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Company No. 04512289 · Incorporated 15 Aug 2002

Cromwood Ltd

Registered name: CROMWOOD LTD

Part of M & P Leadale Group Ltd group

Cromwood 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.

Full P&L filedSection L · Real estate activitiesSIC 68320Management of real estate on a fee or contract basis
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.

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightCash flow filed
Revenue
£79.6m
Growth ▼43.7%
Profit
£12.5m
Growth ▼56.9%
Profit margin
15.8%
Gross 31.1%
Employees
136
Change ▲0.7%
Profit / employee
£92.2k
Revenue/employee £586k
Profitable streak
3yrs
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 to31 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull 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)60135136
Ratios
Profit margin22.2%20.6%15.8%
Gross margin30.8%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
SourceFullAccounts · bulk data Jun 2025FullAccounts · bulk data Jun 2025FullAccounts · bulk data Mar 2026
Derived from the latest filing

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.
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
▲0%
Now £28.2m
Cash at bank
▼99%
Now £262k
Headcount
▲1%
Now 136
Deferred income
—
Now —
Fixed assets
▼35%
Now £2.2m
Corporate ownership

Group structure

Ownership chain

  1. M & P Leadale Group Ltdultimate parent50–75%
  2. Cromwood Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Minority corporate shareholders

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.