How much does LR Cardiff Property Limited make?

LR Cardiff Property Limited reported revenue of £1.4m and £53k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

Is LR Cardiff Property Limited profitable?

Yes — LR Cardiff Property Limited reported a profit of £53k in the year to 31 Dec 2023.

Company No. 12352631 · Incorporated 6 Dec 2019

LR Cardiff Property Limited

Registered name: LR CARDIFF PROPERTY LIMITED

Part of London and Regional Group Properties Ltd group

LR Cardiff Property Limited made £1.4m revenue and £53k profit in the year to 31 Dec 2023.

LR Cardiff Property Limited’s revenue fell 7% to £1.4m in the year to 31 Dec 2023, with £53k profit. The company is classified under “buying and selling of own real estate” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSIC 68100Buying and selling of own real estate

Status: Active
Location: London
Age: 6 yrs · since 2019
Type: Private Limited Company

Latest accounts · year to 31 Dec 2023

Key figures

Revenue

£1.4m

Growth ▼7.2%

Profit

£53k

Growth —

Profit margin

3.9%

Gross 88.7%

Employees

—

Change —

Profit / employee

—

Profitable streak

1yr

Consecutive profitable years in our data

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.5m	£1.4m
Cost of sales	−£126k	−£155k
Gross profit	£1.3m	£1.2m
Operating profit	−£1.8m	£84k
Profit before tax	−£1.8m	£84k
Profit after tax	−£2m	£53k
Profit (best available)	−£2m	£53k
Employees (average)	—	—
Ratios
Profit margin	−136.3%	3.9%
Gross margin	91.5%	88.7%
Growth (year on year)
Revenue growth	—	▼7.2%
Balance sheet — indirect signals, not revenue
Net assets	—	—
Source	Accounts · bulk data Aug 2024	Accounts · bulk data Aug 2024

Derived from the latest filing

How the business works

Profit margin: 3.9%; Profit ÷ revenue.
Gross margin: 88.7%; 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

London and Regional Group Properties Ltdultimate parent75–100%
London and Regional Group Property Holdings Ltd75–100%
LR Cardiff Property Limitedthis company

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

Sister companies (40)

Michels Ventures 2 LimitedRev. £11.5m · Profit −£815k
Michels Ventures 3 LimitedRev. £8.9m · Profit −£177k
Michels Ventures 4 LimitedRev. £5.8m · Profit −£624k
Michels Ventures 5 LimitedRev. £0 · Profit −£417k
Albert Island Regeneration LimitedFigures not disclosed
Am-Coff LimitedFigures not disclosed
Bayford Properties LimitedActive - Proposal to Strike offFigures not disclosed
Dowtrade LimitedFigures not disclosed
Graingrade LimitedFigures not disclosed
Hotel (PL Property) LimitedFigures not disclosed
London & Regional (Empire) LimitedFigures not disclosed
London & Regional (HC Sites) LimitedFigures not disclosed
London & Regional (Health Clubs) LimitedFigures not disclosed
London & Regional (ST. Georges Court) LimitedFigures not disclosed
London & Regional Caribbean Investments LimitedFigures not disclosed
London & Regional Group Holdings LimitedFigures not disclosed
London & Regional Group Investments LimitedFigures not disclosed
London & Regional Homes LimitedFigures not disclosed
London & Regional Overseas LimitedFigures not disclosed
London and Regional Group Finance LimitedFigures not disclosed
London and Regional Properties LimitedFigures not disclosed
LR (Colet Court) LimitedFigures not disclosed
LR (Jamestown) LimitedFigures not disclosed
LR (Kensington) LimitedFigures not disclosed
LR Acquisition 3 LtdFigures not disclosed
LR Advertising Hoarding LimitedFigures not disclosed
LR Baker ST Mezz Holdco LimitedFigures not disclosed
LR Energy Investments LimitedFigures not disclosed
LR GR Holding 2 LtdFigures not disclosed
LR GR Holding LtdFigures not disclosed
LR Hack Pyramids LimitedFigures not disclosed
LR Hampstead LimitedFigures not disclosed
LR Newbury LimitedFigures not disclosed
LR Resort LimitedFigures not disclosed
LR Skipton and Bloomsbury LtdFigures not disclosed
LR Swiss Cottage LimitedFigures not disclosed
LR Uxbridge LimitedFigures not disclosed
Rubtrade LimitedFigures not disclosed
Srep Investments Holdco (UK) LtdFigures not disclosed
Tpe No. 2 LimitedFigures 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 Dec 2023 (profit £53k), from the Companies House accounts bulk data published Aug 2024. Spotted an error? Request a correction.

Updated from Companies House on 22 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.