How many employees does Turner Property Limited have?

Turner Property Limited reported an average of 25 employees in the year to 31 Mar 2025.

Company No. 10347454 · Incorporated 26 Aug 2016

Turner Property Limited

Q: Is Turner Property Limited profitable?

No — Turner Property Limited reported a loss of £1.4m in the year to 31 Mar 2025.

Registered name: TURNER PROPERTY LIMITED

Part of Pelham Capital Investments Ltd group

Turner Property Limited made a £1.4m loss in the year to 31 Mar 2025 (revenue not disclosed).

Turner Property Limited reported a loss of £1.4m in the year to 31 Mar 2025; its revenue was not disclosed. It had 25 employees. The company is classified under “other letting and operating of own or leased real estate” and is based in Reading; we hold 4 years of its filed accounts.

Profit onlySection L · Real estate activitiesSIC 68209Other letting and operating of own or leased real estate

Status: Active
Location: Reading, South East
Age: 10 yrs · since 2016
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 2025

Key figures

Revenue

—

Not disclosed in filing

Profit

−£1.4m

Growth —

Profit margin

—

Employees

Change ▼19.4%

Profit / employee

−£55.9k

Profitable streak

0yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Profit only	Profit only	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—	—	—
Profit after tax	£2.7m	−£2.1m	−£2.7m	−£1.4m
Profit (best available)	£2.7m	−£2.1m	−£2.7m	−£1.4m
Staff costs	£1.9m	£2m	£1.7m	£1.4m
Employees (average)	35	36	31	25
Ratios
Profit margin	—	—	—	—
Profit per employee	£76.3k	−£57.1k	−£86.6k	−£55.9k
Growth (year on year)
Profit growth	—	▼177%	—	—
Headcount growth	—	▲2.9%	▼13.9%	▼19.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.2m	£798k	£1m	£988k
Net assets	£36.5m	£34.5m	£31.8m	£30.4m
Fixed assets	£90.3m	£97.4m	£96.8m	£97.8m
Current assets	£12.5m	£12.6m	£11.5m	£11.3m
Debtors	£83.9k	£33.9k	£30.9k	£25.5k
Deferred income	£175k	£550k	£601k	£569k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	Accounts · bulk data Mar 2025	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: −£55.9k; 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: ▼4%; Now £30.4m
Cash at bank: ▼3%; Now £988k
Headcount: ▼19%; Now 25
Deferred income: ▼5%; Now £569k
Fixed assets: ▲1%; Now £97.8m

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

Pelham Capital Investments Ltdultimate parent75–100%
Turner Property Limitedthis company

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

Subsidiaries (2)

Turner Estates Lettings LimitedFigures not disclosed
Turner Holiday Rentals LimitedRev. — · Profit £120k

Sister companies (4)

Durnford Capital LtdFigures not disclosed
Exchange 1 2 Bidco LimitedFigures not disclosed
Pelham Pubs LimitedFigures not disclosed
QSH Bidco LimitedFigures not disclosed

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 Mar 2025 (profit −£1.4m), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.