How much does Quidnet Reit Limited make?

Quidnet Reit Limited reported revenue of £1.8m and a loss of £461k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Quidnet Reit Limited have?

Quidnet Reit Limited reported an average of 3 employees in the year to 31 Dec 2025.

Is Quidnet Reit Limited profitable?

No — Quidnet Reit Limited reported a loss of £461k in the year to 31 Dec 2025.

Company No. 09718143 · Incorporated 5 Aug 2015

Quidnet Reit Limited

Registered name: QUIDNET REIT LIMITED

Quidnet Reit Limited made £1.8m revenue and a £461k loss in the year to 31 Dec 2025. read from filing text

Quidnet Reit Limited’s revenue fell 10% to £1.8m in the year to 31 Dec 2025, with a loss of £461k and 3 employees. The company is classified under “other letting and operating of own or leased real estate” and is based in London; we hold 4 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: 11 yrs · since 2015
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentSmall team

Revenue

£1.8m

Growth ▼10.3%

Profit

−£461k

Growth ▼147.4%

Profit margin

−25.5%

Gross 79.2%

Employees

Change 0%

Profit / employee

−£154k

Revenue/employee £602k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Profit only	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	£2.4m	£2m	£1.8m
Cost of sales	£419k	£192k	£360k	£376k
Gross profit	—	£2.2m	£1.7m	£1.4m
Operating profit	—	£2.2m	£1.7m	£1.1m
Profit before tax	£1.7m	£846k	£1.4m	−£699k
Profit after tax	£1.2m	£1.2m	£971k	−£461k
Profit (best available)	£1.2m	£1.2m	£971k	−£461k
Employees (average)	—	3	3	3
Ratios
Profit margin	—	52.2%	48.2%	−25.5%
Gross margin	—	91.9%	82.1%	79.2%
Revenue per employee	—	£790k	£671k	£602k
Profit per employee	—	£412k	£324k	−£154k
Cash conversion	—	−80.8%	—	—
Growth (year on year)
Revenue growth	—	—	▼15%	▼10.3%
Profit growth	—	▲2.7%	▼21.5%	▼147.4%
Headcount growth	—	—	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£633k	£642k	£801k	£555k
Net assets	£17.5m	£17.5m	£18m	£16.3m
Current assets	£3m	£2.7m	£3.2m	£2.9m
Debtors	£527k	£361k	£630k	£333k
Cash from operations	−£1.4m	−£1.8m	—	—
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −25.5%; Profit ÷ revenue.
Gross margin: 79.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £602k; Revenue ÷ average employees.
Profit per employee: −£154k; 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: 18.4%; 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: ▼9%; Now £16.3m
Cash at bank: ▼31%; Now £555k
Headcount: 0%; Now 3
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Minority corporate shareholders

Mattioli Woods Limited 25–50%

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 −£461k), 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.