How much does Faro Properties II Limited make?

Faro Properties II Limited reported revenue of £415k and a loss of £574k in the year to 31 Mar 2025, according to its accounts filed at Companies House.

Is Faro Properties II Limited profitable?

No — Faro Properties II Limited reported a loss of £574k in the year to 31 Mar 2025.

Company No. 10229691 · Incorporated 13 Jun 2016

Faro Properties II Limited

Registered name: FARO PROPERTIES II LIMITED

Part of Ipgl (Holdings) Limited group

Faro Properties II Limited made £415k revenue and a £574k loss in the year to 31 Mar 2025.

Faro Properties II Limited’s revenue grew 7% to £415k in the year to 31 Mar 2025, with a loss of £574k. The company is classified under “activities of financial services holding companies” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSIC 64205Activities of financial services holding companies

Status: Active
Location: London
Age: 10 yrs · since 2016
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

Revenue

£415k

Growth ▲6.8%

Profit

−£574k

Growth ▼218.6%

Profit margin

−138.1%

Gross 56.7%

Employees

—

Change —

Profit / employee

—

Profitable streak

0yrs

Consecutive profitable years in our data

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£389k	£415k
Cost of sales	−£192k	−£180k
Gross profit	£197k	£235k
Operating profit	£484k	−£574k
Profit before tax	£484k	−£574k
Profit after tax	£484k	−£574k
Profit (best available)	£484k	−£574k
Employees (average)	—	—
Ratios
Profit margin	124.3%	−138.1%
Gross margin	50.7%	56.7%
Growth (year on year)
Revenue growth	—	▲6.8%
Profit growth	—	▼218.6%
Balance sheet — indirect signals, not revenue
Net assets	—	—
Source	Accounts · bulk data Jan 2025	Accounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: −138.1%; Profit ÷ revenue.
Gross margin: 56.7%; 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

Ipgl (Holdings) Limitedultimate parent75–100%
Ipgl Limited75–100%
Faro Capital Limited75–100%
Faro Property Holdings Limited75–100%
Faro Properties II Limitedthis company

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

Sister companies (4)

Astbury Hall LimitedFigures not disclosed
Faro Properties VIII LimitedActive - Proposal to Strike offFigures not disclosed
FP NO3 (2023) LimitedLiquidationFigures not disclosed
FP NO6 (2022) LtdLiquidationFigures not disclosed

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

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2025 (profit −£574k), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.

Updated from Companies House on 16 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.