Cromwood Ltd
Registered name: CROMWOOD LTD
Part of M & P Leadale Group Ltd groupCromwood Ltd made £79.6m revenue and £12.5m profit in the year to 31 Mar 2025.
Cromwood Ltd’s revenue fell 44% to £79.6m in the year to 31 Mar 2025, with £12.5m profit and 136 employees. The company is classified under “management of real estate on a fee or contract basis” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 24 yrs · since 2002
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £104m | £141m | £79.6m |
| Cost of sales | £72.2m | £96.1m | £54.9m |
| Gross profit | £32.1m | £45.4m | £24.7m |
| Profit before tax | £28.6m | £38.8m | £16.8m |
| Profit after tax | £23.2m | £29.1m | £12.5m |
| Profit (best available) | £23.2m | £29.1m | £12.5m |
| Staff costs | £1.4m | £2.6m | £2.7m |
| Employees (average) | 60 | 135 | 136 |
| Ratios | |||
| Profit margin | 22.2% | 20.6% | 15.8% |
| Gross margin | 30.8% | 32.1% | 31.1% |
| Revenue per employee | £1.7m | £1m | £586k |
| Profit per employee | £386k | £216k | £92.2k |
| Growth (year on year) | |||
| Revenue growth | — | ▲35.7% | ▼43.7% |
| Profit growth | — | ▲25.6% | ▼56.9% |
| Headcount growth | — | ▲125% | ▲0.7% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £14.7m | £26.4m | £262k |
| Net assets | £21.1m | £28.2m | £28.2m |
| Fixed assets | £2.2m | £3.3m | £2.2m |
| Current assets | £33m | £51.3m | £33.3m |
| Debtors | £4.9m | £3m | £4.3m |
| Cash from operations | −£22.9m | −£34.2m | −£4.2m |
| Source | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 15.8%
- Profit ÷ revenue.
- Gross margin
- 31.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £586k
- Revenue ÷ average employees.
- Profit per employee
- £92.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5.4%
- 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
- ▲0%
- Now £28.2m
- Cash at bank
- ▼99%
- Now £262k
- Headcount
- ▲1%
- Now 136
- Deferred income
- —
- Now —
- Fixed assets
- ▼35%
- Now £2.2m
Group structure
Ownership chain
- M & P Leadale Group Ltdultimate parent50–75%
- Cromwood Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Minority corporate shareholders
- Cliffton Group Ltd 25–50%
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Stoford Properties LimitedBirmingham · Management of real estate on a fee or contract basis
- Revenue
- £82.3m
- Profit
- £5.5m
- Staff
- 22
- Mapp (Property Management) LimitedLondon · Management of real estate on a fee or contract basis
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- £65.6m
- Profit
- £13.2m
- Staff
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- Admiral Taverns (Chester) LimitedLondon · Management of real estate on a fee or contract basis
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- £62.7m
- Profit
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- Cardo (South) LimitedCardiff · Management of real estate on a fee or contract basis
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- £52.6m
- Profit
- £818k
- Staff
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- Finefair LimitedIlford · Management of real estate on a fee or contract basis
- Revenue
- £49.9m
- Profit
- £3.6m
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- Connect Lettings and Management LimitedLondon · Management of real estate on a fee or contract basis
- Revenue
- £47.7m
- Profit
- £1.5m
- Staff
- 41
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £12.5m), from the Companies House accounts bulk data published Mar 2026. 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.