Development Securities (Investments) Limited
Registered name: DEVELOPMENT SECURITIES (INVESTMENTS) LIMITED
Part of Land Securities Group PLC groupDevelopment Securities (Investments) Limited made £91k revenue and a £6.8m loss in the year to 31 Mar 2024.
Development Securities (Investments) Limited’s revenue fell 43% to £91k in the year to 31 Mar 2024, with a loss of £6.8m and 0 employees. The company is classified under “other letting and operating of own or leased real estate” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 65 yrs · since 1961
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £161k | £91k |
| Cost of sales | −£207k | −£150k |
| Gross profit | −£46k | −£59k |
| Operating profit | −£45k | −£5.3m |
| Profit before tax | −£96k | −£6.8m |
| Profit after tax | −£96k | −£6.8m |
| Profit (best available) | −£96k | −£6.8m |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | −59.6% | −7443% |
| Gross margin | −28.6% | −64.8% |
| Growth (year on year) | ||
| Revenue growth | — | ▼43.5% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £33.7m | £26.9m |
| Fixed assets | £65.3m | £59m |
| Current assets | £59k | £666k |
| Debtors | £59k | £666k |
| Source | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2024 |
How the business works
- Profit margin
- −7443%
- Profit ÷ revenue.
- Gross margin
- −64.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 64836%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 731.9%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼20%
- Now £26.9m
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼10%
- Now £59m
Group structure
Ownership chain
- Land Securities Group PLCultimate parent75–100%
- Land Securities Intermediate Limited75–100%
- Land Securities P L C75–100%
- LS Development Holdings Limited75–100%
- U and I Group Limited75–100%
- Development Securities (Investments) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Development Securities (Slough) LimitedRev. — · Profit −£293k
- Luneside East LimitedRev. — · Profit −£26k
Sister companies (13)
- Deadhare LimitedFigures not disclosed
- Development Securities (HDD) LimitedRev. — · Profit −£18k
- Development Securities (Investment Ventures) LimitedRev. — · Profit −£49k
- Northpoint Developments LtdFigures not disclosed
- U and I (Bromley Commercial) LimitedFigures not disclosed
- U and I (Cambridge) LimitedRev. — · Profit −£123k
- U and I (Development and Trading) LimitedFigures not disclosed
- U and I (PB) Commercial LimitedFigures not disclosed
- U and I Exit LimitedRev. — · Profit −£1k
- U and I Finance LimitedFigures not disclosed
- U and I Investment Portfolio LimitedRev. — · Profit −£109k
- U and I Plus X TC LimitedRev. — · Profit −£4.3m
- U and I PPP LimitedRev. — · Profit £32.5m
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit −£6.8m), from the Companies House accounts bulk data published Oct 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.