Ivygrove Developments Limited
Registered name: IVYGROVE DEVELOPMENTS LIMITED
Ivygrove Developments Limited made £15m revenue and £3.4m profit in the year to 30 Sep 2025.
Ivygrove Developments Limited’s revenue grew 19% to £15m in the year to 30 Sep 2025, with £3.4m profit and 17 employees. The company is classified under “construction of commercial buildings” and is based in Derby; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Derby, East Midlands
- Age
- 50 yrs · since 1976
- 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 | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £13.7m | £8.3m | £12.7m | £15m |
| Cost of sales | £8.6m | £4.4m | £7.6m | £8.9m |
| Gross profit | £5m | £3.9m | £5m | £6.1m |
| Operating profit | £3.4m | £2.3m | £3.2m | £4.7m |
| Profit before tax | £2.5m | £1.1m | £1.2m | £4.5m |
| Profit after tax | £1.1m | £935k | £1.2m | £3.4m |
| Profit (best available) | £1.1m | £935k | £1.2m | £3.4m |
| Staff costs | £1.8m | £1.9m | £2m | £1.3m |
| Employees (average) | 33 | 30 | 24 | 17 |
| Ratios | ||||
| Profit margin | 8.2% | 11.3% | 9.5% | 22.7% |
| Gross margin | 36.7% | 46.8% | 39.8% | 40.8% |
| Revenue per employee | £414k | £277k | £527k | £885k |
| Profit per employee | £33.8k | £31.2k | £50.1k | £201k |
| Cash conversion | −179.9% | 42.8% | −239.6% | −114.8% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼39.1% | ▲52.2% | ▲18.9% |
| Profit growth | — | ▼16.3% | ▲28.6% | ▲184.2% |
| Headcount growth | — | ▼9.1% | ▼20% | ▼29.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £131k | £103 | £130k | £161k |
| Net assets | £35.5m | £36.3m | £35.9m | £38.9m |
| Fixed assets | £57.7m | £63.8m | £68.4m | £73.2m |
| Current assets | £7.5m | £9.9m | £7m | £6.4m |
| Debtors | £1m | £946k | £217k | £210k |
| Deferred income | £285k | £419k | £531k | £583k |
| Cash from operations | −£6.2m | £1m | −£7.6m | −£5.4m |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 22.7%
- Profit ÷ revenue.
- Gross margin
- 40.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £885k
- Revenue ÷ average employees.
- Profit per employee
- £201k
- Profit ÷ average employees.
- Cash conversion
- −114.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 486.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.4%
- 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
- ▲8%
- Now £38.9m
- Cash at bank
- ▲24%
- Now £161k
- Headcount
- ▼29%
- Now 17
- Deferred income
- ▲10%
- Now £583k
- Fixed assets
- ▲7%
- Now £73.2m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (8)
- 398 Duffield RD Management Company LimitedFigures not disclosed
- Dunstall Park Management Company LimitedFigures not disclosed
- Kinsey (Midlands) LimitedFigures not disclosed
- Parker Centre Management Company LimitedFigures not disclosed
- R Scot Road Management Company LimitedFigures not disclosed
- Stephenson Gardens Management Company LimitedFigures not disclosed
- Victoria Centre Management Company LimitedFigures not disclosed
- Westside Park Management Company LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Profit
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- Staff
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- Pert Bruce Construction LimitedBroomfield Road Montrose · Construction of commercial buildings
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- Legendre UK LimitedBorehamwood · Construction of commercial buildings
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Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £3.4m), from the Companies House accounts bulk data published Jun 2026. 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.