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Company No. 08961151 · Incorporated 26 Mar 2014

Places for London Limited

Registered name: PLACES FOR LONDON LIMITED

Part of Transport For London group

Places for London Limited made £106m revenue and a £3.6m loss in the year to 31 Mar 2026.

Places for London Limited’s revenue grew 15% to £106m in the year to 31 Mar 2026, with a loss of £3.6m. The company is classified under “other letting and operating of own or leased real estate” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68209Other letting and operating of own or leased real estate
Status
Active
Location
London, London
Age
12 yrs · since 2014
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 Mar 2026

Key figures

Revenue
£106m
Growth ▲15%
Profit
−£3.6m
Growth ▼146.2%
Profit margin
−3.4%
 
Employees
—
Change —
Profit / employee
—
 
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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202531 Mar 2026
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£91.8m£106m
Operating profit£16.5m£29.9m
Profit before tax£55.6m£14.8m
Profit after tax£7.8m−£3.6m
Profit (best available)£7.8m−£3.6m
Employees (average)0—
Ratios
Profit margin8.5%−3.4%
Growth (year on year)
Revenue growth—▲15%
Profit growth—▼146.2%
Balance sheet — indirect signals, not revenue
Net assets——
SourceAccounts · bulk data Dec 2025Accounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
−3.4%
Profit ÷ revenue.
Gross margin
—
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

  1. Transport For London (registered outside the UK register)ultimate parent75–100%
  2. Transport Trading Limited75–100%
  3. Places for London Limitedthis company

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

Subsidiaries (16)

Sister companies (18)

Minority corporate shareholders

  • Transport For London (registered outside the UK register)

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2026 (profit −£3.6m), 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.