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Company No. 08603313 · Incorporated 9 Jul 2013

Petchey Industrial Properties (No 1) Limited

Registered name: PETCHEY INDUSTRIAL PROPERTIES (NO 1) LIMITED

Part of Ihl Property Holdings Ltd group

Petchey Industrial Properties (No 1) Limited made £4.7m revenue and £2.1m profit in the year to 31 Dec 2024. read from filing text

Petchey Industrial Properties (No 1) Limited’s revenue grew 5% to £4.7m in the year to 31 Dec 2024, with £2.1m profit and 0 employees. The company is classified under “other letting and operating of own or leased real estate” and is based in London; we hold 2 years of its filed accounts.

Full profit & loss filedSection L · Real estate activitiesSIC 68209Other letting and operating of own or leased real estate
Status
Active
Location
London, London
Age
13 yrs · since 2013
Type
Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. 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.

Latest accounts · year to 31 Dec 2024

Key figures

Small team
Revenue
£4.7m
Growth ▲4.5%
Profit
£2.1m
Growth ▼0.3%
Profit margin
43.5%
Gross 100%
Employees
0
Change —
Profit / employee
—
 
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202331 Dec 2024
DisclosureProfit & lossread from filing textProfit & lossread from filing text
Profit & loss
Revenue (turnover)£4.5m£4.7m
Gross profit£4.5m£4.7m
Operating profit£2.1m£2.1m
Profit before tax£2.1m£2.1m
Profit (best available)£2.1m£2.1m
Employees (average)00
Ratios
Profit margin45.7%43.5%
Gross margin100%100%
Growth (year on year)
Revenue growth—▲4.5%
Profit growth—▼0.3%
Balance sheet — indirect signals, not revenue
Cash at bank£630k£227k
Net assets£34.5m£36.6m
Debtors£582k£634k
Deferred income£667k£656k
SourceFullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
43.5%
Profit ÷ revenue.
Gross margin
100%
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
13.9%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
13.4%
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
▲6%
Now £36.6m
Cash at bank
▼64%
Now £227k
Headcount
—
Now 0
Deferred income
▼2%
Now £656k
Fixed assets
—
Now —

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Ihl Property Holdings Ltd (registered outside the UK register)ultimate parent75–100%
  2. Petchey Industrial Investments Limited75–100%
  3. Petchey Industrial Properties (No 1) Limitedthis company

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

Sister companies (8)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £2.1m), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.