CANARY WHARF LIMITED
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Cash
£13m
-13.2% lowest in 3 filed years
Net assets
£1.3bn
+52.7% highest in 3 filed years
Employees
0
Average over period
Profit before tax
£462m
+499.1% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Insolvency history on file
Companies House holds prior insolvency events for this company. Detail and outcome on the official register.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £35,118,282 | £38,053,132 | £43,282,377 | +13.7% | |
| Operating profit | -£68,124,491 | -£16,881,717 | £205,540,962 | +1,317.5% | |
| Profit before tax | -£402,062,085 | -£115,656,697 | £461,620,009 | +499.1% | |
| Net profit | -£412,731,884 | -£117,372,524 | £457,468,136 | +489.8% | |
| Cash | £445,988,897 | £14,480,217 | £12,564,765 | -13.2% | |
| Total assets less current liabilities | £999,492,680 | £868,878,559 | £1,325,156,044 | +52.5% | |
| Net assets | £998,093,432 | £867,687,908 | £1,325,156,044 | +52.7% | |
| Equity | £998,093,432 | £867,687,908 | £1,325,156,044 | +52.7% | |
| Average employees | 0 | 0 | 0 | — | |
| Wages | — | £0 | £0 | — | |
| Directors' remuneration | — | £0 | £0 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -194.0% | -44.4% | — | |
| Return on capital employed | -6.8% | -1.9% | 15.5% | |
| Gearing (liabilities / total assets) | — | 81.4% | 72.8% | |
| Current ratio | — | 1.17x | 1.31x | |
| Interest cover | -0.63x | -0.16x | 3.45x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 3 times since incorporation
- CANARY WHARF LIMITED 1993-11-01 → present
- OLYMPIA & YORK CANARY WHARF LIMITED 1987-10-27 → 1993-11-01
- CANARY WHARF DEVELOPMENT CO. LIMITED(THE) 1986-01-31 → 1987-10-27
- MAJORHARP LIMITED 1985-12-16 → 1986-01-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern”
Group structure
- CANARY WHARF LIMITED · parent
- Canary Wharf Management Limited 100%
- Level 39 Limited 100%
- Southbank Place Management Limited 100%
- Canary Wharf Facilities Management Limited
Significant events
- “As at 31 December 2025, the company held a long leasehold interest in part of the development site at 1 Park Place. Subsequent to the year end, on 2 February 2026, the company surrendered these leasehold rights to a fellow subsidiary undertaking for consideration of £14,350,000.”
- “On 24 April 2026, the company entered a 6 month, £80.0m RCF with an affiliate. In total, £75.0m was drawn on the company's RCFs subsequent to the year end.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 35 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MORGAN, Susan Diane | Secretary | 2024-10-15 | — | — |
| TURNER, Jeremy Justin | Secretary | 2021-12-06 | — | — |
| BENHAM, Ian John | Director | 2023-06-16 | Dec 1978 | British |
| HOLLINSHEAD, Jane | Director | 2021-08-25 | Apr 1968 | British |
| KHAN, Shoaib Z | Director | 2019-12-13 | Sep 1965 | American |
| TURNER, Jeremy Justin | Director | 2025-12-31 | Sep 1968 | British |
| WORTHINGTON, Rebecca Jane | Director | 2021-05-06 | Oct 1971 | British |
Show 35 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GARWOOD, John Raymond | Secretary | 1999-01-18 | 2020-07-17 |
| HICKS, Roland Douglas | Secretary | — | 1992-06-02 |
| HILLSDON, Caroline Elizabeth | Secretary | 2020-07-17 | 2023-10-11 |
| HOLLAND, Anna Marie | Secretary | 2007-12-14 | 2010-06-30 |
| HOLLAND, Anna Marie | Secretary | 2005-07-27 | 2005-08-15 |
| HOLLAND, Anna Marie | Secretary | 2004-07-27 | 2004-08-10 |
| HOSKING, Cherry Lyn | Secretary | 1996-11-08 | 1999-04-28 |
| POTTER, Martin | Secretary | 1992-11-02 | 1994-03-07 |
| PRECIOUS, Martin David | Secretary | — | 1999-02-09 |
| WILSON, Adrian John | Secretary | 1992-06-02 | 1992-11-02 |
| ALEXANDER, Alex Sandor, Sir | Director | — | 1994-03-07 |
| ANDERSON II, A Peter | Director | 1995-12-22 | 2019-12-31 |
| DAFFERN, Andrew Stewart James | Director | 2021-05-06 | 2023-09-08 |
| DALE, Peter David Sandwith | Director | — | 1993-07-16 |
| DENNIS, Michael Mark | Director | — | 1992-11-02 |
| GARNER, Patrick Francis | Director | 1993-11-01 | — |
| GARNER, Patrick Francis | Director | — | 1995-12-22 |
| GAWLER, David | Director | 1996-08-16 | 1996-12-19 |
| HONEYMAN, Stanley Holmes | Director | — | 1993-07-31 |
| IACOBESCU, George, Sir | Director | 1996-02-06 | 2021-07-01 |
| IACOBESCU, George, Sir | Director | 1993-12-09 | 1995-12-22 |
| JOHN, Robert Llewellyn | Director | — | 1992-11-02 |
| KINGSTON, Katy Jo | Director | 2021-05-06 | 2025-12-31 |
| LEVENE, Peter Keith, Lord | Director | 1993-11-01 | 1995-12-22 |
| LYONS, Russell James John | Director | 2002-04-09 | 2021-05-21 |
| PAGANO, Giovanni Antonio | Director | 2013-07-05 | 2015-11-27 |
| REICHMANN, Albert | Director | — | 1993-03-02 |
| REICHMANN, Paul | Director | 1996-02-06 | 2004-05-28 |
| REICHMANN, Paul | Director | — | 1993-02-04 |
| ROTHMAN, Gerald | Director | 1996-02-06 | 2002-04-08 |
| ROTHMAN, Gerald | Director | — | 1994-06-02 |
| SPEIRS, Robert | Director | — | 1994-03-07 |
| SPEIRS, Robert | Director | — | 1993-06-30 |
| YOUNG, Charles Bellamy | Director | 1996-04-01 | 1998-01-27 |
| YOUNG, Charles Bellany | Director | — | 1992-10-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Canary Wharf Central Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-02-28 | Active |
| Canary Wharf Holdings Limited | Corporate entity | Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2018-02-28 |
Filing timeline
Last 20 of 536 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-25 | AA | accounts | Accounts with accounts type full | |
| 2026-05-01 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-03-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-03-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-24 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-24 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-24 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-18 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-18 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-18 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-18 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-09 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.