AREA ESTATES LIMITED - Profile & Financials

Accounts Submitted 28 Nov 2024

Confirmation Statement Submitted 10 Apr 2025

Net assets £9.38M £4.29M 2024 year on year

Total assets £205.63M £22.00M 2024 year on year

Total Liabilities £196.25M £17.71M 2024 year on year

Charges 3

1 outstanding 2 satisfied

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Contact & Details

Contact

Update Details

Registered Address

12th Floor Aldgate Tower 2 Leman Street London E1W 9US United Kingdom

Credit Report

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Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

£203.54k

Decreased by £24.54k (-11%)

Net Assets

£9.38M

Increased by £4.29M (+84%)

Total Liabilities

£196.25M

Increased by £17.71M (+10%)

Turnover

£57.59M

Decreased by £22.67M (-28%)

Employees

Debt Ratio

95%

Decreased by 2 (-2%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2023 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

5 active 5 resigned

Show resigned officers

						Status
David Alan Pears	Director	British	United Kingdom	57	9 Apr 2004	Active
Mark Andrew Pears	Director	British	United Kingdom	63	9 Apr 2004	Active
Trevor Steven Pears	Director	British	United Kingdom	61	9 Apr 2004	Active
William Frederick Bennett	Secretary	Unknown	Unknown	—	15 Mar 2013	Active
Wpg Registrars Limited	Corporate-director	United Kingdom	Unknown	—	19 Jul 2005	Active

Shareholders

Shareholders (1)


The William Pears Group Of Companies Limited	100.0%	999	Ordinary	12 Apr 2016

Persons with Significant Control

Persons with Significant Control (1)

1 Active

The William Pears Group Of Companies Limited

United Kingdom

Active

Notified 6 Apr 2016

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

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Group Structure

WILLIAM PEARS GROUP OF COMPANIES LIMITED(THE) united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

WILLIAM PEARS GROUP INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

WILLIAM PEARS GROUP LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent

THE BANK OF N T BUTTERFIELD & SON LIMITED bermuda

AREA ESTATES LIMITED Current Company

COPPER ESTATES LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent

MARIGOLD AVENUE (GATESHEAD) MANAGEMENT COMPANY LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

MILL AND BRIDGEWATER HOUSE MANAGEMENT LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

ORCHARD CLOSE THE REDDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

POINT ESTATES LLP united kingdom voting rights 25 to 50 percent limited liability partnership, right to share surplus assets 25 to 50 percent limited liability partnership

RIVERSIDE WALK (MILL END) MANAGEMENT COMPANY LIMITED united kingdom significant influence or control

ROCKALL WAY MANAGEMENT COMPANY LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

STOCKING HILL MANAGEMENT COMPANY LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

STYLES CLOSE MANAGEMENT COMPANY LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

TUFFLEY PROPERTY MANAGEMENT COMPANY LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

Charges

1 outstanding 2 satisfied

Documents

Company Filings

Date	Category	Description	Document
10 Apr 2025	Confirmation Statement	Confirmation statement made on 2025-04-10 with no updates	View(3 pages)
28 Nov 2024	Accounts	Annual accounts made up to 2024-04-30	View(25 pages)
16 Apr 2024	Confirmation Statement	Confirmation statement made on 2024-04-11 with no updates	View(3 pages)
3 Apr 2024	Persons With Significant Control	Change to The William Pears Group of Companies Limited as a person with significant control on 2024-04-02	View(2 pages)
2 Apr 2024	Address	Change Registered Office Address Company With Date Old Address New Address	View(1 page)