees. The company is classified under “management of real estate on a fee or contract basis” and is based in London; we hold 3 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: 13 yrs · since 2012
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

£7.7m

Growth ▲4.9%

Profit

−£2.8m

Growth —

Profit margin

−35.9%

Gross −20.1%

Employees

Change ▲10%

Profit / employee

−£252k

Revenue/employee £702k

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.

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)	£7m	£7.4m	£7.7m
Cost of sales	£10.7m	£8.8m	£9.3m
Gross profit	−£3.7m	−£1.4m	−£1.6m
Operating profit	−£4.7m	−£2.3m	−£2.8m
Profit before tax	−£4.6m	−£2.3m	−£2.8m
Profit after tax	−£4.6m	−£2.3m	−£2.8m
Profit (best available)	−£4.6m	−£2.3m	−£2.8m
Staff costs	£698k	£812k	£909k
Employees (average)	10	10	11
Ratios
Profit margin	−66%	−31%	−35.9%
Gross margin	−53.4%	−19.7%	−20.1%
Revenue per employee	£700k	£737k	£702k
Profit per employee	−£462k	−£228k	−£252k
Growth (year on year)
Revenue growth	—	▲5.2%	▲4.9%
Headcount growth	—	0%	▲10%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.8m	£620k	£1.3m
Net assets	−£39.2m	−£41.5m	−£44.2m
Fixed assets	£2.7m	£3m	£2.8m
Current assets	£14.9m	£9.5m	£8.6m
Debtors	£0	£305k	£263k
Deferred income	£555k	£487k	£188k
Source	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −35.9%; Profit ÷ revenue.
Gross margin: −20.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £702k; Revenue ÷ average employees.
Profit per employee: −£252k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 36.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3.4%; 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 −£44.2m
Cash at bank: ▲115%; Now £1.3m
Headcount: ▲10%; Now 11
Deferred income: ▼61%; Now £188k
Fixed assets: ▼5%; Now £2.8m

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

Canary Wharf Group Investment Holdings PLCultimate parent75–100%
Songbird Finance Limited50–75%
CWG Newco Limited75–100%
Canary Wharf Group PLC75–100%
Canary Wharf Estate Limited75–100%
Canary Wharf Holdings Limited75–100%
Canary Wharf Central Limited75–100%
Canary Wharf Limited75–100%
Level39 Limitedthis company

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

Sister companies (2)

Canary Wharf Management LimitedRev. £166m · Profit £11.6m
Southbank Place Management LimitedRev. £386k · Profit £239k

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 FullAccounts for the year to 31 Dec 2025 (profit −£2.8m), from the Companies House accounts bulk data published Sep 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.