PROJECT LIGHT (MARKET RENT) LIMITED

Accounts Submitted 17 Nov 2025

Confirmation Statement Submitted 2 Apr 2025

Net assets £69.07M £79.00K 2024 year on year

Total assets £89.26M £4.92M 2024 year on year

Total Liabilities £20.19M £4.84M 2024 year on year

Charges 2

2 outstanding

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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

£12.00k

Decreased by £1.05M (-99%)

Net Assets

£69.07M

Increased by £79.00k (+0%)

Total Liabilities

£20.19M

Increased by £4.84M (+31%)

Turnover

£430.00k

Increased by £350.00k (+438%)

Employees

N/A

Debt Ratio

23%

Increased by 5 (+28%)

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

24 Allotments 857,164 Shares £436959.90m Total

Date From	Share Class	Shares Allotted	Amount Raised	Price/Share
22 Sept 2020	ORDINARY REDEEMABLE	805,395	£80.54m	£100
10 Nov 2016	ORDINARY	5,687	£5.69m	£1k
6 Oct 2016	ORDINARY	605	£366.03m	£605k
27 Sept 2016	ORDINARY	3,218	£10355.63m	£3.22m
12 Jul 2016	ORDINARY	3,218	£3.22m	£1k

Officers

6 active 19 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	1 Apr 2020	Active

Shareholders

Shareholders (2)


Project Light Development 1 Limited	31.1%	50,000	Ordinary	2 Apr 2025
Project Light Development 1 Limited	0.0%	0	Ordinary Redeemable	2 Apr 2025

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Project Light Development 1 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

PROJECT LIGHT DEVELOPMENT 1 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

NOTTING HILL COMMERCIAL PROPERTIES LTD united kingdom

PROJECT LIGHT (MARKET RENT) LIMITED Current Company

FOLIO PORTER'S EDGE LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

2 outstanding

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(24 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)