How much does Newfoundland Propco Limited make?

Newfoundland Propco Limited reported revenue of £16.8m and a loss of £38.3m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Newfoundland Propco Limited have?

Newfoundland Propco Limited reported an average of 0 employees in the year to 31 Dec 2024.

Is Newfoundland Propco Limited profitable?

No — Newfoundland Propco Limited reported a loss of £38.3m in the year to 31 Dec 2024.

Company No. 09463336 · Incorporated 27 Feb 2015

Newfoundland Propco Limited

Registered name: NEWFOUNDLAND PROPCO LIMITED

Part of Newfoundland Holdco Limited group

Newfoundland Propco Limited made £16.8m revenue and a £38.3m loss in the year to 31 Dec 2024.

Newfoundland Propco Limited’s revenue fell 5% to £16.8m in the year to 31 Dec 2024, with a loss of £38.3m and 0 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: 11 yrs · since 2015
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

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 2024

Key figures

Small team

Revenue

£16.8m

Growth ▼4.6%

Profit

−£38.3m

Growth —

Profit margin

−227.6%

Gross 93.2%

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 to	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£17.6m	£16.8m
Cost of sales	£582k	£1.1m
Gross profit	£17.1m	£15.7m
Operating profit	−£32.3m	−£17.3m
Profit before tax	−£53.6m	−£38.3m
Profit after tax	−£53.6m	−£38.3m
Profit (best available)	−£53.6m	−£38.3m
Employees (average)	0	0
Ratios
Profit margin	−303.8%	−227.6%
Gross margin	96.7%	93.2%
Growth (year on year)
Revenue growth	—	▼4.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£7.5m	£9.4m
Net assets	−£123m	−£158m
Fixed assets	£484m	£452m
Current assets	£26.6m	£13.6m
Debtors	£290k	£996
Deferred income	£56.7k	£32k
Source	FullAccounts · bulk data Oct 2025	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: −227.6%; Profit ÷ revenue.
Gross margin: 93.2%; 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: 2687%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.2%; 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 −£158m
Cash at bank: ▲25%; Now £9.4m
Headcount: —; Now 0
Deferred income: ▼44%; Now £32k
Fixed assets: ▼7%; Now £452m

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

Newfoundland Holdco Limitedultimate parent75–100%
Newfoundland Propco Limitedthis company

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

Subsidiaries (1)

Newfoundland Place LimitedRev. £25.1m · Profit £426k

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 2024 (profit −£38.3m), from the Companies House accounts bulk data published Oct 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.