Crest Nicholson (Wheatley) LLP
Registered name: CREST NICHOLSON (WHEATLEY) LLP
Crest Nicholson (Wheatley) LLP made £2.1m revenue and a £1.3m loss in the year to 31 Oct 2024. read from filing text
Crest Nicholson (Wheatley) LLP’s revenue grew 258% to £2.1m in the year to 31 Oct 2024, with a loss of £1.3m and 0 employees. The company is based in Addlestone; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Addlestone, London
- Age
- 6 yrs · since 2020
- 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.
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. From the filing: “The LLP is jointly controlled by Crest Nicholson Operations Limited and Crest Homes (Nominees) Limited. Both entities are under the control of Crest Nicholson Holdings PLC.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2023 | 31 Oct 2024 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £593k | £2.1m |
| Cost of sales | £0 | £3.6k |
| Gross profit | £593k | £2.1m |
| Operating profit | £585k | £2.1m |
| Profit after tax | −£64.7k | −£1.3m |
| Profit (best available) | −£64.7k | −£1.3m |
| Employees (average) | — | 0 |
| Ratios | ||
| Profit margin | −10.9% | −62.8% |
| Gross margin | 100% | 99.8% |
| Growth (year on year) | ||
| Revenue growth | — | ▲257.8% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2025 |
How the business works
- Profit margin
- −62.8%
- Profit ÷ revenue.
- Gross margin
- 99.8%
- 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.
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 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Minority corporate shareholders
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Oct 2024 (profit −£1.3m), from the Companies House accounts bulk data published Jul 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.