How much does Shared Pads Renting LLP make?

Shared Pads Renting LLP reported revenue of £356k and a loss of £1.5m in the year to 30 Sep 2024, according to its accounts filed at Companies House.

How many employees does Shared Pads Renting LLP have?

Shared Pads Renting LLP reported an average of 0 employees in the year to 30 Sep 2024.

Is Shared Pads Renting LLP profitable?

No — Shared Pads Renting LLP reported a loss of £1.5m in the year to 30 Sep 2024.

Company No. OC416663 · Incorporated 30 Mar 2017

Shared Pads Renting LLP

Registered name: SHARED PADS RENTING LLP

Shared Pads Renting LLP made £356k revenue and a £1.5m loss in the year to 30 Sep 2024.

Shared Pads Renting LLP’s revenue fell 64% to £356k in the year to 30 Sep 2024, with a loss of £1.5m and 0 employees. The company is based in London; we hold 3 years of its filed accounts.

Full P&L filed

Status: Active
Location: London, London
Age: 9 yrs · since 2017
Type: Limited Liability Partnership

Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. It is excluded from our opportunity lists.

Latest accounts · year to 30 Sep 2024

Key figures

IndependentSmall team

Revenue

£356k

Growth ▼64.3%

Profit

−£1.5m

Growth ▼1887%

Profit margin

−410.7%

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2022	30 Sep 2023	30 Sep 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.3m	£996k	£356k
Operating profit	£1.5m	£569k	−£1.4m
Profit after tax	£983k	£81.8k	−£1.5m
Profit (best available)	£983k	£81.8k	−£1.5m
Employees (average)	0	0	0
Ratios
Profit margin	75.3%	8.2%	−410.7%
Growth (year on year)
Revenue growth	—	—	▼64.3%
Profit growth	—	—	▼1887%
Balance sheet — indirect signals, not revenue
Cash at bank	£32.3k	£10.7k	£4.8k
Net assets	—	—	—
Fixed assets	£19.7m	£19.8m	£18.2m
Current assets	£177k	£449k	£902k
Debtors	£5.5k	£11.8k	£9.1k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: −410.7%; Profit ÷ revenue.
Gross margin: —; 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: 5111%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2.5%; 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: ▼55%; Now £4.8k
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: ▼8%; Now £18.2m

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2024 (profit −£1.5m), from the Companies House accounts bulk data published Oct 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.