Petchey Industrial Properties (No 2) Limited
Registered name: PETCHEY INDUSTRIAL PROPERTIES (NO 2) LIMITED
Part of Ihl Property Holdings Ltd groupPetchey Industrial Properties (No 2) Limited made £4.1m revenue and £27.9k profit in the year to 31 Dec 2024. read from filing text
Petchey Industrial Properties (No 2) Limited’s revenue grew 1% to £4.1m in the year to 31 Dec 2024, with £27.9k 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.
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £4.1m | £4.1m |
| Gross profit | £4.1m | £4.1m |
| Operating profit | £975k | £1.4m |
| Profit before tax | −£243k | £27.9k |
| Profit (best available) | −£243k | £27.9k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | −6% | 0.7% |
| Gross margin | 100% | 100% |
| Growth (year on year) | ||
| Revenue growth | — | ▲1.2% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £380k | £19k |
| Net assets | £20.4m | £20.5m |
| Debtors | £588k | £803k |
| Deferred income | £582k | £574k |
| Source | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 0.7%
- 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
- 14%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 19.6%
- 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
- ▲0%
- Now £20.5m
- Cash at bank
- ▼95%
- Now £19k
- Headcount
- —
- Now 0
- Deferred income
- ▼1%
- Now £574k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Ihl Property Holdings Ltd (registered outside the UK register)ultimate parent75–100%
- Petchey Industrial Investments Limited75–100%
- Petchey Industrial Properties (No 2) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Thameside Park (Barking) Management LimitedFigures not disclosed
Sister companies (8)
- Petchey Industrial Properties (No 3) LimitedRev. £5.6m · Profit £478k
- Petchey (Holdings) LimitedRev. £5.5m · Profit £763k
- Petchey Industrial Properties (No 5) Ltd LimitedRev. £5.5m · Profit −£539k
- Petchey Industrial Properties (No 1) LimitedRev. £4.7m · Profit £2.1m
- Petchey Industrial Properties (No 4) LimitedRev. £3.8m · Profit £178k
- Petchey Industrial Holdings LimitedRev. £3.4m · Profit −£4.6m
- Petchey Industrial Properties (No 10) LimitedRev. £89.9k · Profit £54.9k
- Petchey Investments LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £27.9k), from the Companies House accounts bulk data published Sep 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.