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Company No. 13532483 · Incorporated 27 Jul 2021

Life Science Reit Limited

Registered name: LIFE SCIENCE REIT LIMITED

Part of British Land Company Public Limited Company(The) group

Life Science Reit Limited made £20.3m revenue and a £14m loss in the year to 31 Dec 2024.

Life Science Reit Limited’s revenue was £20.3m in the year to 31 Dec 2024, with a loss of £14m. The company is classified under “other letting and operating of own or leased real estate” and is based in London.

Full P&L filedSection L · Real estate activitiesSIC 68209Other letting and operating of own or leased real estate
Status
Active
Location
London, London
Age
5 yrs · since 2021
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 2024

Key figures

Revenue
£20.3m
Growth —
Profit
−£14m
Growth —
Profit margin
−68.8%
Gross 71%
Employees
—
Change —
Profit / employee
—
 
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.

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 2024
DisclosureFull P&L
Profit & loss
Revenue (turnover)£20.3m
Cost of sales−£5.9m
Gross profit£14.4m
Operating profit−£7.8m
Profit before tax−£14m
Profit after tax−£14m
Profit (best available)−£14m
Employees (average)—
Ratios
Profit margin−68.8%
Gross margin71%
Balance sheet — indirect signals, not revenue
Net assets—
SourceAccounts · bulk data Aug 2026
Derived from the latest filing

How the business works

Profit margin
−68.8%
Profit ÷ revenue.
Gross margin
71%
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

  1. British Land Company Public Limited Company(The)ultimate parent75–100%
  2. Life Science Reit Limitedthis company

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

Subsidiaries (2)

Sister companies (11)

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

Sources

Latest figures from accounts for the year to 31 Dec 2024 (profit −£14m), from the Companies House accounts bulk data published Aug 2026. 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.