North Lanarkshire Properties LLP
Registered name: NORTH LANARKSHIRE PROPERTIES LLP
Part of North Lanarkshire Council groupNorth Lanarkshire Properties LLP made £6.7m revenue and £7.4m profit in the year to 31 Mar 2023.
North Lanarkshire Properties LLP’s revenue grew 5% to £6.7m in the year to 31 Mar 2023, with £7.4m profit and 12 employees. The company is based in Motherwell; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Motherwell, Scotland
- Age
- 13 yrs · since 2012
- 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.
Key figures
Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £6.3m | £6.7m |
| Gross profit | £6.3m | £6.7m |
| Operating profit | £3.6m | £8.9m |
| Profit before tax | £1.8m | £7.4m |
| Profit after tax | £1.8m | £7.4m |
| Profit (best available) | £1.8m | £7.4m |
| Employees (average) | 14 | 12 |
| Ratios | ||
| Profit margin | 28.8% | 110.4% |
| Gross margin | 100% | 100% |
| Revenue per employee | £454k | £556k |
| Profit per employee | £131k | £613k |
| Growth (year on year) | ||
| Revenue growth | — | ▲5% |
| Profit growth | — | ▲302.6% |
| Headcount growth | — | ▼14.3% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £9.1m | £9.2m |
| Net assets | £40.3m | £47.7m |
| Fixed assets | £68.9m | £74.2m |
| Current assets | £9.9m | £9.7m |
| Debtors | £840k | £505k |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 |
How the business works
- Profit margin
- 110.4%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £556k
- Revenue ÷ average employees.
- Profit per employee
- £613k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1113%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.6%
- 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
- ▲18%
- Now £47.7m
- Cash at bank
- ▲1%
- Now £9.2m
- Headcount
- ▼14%
- Now 12
- Deferred income
- —
- Now —
- Fixed assets
- ▲8%
- Now £74.2m
Group structure
Ownership chain
- North Lanarkshire Council (registered outside the UK register)ultimate parent75–100%
- North Lanarkshire Properties LLPthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2023 (profit £7.4m), from the Companies House accounts bulk data published Oct 2023. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.