How much does Frep 4 (Kensington) Limited make?

Frep 4 (Kensington) Limited reported revenue of £18.1m and a loss of £2.4m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Frep 4 (Kensington) Limited have?

Frep 4 (Kensington) Limited reported an average of 108 employees in the year to 31 Dec 2025.

Is Frep 4 (Kensington) Limited profitable?

No — Frep 4 (Kensington) Limited reported a loss of £2.4m in the year to 31 Dec 2025.

Company No. 13861113 · Incorporated 20 Jan 2022

Frep 4 (Kensington) Limited

Registered name: FREP 4 (KENSINGTON) LIMITED

Part of Frep 4 (Hotel) GP LLP group

Frep 4 (Kensington) Limited made £18.1m revenue and a £2.4m loss in the year to 31 Dec 2025.

Frep 4 (Kensington) Limited’s revenue fell 1% to £18.1m in the year to 31 Dec 2025, with a loss of £2.4m and 108 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.

Full P&L filedSection L · Real estate activitiesSIC 68209Other letting and operating of own or leased real estate

Status: Active
Location: London, London
Age: 4 yrs · since 2022
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 2025

Key figures

Revenue

£18.1m

Growth ▼0.8%

Profit

−£2.4m

Growth ▼129.9%

Profit margin

−13.3%

Gross 24.2%

Employees

108

Change ▼26%

Profit / employee

−£22.2k

Revenue/employee £167k

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 to	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£17.8m	£18.2m	£18.1m
Cost of sales	−£12.7m	−£13.2m	−£13.7m
Gross profit	£5.1m	£5m	£4.4m
Operating profit	−£2.8m	£14.6m	£3.7m
Profit before tax	−£9m	£8m	−£2.4m
Profit after tax	−£8.9m	£8m	−£2.4m
Profit (best available)	−£8.9m	£8m	−£2.4m
Employees (average)	121	146	108
Ratios
Profit margin	−50.3%	43.9%	−13.3%
Gross margin	28.7%	27.5%	24.2%
Revenue per employee	£147k	£125k	£167k
Profit per employee	−£73.9k	£54.9k	−£22.2k
Growth (year on year)
Revenue growth	—	▲2.6%	▼0.8%
Profit growth	—	—	▼129.9%
Headcount growth	—	▲20.7%	▼26%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Aug 2025	Accounts · bulk data Aug 2025	Accounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: −13.3%; Profit ÷ revenue.
Gross margin: 24.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £167k; Revenue ÷ average employees.
Profit per employee: −£22.2k; 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: ▼26%; Now 108
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Frep 4 (Hotel) GP LLPultimate parent75–100%
Frep 4 (Hotel) Holdings Limited75–100%
Frep 4 (Kensington) Limitedthis company

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

Subsidiaries (2)

Frep 4 (Kensington) Propco LimitedRev. £4.9m · Profit −£1.5m
Frep 4 (Kensington) Opco LimitedFigures not disclosed

Sister companies (2)

Frep 4 (Northampton) LimitedRev. £5m · Profit £425k
Frep 4 (Thurrock) LimitedRev. £2.8m · Profit £80.8k

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 accounts for the year to 31 Dec 2025 (profit −£2.4m), from the Companies House accounts bulk data published Jun 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.