United Real Estate Ltd
Registered name: UNITED REAL ESTATE LTD
United Real Estate Ltd made £1m revenue and £521k profit in the year to 31 Dec 2024.
United Real Estate Ltd’s revenue fell 1% to £1m in the year to 31 Dec 2024, with £521k profit and 4 employees. The company is classified under “other letting and operating of own or leased real estate” and is based in Glasgow; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 36 yrs · since 1990
- 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. From the filing: “United Holdings Uk Ltd”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £1m | £1m |
| Gross profit | — | — | £1m | £1m |
| Operating profit | — | — | £803k | £856k |
| Profit before tax | — | — | £647k | £719k |
| Profit after tax | — | — | £481k | £521k |
| Profit (best available) | — | — | £481k | £521k |
| Staff costs | — | — | £47.8k | £36.2k |
| Employees (average) | 0 | 0 | 4 | 4 |
| Ratios | ||||
| Profit margin | — | — | 47% | 51.4% |
| Gross margin | — | — | 100% | 100% |
| Revenue per employee | — | — | £256k | £254k |
| Profit per employee | — | — | £120k | £130k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼0.8% |
| Profit growth | — | — | — | ▲8.4% |
| Headcount growth | — | — | — | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £683k | £292k | £607k | £644k |
| Net assets | £3.2m | £3.5m | £4m | £4.5m |
| Fixed assets | £8.1m | £10.6m | £10.5m | £10.4m |
| Current assets | £780k | £538k | £1m | £940k |
| Debtors | £33.9k | £34.1k | £40.7k | £76.4k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FilletedAccounts · bulk data Dec 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 51.4%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £254k
- Revenue ÷ average employees.
- Profit per employee
- £130k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1027%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.5%
- 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
- ▲13%
- Now £4.5m
- Cash at bank
- ▲6%
- Now £644k
- Headcount
- 0%
- Now 4
- Deferred income
- —
- Now —
- Fixed assets
- ▼1%
- Now £10.4m
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £521k), from the Companies House accounts bulk data published Nov 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.