How much does The Deptford Project 2 Limited make?

The Deptford Project 2 Limited reported revenue of £58k and a loss of £228k in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does The Deptford Project 2 Limited have?

The Deptford Project 2 Limited reported an average of 0 employees in the year to 31 Mar 2024.

Is The Deptford Project 2 Limited profitable?

No — The Deptford Project 2 Limited reported a loss of £228k in the year to 31 Mar 2024.

Company No. 09010341 · Incorporated 24 Apr 2014

The Deptford Project 2 Limited

Registered name: THE DEPTFORD PROJECT 2 LIMITED

Part of Land Securities Group PLC group

The Deptford Project 2 Limited made £58k revenue and a £228k loss in the year to 31 Mar 2024.

The Deptford Project 2 Limited’s revenue fell 49% to £58k in the year to 31 Mar 2024, with a loss of £228k and 0 employees. The company is classified under “development of building projects” and is based in London; we hold 3 years of its filed accounts.

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

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 2024

Key figures

Small team

Revenue

£58k

Growth ▼48.7%

Profit

−£228k

Growth —

Profit margin

−393.1%

Gross −158.6%

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£73k	£113k	£58k
Cost of sales	£190k	£167k	£150k
Gross profit	−£162k	−£126k	−£92k
Operating profit	−£110k	−£660k	−£220k
Profit before tax	−£110k	−£660k	−£228k
Profit after tax	−£110k	−£660k	−£228k
Profit (best available)	−£110k	−£660k	−£228k
Employees (average)	0	0	0
Ratios
Profit margin	−150.7%	−584.1%	−393.1%
Gross margin	−221.9%	−111.5%	−158.6%
Growth (year on year)
Revenue growth	—	▲54.8%	▼48.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£40k	£0	—
Net assets	£1m	£370k	£142k
Fixed assets	£1.7m	£1.2m	£1.1m
Current assets	£481k	£19k	£46k
Debtors	£420k	£0	£46k
Deferred income	£31k	£0	£17k
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2024	FullAccounts · bulk data Jun 2025

Derived from the latest filing

How the business works

Profit margin: −393.1%; Profit ÷ revenue.
Gross margin: −158.6%; 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: 1983%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 29.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 79.3%; 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: ▼62%; Now £142k
Cash at bank: —; Now —
Headcount: —; Now 0
Deferred income: —; Now £17k
Fixed assets: ▼2%; Now £1.1m

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

Land Securities Group PLCultimate parent75–100%
Land Securities Intermediate Limited75–100%
Land Securities P L C75–100%
LS Development Holdings Limited75–100%
U and I Group Limited75–100%
U and I Investment Portfolio Limited75–100%
U and I Ipa Limited75–100%
The Deptford Project Limited75–100%
The Deptford Project 2 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 −£228k), from the Companies House accounts bulk data published Jun 2025. 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.