PROJECT LIGHT DEVELOPMENT 1 LIMITED

Accounts Submitted 17 Nov 2025

Confirmation Statement Submitted 9 Mar 2025

Net assets £92.69M £50.00K 2024 year on year

Total assets £94.83M £601.00K 2024 year on year

Total Liabilities £2.14M £551.00K 2024 year on year

Charges 4

3 outstanding 1 satisfied

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Contact & Details

Contact

Update Details

Registered Address

Bruce Kenrick House 2 Killick Street London N1 9FL

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

£6.00k

Decreased by £111.00k (-95%)

Net Assets

£92.69M

Decreased by £50.00k (-0%)

Total Liabilities

£2.14M

Decreased by £551.00k (-21%)

Turnover

N/A

Employees

N/A

Debt Ratio

Decreased by 1 (-33%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2022 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

Share Capital

Share allotments and capital structure

19 Allotments 864,803 Shares £426615.13m Total

Date From	Share Class	Shares Allotted	Amount Raised	Price/Share
22 Sept 2020	ORDINARY REDEEMABLE	805,395	£80.54m	£100
10 Nov 2016	B ORDINARY	5,687	£5.69m	£1k
6 Oct 2016	B ORDINARY	605	£366.03m	£605k
27 Sept 2016	B ORDINARY	3,218	£3.22m	£1k
12 Aug 2016	B ORDINARY	3,218	£3.22m	£1k

Officers

6 active 16 resigned

Show resigned officers

						Status
Mark Smith	Director	British	England	51	15 Apr 2024	Active
Matthew John Cornwall-jones	Director	British	England	58	3 Jan 2023	Active
Patrick Lanigan Franco	Director	British,american	England	43	3 Jan 2023	Active
Rajiv Simon Peter	Director	British	England	52	1 Apr 2022	Active
Tabitha Cecilia Ursula Kassem	Secretary	Unknown	Unknown	—	22 Apr 2025	Active
Vipulchandra Biharilal Thacker	Director	British	England	61	3 Apr 2018	Active

Shareholders

Shareholders (4)


Notting Hill Commercial Properties Ltd	58.9%	110,569	Ordinary	9 Mar 2025
Notting Hill Commercial Properties Limited	26.6%	50,000	Ordinary - B	9 Mar 2025
Notting Hill Commercial Properties Limited	14.5%	27,225	Ordinary-a	9 Mar 2025

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Notting Hill Commercial Properties Ltd

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

NOTTING HILL COMMERCIAL PROPERTIES LTD united kingdom

PROJECT LIGHT DEVELOPMENT 1 LIMITED Current Company

PROJECT LIGHT (MARKET RENT) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

3 outstanding 1 satisfied

Documents

Company Filings

Date	Category	Description	Document
4 Dec 2025	Officers	Termination of Vipulchandra Biharilal Thacker as director on 2025-11-27	View(1 page)
17 Nov 2025	Accounts	Annual accounts made up to 2025-03-31	View(23 pages)
27 Jun 2025	Officers	Termination of Katie Yallop as director on 2025-06-20	View(1 page)
25 Apr 2025	Officers	Appointment of Mrs Tabitha Cecilia Ursula Kassem as director on 2025-04-22	View(2 pages)
25 Apr 2025	Officers	Termination of Sara Thomson as director on 2025-04-22	View(1 page)