Pradera Lateral Limited

Active07162606Real estateIncorporated 18 Feb 2010 · London

Pradera Lateral combines international retail asset management experience with market leading UK retail, leasing and development expertise. The Company has global experience in managing, investing in, developing and advising on premium shopping and leisure destinations. As an asset management company specialising in dominant retail real estate, our primary focus is on providing exceptional services to our investment clients. The largest asset in the portfolio of mandates includes Trafford Centre, Manchester which is one of the UK's flagship super-regional centres, the owner being one of the world's largest institutional investors, Canadian Pension Plan Investment Board ("CPPIB"). Other significant assets include Eldon Square, Newcastle. During the year, the company took over the asset management of the SGS portfolio comprising 4 dominant assets including Lakeside, Essex; Harlequin, Watford; Braehead, Glasgow and Victoria Centre, Nottingham. As the physical retail sector transitions to new operating models, institutional investors are seeking specialist skills to stabilise, reposition where necessary and then optimise future investment performance. The retail narrative has moved beyond simplistic segmentation of retail distribution models; whether on-line, physical or multi-channel, the customer now expects seamless brand engagement across all channels and dominant retail destinations are an essential part of the retail distribution model. Pradera Lateral is at the forefront of digital integration into physical retail. We have implemented new data collection and analytics strategies to optimise trading potential, to broaden occupier mix and to harness opportunities to deliver brands. These data strategies are accompanied by a deep understanding of social media and the opportunity to engage both existing and new generations of customers with engaging content, live events and unique experiences. Pradera Lateral also secured contracts with other third-party clients to advise on retail real estate asset opportunities in the UK.

Revenue

£9.0m

▲ +11.4% vs prior ~12m period

Profit after tax

£66k

Margin 1.0%

Employees

36

▲ +71.4% vs prior ~12m period

Net assets

£422k

Total assets £2.8m

Financial history

Revenue by accounting period

3 periods available · ▲ growth ▼ decline

Jan 2023
Not available
Dec 2023
£8.1m
Dec 2024
£9.0m▲ +11.4%
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2024£9.0m▲ +11.4%£98k36£422k
31 Dec 2023£8.1m—£395k21£606k
1 Jan 2023————£310k

Latest available figures

Period ending 31 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£9.0m
Gross profit
£9.0m
Operating profit
£91k
Profit before tax
£98k
Profit after tax
£66k

Balance sheet

Total assets
£2.8m
Cash
£185k
Total liabilities
£2.4m
Net assets
£422k
Revenue per employee
£250k

Similar companies

CompanyRevenueGrowth
Finefair Limited
04661895
£49.9m▼ -31.9%
Springmove Limited
12112825
£49.2m▲ +11.8%
Ls Cardinal Limited
07409594
£49.0m▼ -1.5%
Canary Wharf Retail Limited
13591921
£48.6m▲ +5.9%
Knight Property Group PLC
SC064782
£48.2m▼ -3.5%

Other real estate companies in London

CompanyRevenueGrowth
Cromwood Ltd
04512289
£79.6m▼ -43.7%
Christian Property UK Ltd
10415955
£75.8m▲ +52.0%
Land Securities Properties Limited
00961477
£65.5m▼ -30.5%
Admiral Taverns (Chester) Limited
03989713
£62.7m▲ +1.6%
Mc Housing Limited
09343095
£62.7m▲ +32.9%