ELGHA LIMITED
Company number 09053284 · Monitor this company
Executive summary
ELGHA LIMITED is a family-controlled London property holding company that has delivered impressive equity growth—from negative net assets in 2017 to £1.72 million by 2024—driven by a major portfolio acquisition around 2020 and consistent retained profit accumulation. Its £8.5 million investment property portfolio, almost certainly located in prime NW3 London, provides resilience through rental income and capital appreciation potential, though the flat valuation between 2023 and 2024 reflects the market headwinds of higher interest rates. The principal risk lies in elevated leverage (73% LTV, 3.84x debt-to-equity) with director-guaranteed bank loans and significant inter-company indebtedness, which constrains financial flexibility in a still-challenging rate environment. While the company outperforms many comparable leveraged property vehicles on equity growth trajectory, its concentrated portfolio and thin liquidity buffer position it as a competent niche player rather than a sector leader.
Shareholders' funds
£1,718,070
Balance sheet as at 2024-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2014-05-22
- Employees
- 2 (2024 accounts)
- Registered office
- Cannon Court, 37 Belsize Avenue, London, NW3 4BN
- Postcode
- NW3 4BN
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-08-03
- Next due by
- 2027-08-17
Nature of business (SIC)
- 68209 Other letting and operating of own or leased real estate
Officers 3 current · 1 resigned
Among its peers
Top 10%
by shareholders' funds, of 4,624 similar companies in NW
Among the biggest employers among its local peers (2 staff).
Trading since 2014.
Competitors London
This company ranks 462 among other letting and operating of own or leased real estate in London.
The class of 2014
69%
of the 8,099 companies in this sector incorporated in 2014 are still active today; 28% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 5 titles
- Freehold
- 5
- Most recent registration
- 2019-01-14
- Price paid, where recorded
- £612,000
- Where
- Greater London (5)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| MX192936 | Greater London | Freehold | 2019-01-14 | — |
| NGL365225 | Greater London | Freehold | 2016-01-05 | — |
| NGL546429 | Greater London | Freehold | 2015-11-12 | £612,000 |
| AGL290607 | Greater London | Freehold | 2014-12-05 | — |
| NGL88940 | Greater London | Freehold | 2014-12-05 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.