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Company No. 10385637 · Incorporated 20 Sep 2016

Located Property Limited

Registered name: LOCATED PROPERTY LIMITED

Part of Secretary Of State For Education group

Located Property Limited made £0 revenue and a £8.1m loss in the year to 31 Mar 2024.

Located Property Limited’s revenue was £0 in the year to 31 Mar 2024, with a loss of £8.1m and 54 employees. The company is classified under “other letting and operating of own or leased real estate” and is based in London; we hold 3 years of its filed accounts.

Status
Active - Proposal to Strike off
Location
London, London
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 2024

Key figures

Revenue
£0
Growth —
Profit
−£8.1m
Growth —
Profit margin
—
 
Employees
54
Change ▲1.9%
Profit / employee
−£150k
Revenue/employee £0
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 to31 Mar 202231 Mar 202331 Mar 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£0£0£0
Cost of sales£0£0£0
Gross profit£0£0£0
Operating profit−£9.4m−£7.7m−£8.1m
Profit before tax−£9.4m−£7.7m−£8.1m
Profit after tax−£9.4m−£7.7m−£8.1m
Profit (best available)−£9.4m−£7.7m−£8.1m
Employees (average)535354
Ratios
Profit margin———
Revenue per employee£0£0£0
Profit per employee−£178k−£146k−£150k
Growth (year on year)
Headcount growth—0%▲1.9%
Balance sheet — indirect signals, not revenue
Cash at bank£1.1m£912k£224k
Net assets−£244k−£161k−£893k
Fixed assets£0£0£0
Current assets£1.2m£1.1m£685k
Debtors£16k£126k£126k
Deferred income£1.3m£1m£1.2m
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024
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
£0
Revenue ÷ average employees.
Profit per employee
−£150k
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 −£893k
Cash at bank
▼75%
Now £224k
Headcount
▲2%
Now 54
Deferred income
▲14%
Now £1.2m
Fixed assets
—
Now £0

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

  1. Secretary Of State For Education (registered outside the UK register)ultimate parent75–100%
  2. Located Property 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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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit −£8.1m), from the Companies House accounts bulk data published Dec 2024. 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.