GREATER LONDON AUTHORITY HOLDINGS LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-06-20 (in 1mo)
Last made up 2025-06-06
Watchouts
None on the register
Cash
£99M
+230.3% vs 2024
Net assets
£194M
+10.6% vs 2024
Employees
—
Average over period
Profit before tax
-£90M
-1,185.4% vs 2024
Net assets
2-year trend · vs Real Estate median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £47,982,000 | £39,310,000 | |
| Operating profit | -£10,397,000 | -£28,295,000 | |
| Profit before tax | -£7,036,000 | -£90,444,000 | |
| Net profit | -£7,327,000 | -£92,584,000 | |
| Cash | £29,956,000 | £98,953,000 | |
| Total assets less current liabilities | £467,510,000 | £455,114,000 | |
| Net assets | £175,833,000 | £194,468,000 | |
| Equity | -£175,833,000 | -£194,468,000 | |
| Average employees | — | — | |
| Wages | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -21.7% | -72.0% | |
| Net margin | -15.3% | -235.5% | |
| Return on capital employed | -2.2% | -6.2% | |
| Gearing (liabilities / total assets) | 73.9% | 66.9% | |
| Current ratio | 1.76x | 2.49x | |
| Interest cover | -0.57x | -1.65x |
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. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- UK adopted international accounting standards
- Reporting scope
- Consolidated group
- Auditor
- Ernst & Young 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 group and parent company's ability to continue as a going concern for a period to 31 March 2027.”
Group structure
- GREATER LONDON AUTHORITY HOLDINGS LIMITED · parent
- GLA Land and Property Limited 100%
- London Treasury Limited 100%
- London Power Co. Limited 100%
- Stratford East London Holdings 100%
- London Stadium LLP 99%
- London Stadium 185 Limited 100%
- LTLF GP Limited 100%
Significant events
- “On 31 March 2025, GLAH acquired E20 Stadium LLP and following the transfer the name was changed to London Stadium LLP (LS LLP).”
- “On 31 March 2025, GLAH also acquired Stratford East London Holdings Limited (SELH).”
- “On 1 September 2024, Transport for London (TfL)'s digital estate was the subject of a cyber-incident.”
- “In June 2025 GLAP took a decision to terminating the existing development agreement and to remarket the Albert Island site.”
- “GLAH impaired the £111.2m investment in London Stadium in full. The LPC equity investment of £1.1m has also been impaired to nil in-year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CLARKE, Andrea | Secretary | 2023-09-29 | — | — |
| CURRY, Justine Anne | Secretary | 2023-09-29 | — | — |
| BELLAMY, David John | Director | 2016-10-12 | Aug 1975 | British |
| STEER, Timothy James | Director | 2024-04-29 | Aug 1977 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CARTER, Howard Ernest | Secretary | 2012-02-10 | 2023-09-29 |
| JONES, Martin Patrick William | Secretary | 2012-02-10 | 2015-08-07 |
| ARNOLD, Michael Robert | Director | 2012-01-25 | 2012-02-10 |
| CLARKE, Martin David | Director | 2012-02-10 | 2020-03-31 |
| GALLIE, David John | Director | 2020-03-31 | 2023-06-30 |
| HYATT, Rickardo | Director | 2021-01-01 | 2022-07-08 |
| LUNTS, David Simon | Director | 2012-02-10 | 2020-12-31 |
| RODRIGUES, Shirley Ann | Director | 2022-05-25 | 2024-05-04 |
| UDNY-LISTER, Edward Julian, Lord Udny-Lister Pc Kt | Director | 2012-02-10 | 2016-05-09 |
| EVERDIRECTOR LIMITED | Corporate Director | 2012-01-25 | 2012-02-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Greater London Authority | Legal person | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 59 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-06 | AA | accounts | Accounts with accounts type group | |
| 2025-06-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-25 | AA | accounts | Accounts with accounts type group | |
| 2024-06-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-14 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-30 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-19 | AA | accounts | Accounts with accounts type group | |
| 2023-10-06 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-10-06 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-10-06 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-07-04 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-03 | AA | accounts | Accounts with accounts type group | |
| 2022-07-28 | TM01 | officers | Termination director company with name termination date | |
| 2022-06-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-26 | AP01 | officers | Appoint person director company with name date | |
| 2022-01-06 | AA | accounts | Accounts with accounts type group | |
| 2021-06-21 | AD02 | address | Change sail address company with old address new address | |
| 2021-06-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-04-12 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-18.1%
£47,982,000 £39,310,000
-
Cash
+230.3%
£29,956,000 £98,953,000
-
Net assets
+10.6%
£175,833,000 £194,468,000
-
Employees
—
Not reported
-
Operating profit
-172.1%
-£10,397,000 -£28,295,000
-
Profit before tax
-1,185.4%
-£7,036,000 -£90,444,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers