Cyden Homes Limited
Registered name: CYDEN HOMES LIMITED
Cyden Homes Limited made £58.1m revenue and £10.9m profit in the year to 31 Oct 2024.
Cyden Homes Limited’s revenue fell 1% to £58.1m in the year to 31 Oct 2024, with £10.9m profit and 80 employees. The company is classified under “other letting and operating of own or leased real estate” and is based in Grimsby; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Grimsby, Yorkshire and The Humber
- Age
- 64 yrs · since 1962
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2023 | 31 Oct 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £58.6m | £58.1m |
| Cost of sales | £40.4m | £40m |
| Gross profit | £18.1m | £18.1m |
| Operating profit | £12.8m | £12.1m |
| Profit before tax | £14.4m | £14.8m |
| Profit after tax | £11.2m | £10.9m |
| Profit (best available) | £11.2m | £10.9m |
| Staff costs | £3.6m | £4m |
| Employees (average) | 75 | 80 |
| Ratios | ||
| Profit margin | 19.2% | 18.8% |
| Gross margin | 31% | 31.1% |
| Revenue per employee | £781k | £726k |
| Profit per employee | £150k | £136k |
| Cash conversion | −61.7% | −40.8% |
| Growth (year on year) | ||
| Revenue growth | — | ▼0.9% |
| Profit growth | — | ▼3.1% |
| Headcount growth | — | ▲6.7% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £49.6m | £52.4m |
| Net assets | £90.5m | £101m |
| Fixed assets | £5.2m | £5.8m |
| Current assets | £108m | £122m |
| Debtors | £55.5k | £47.1k |
| Deferred income | £332k | £554k |
| Cash from operations | −£7.9m | −£5m |
| Source | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2025 |
How the business works
- Profit margin
- 18.8%
- Profit ÷ revenue.
- Gross margin
- 31.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £726k
- Revenue ÷ average employees.
- Profit per employee
- £136k
- Profit ÷ average employees.
- Cash conversion
- −40.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 10%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.1%
- 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
- ▲12%
- Now £101m
- Cash at bank
- ▲6%
- Now £52.4m
- Headcount
- ▲7%
- Now 80
- Deferred income
- ▲67%
- Now £554k
- Fixed assets
- ▲11%
- Now £5.8m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (18)
- Abbey Park at Woodhall Spa Management Company LimitedFigures not disclosed
- Alexander Park at Louth Management Company LimitedFigures not disclosed
- Chartdale Developments LimitedFigures not disclosed
- Chartdale Properties LimitedFigures not disclosed
- Grimsby Leaseholding LimitedFigures not disclosed
- Keelby Fields at Keelby Management Company LimitedFigures not disclosed
- Kensington Green at Scartho Management Company LimitedFigures not disclosed
- Langton Rise at Horncastle Management Company LimitedFigures not disclosed
- Lindis Park at Boston Management Company LimitedFigures not disclosed
- Par 3 at Humberston Management Company LimitedFigures not disclosed
- Quintessential at Healing Management Company LimitedFigures not disclosed
- Saxon Park at Branston Management Company LimitedFigures not disclosed
- The Beehives at Dunholme Management Company LimitedFigures not disclosed
- The Hyde at Waltham Management Company LimitedFigures not disclosed
- The Park at Louth Management Company LimitedFigures not disclosed
- Thoresby Meadows at Thoresby Management Company LimitedFigures not disclosed
- Voyage at Wyberton Management Company LimitedFigures not disclosed
- Wesley Gardens Management Company LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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- Oliver Walton LtdLondon · Other letting and operating of own or leased real estate
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2024 (profit £10.9m), from the Companies House accounts bulk data published Jul 2025. 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.