How many employees does Redwood Residences Ltd have?

Redwood Residences Ltd reported an average of 2 employees in the year to 31 Dec 2024.

Is Redwood Residences Ltd profitable?

Yes — Redwood Residences Ltd reported a profit of £208k in the year to 31 Dec 2024.

Company No. 15102647 · Incorporated 29 Aug 2023

Redwood Residences Ltd

Registered name: REDWOOD RESIDENCES LTD

Redwood Residences Ltd made £208k profit in the year to 31 Dec 2024 (revenue not disclosed).

Redwood Residences Ltd reported £208k profit in the year to 31 Dec 2024; its revenue was not disclosed. It had 2 employees. The company is classified under “renting and operating of housing association real estate” and is based in Ilford.

Profit onlySection L · Real estate activitiesSIC 68201Renting and operating of Housing Association real estate

Status: Active
Location: Ilford, London
Age: 3 yrs · since 2023
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

Small teamYoung and profitable

Revenue

—

Not disclosed in filing

Profit

£208k

Growth —

Profit margin

—

Employees

Change —

Profit / employee

£104k

Profitable streak

1yr

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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 to	31 Dec 2024
Disclosure	Profit only
Profit & loss
Revenue (turnover)	—
Profit after tax	£208k
Profit (best available)	£208k
Employees (average)	2
Ratios
Profit margin	—
Profit per employee	£104k
Balance sheet — indirect signals, not revenue
Cash at bank	£369k
Net assets	−£83.7k
Fixed assets	£1.4k
Current assets	£445k
Debtors	£63.9k
Source	FullAccounts · bulk data May 2025

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: £104k; 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 −£83.7k
Cash at bank: —; Now £369k
Headcount: —; Now 2
Deferred income: —; Now —
Fixed assets: —; Now £1.4k

Corporate ownership

Group structure

Ownership chain

Sequoia Group Ltdultimate parent75–100%
Redwood Residences Ltdthis company

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

Sister companies (2)

Namaa Ventures LtdFigures not disclosed
Sequoia Homes LtdFigures not disclosed

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £208k), from the Companies House accounts bulk data published May 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.