How much does Park Properties Housing Association Ltd make?

Park Properties Housing Association Ltd reported revenue of £46.1m and £746k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Park Properties Housing Association Ltd have?

Park Properties Housing Association Ltd reported an average of 0 employees in the year to 31 Mar 2025.

Is Park Properties Housing Association Ltd profitable?

Yes — Park Properties Housing Association Ltd reported a profit of £746k in the year to 31 Mar 2025.

Company No. 11102291 · Incorporated 7 Dec 2017

Park Properties Housing Association Ltd

Registered name: PARK PROPERTIES HOUSING ASSOCIATION LTD

Part of Falcon Carrick Bidco Limited group

Park Properties Housing Association Ltd made £46.1m revenue and £746k profit in the year to 31 Mar 2025. read from filing text

Park Properties Housing Association Ltd’s revenue grew 25% to £46.1m in the year to 31 Mar 2025, with £746k profit and 0 employees. The company is classified under “renting and operating of housing association real estate” and is based in Manchester; we hold 4 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68201Renting and operating of Housing Association real estate

Status: Active
Location: Manchester, North West
Age: 8 yrs · since 2017
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. From the filing: “The company's parent undertaking at the balance sheet date was Hornsearle Property Group Limited, a company registered in England and Wales.”

Latest accounts · year to 31 Mar 2025

Key figures

Small teamOperating leverageDoing more with lessCash flow filed

Revenue

£46.1m

Growth ▲25.4%

Profit

£746k

Growth ▲184.6%

Profit margin

1.6%

Gross 3.5%

Employees

Change ▼100%

Profit / employee

—

Profitable streak

4yrs

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Profit only	Profit only	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	—	£36.8m	£46.1m
Cost of sales	—	—	£34.7m	£44.5m
Gross profit	—	—	£2m	£1.6m
Operating profit	—	—	£2.9m	£2.7m
Profit before tax	—	—	£463k	£519k
Profit after tax	£480k	£2.6m	£262k	£746k
Profit (best available)	£480k	£2.6m	£262k	£746k
Employees (average)	3	4	16	0
Ratios
Profit margin	—	—	0.7%	1.6%
Gross margin	—	—	5.5%	3.5%
Revenue per employee	—	—	£2.3m	—
Profit per employee	£160k	£651k	£16.4k	—
Cash conversion	—	—	152.7%	269.9%
Growth (year on year)
Revenue growth	—	—	—	▲25.4%
Profit growth	—	—	▼89.9%	▲184.6%
Headcount growth	—	—	▲300%	▼100%
Balance sheet — indirect signals, not revenue
Cash at bank	£804	£84.9k	£6.9m	£1.7m
Net assets	£566k	£3.2m	£13.4m	£14.2m
Current assets	£2.1m	£5m	£11.5m	£40.4m
Debtors	£17k	£11.4k	£144k	£147k
Deferred income	—	—	£0	£4.7m
Cash from operations	—	—	£4.4m	£7.3m
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 1.6%; Profit ÷ revenue.
Gross margin: 3.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: 269.9%; 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: 10.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.3%; 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: ▲6%; Now £14.2m
Cash at bank: ▼75%; Now £1.7m
Headcount: ▼100%; Now 0
Deferred income: —; Now £4.7m
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Falcon Carrick Bidco Limitedultimate parent75–100%
Park Properties Housing Association Ltdthis company

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

Subsidiaries (1)

Affordable Housing SPV 1 LimitedFigures not disclosed

Sister companies (3)

Ppha (Developments) LtdFigures not disclosed
Ppha (Rental) LtdFigures not disclosed
Ppha (So) LtdFigures 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 £746k), from the Companies House accounts bulk data published Sep 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.