Skip to content
CompanySight
Company No. 11186993 · Incorporated 5 Feb 2018

John Menzies Property 1 Limited

Registered name: JOHN MENZIES PROPERTY 1 LIMITED

Part of John Menzies Limited group

John Menzies Property 1 Limited made £2m revenue and £79k profit in the year to 31 Dec 2022. read from filing text

John Menzies Property 1 Limited’s revenue fell 3% to £2m in the year to 31 Dec 2022, with £79k profit and 2 employees. The company is classified under “other letting and operating of own or leased real estate” and is based in London; we hold 2 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
8 yrs · since 2018
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 Dec 2022

Key figures

Small teamYoung and profitable
Revenue
£2m
Growth ▼3%
Profit
£79k
Growth ▼85.7%
Profit margin
3.9%
 
Employees
2
Change ▼33.3%
Profit / employee
£39.5k
Revenue/employee £1m
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202131 Dec 2022
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£2.1m£2m
Operating profit£599k£103k
Profit before tax£551k£79k
Profit (best available)£551k£79k
Staff costs£63k£52k
Employees (average)32
Ratios
Profit margin26.4%3.9%
Revenue per employee£696k£1m
Profit per employee£184k£39.5k
Growth (year on year)
Revenue growth—▼3%
Profit growth—▼85.7%
Headcount growth—▼33.3%
Balance sheet — indirect signals, not revenue
Net assets£2.7m£2.7m
Debtors£0£42k
SourceFullAccounts · bulk data Jan 2024FullAccounts · bulk data Jan 2024
Derived from the latest filing

How the business works

Profit margin
3.9%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1m
Revenue ÷ average employees.
Profit per employee
£39.5k
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
2.1%
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
▲0%
Now £2.7m
Cash at bank
—
Now —
Headcount
▼33%
Now 2
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. John Menzies Limitedultimate parent75–100%
  2. John Menzies Property 1 Limitedthis company

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

Sister companies (13)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2022 (profit £79k), from the Companies House accounts bulk data published Jan 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.