How much does Lakeside Developments Limited make?

Lakeside Developments Limited reported revenue of £831k and £634k profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Lakeside Developments Limited have?

Lakeside Developments Limited reported an average of 2 employees in the year to 31 Mar 2023.

Is Lakeside Developments Limited profitable?

Yes — Lakeside Developments Limited reported a profit of £634k in the year to 31 Mar 2023.

Company No. 01446485 · Incorporated 3 Sep 1979

Lakeside Developments Limited

Registered name: LAKESIDE DEVELOPMENTS LIMITED

Lakeside Developments Limited made £831k revenue and £634k profit in the year to 31 Mar 2023.

Lakeside Developments Limited’s revenue fell 12% to £831k in the year to 31 Mar 2023, with £634k profit and 2 employees. The company is classified under “development of building projects” and is based in Borehamwood; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41100Development of building projects

Status: Active
Location: Borehamwood, East of England
Age: 47 yrs · since 1979
Type: Private Limited Company

Latest accounts · year to 31 Mar 2023

Key figures

IndependentSmall team

Revenue

£831k

Growth ▼11.7%

Profit

£634k

Growth ▼9.6%

Profit margin

76.3%

Gross 98.4%

Employees

Change ▼33.3%

Profit / employee

£317k

Revenue/employee £416k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£942k	£831k
Cost of sales	£600	£13.3k
Gross profit	£941k	£818k
Operating profit	£815k	£702k
Profit before tax	£859k	£757k
Profit after tax	£701k	£634k
Profit (best available)	£701k	£634k
Employees (average)	3	2
Ratios
Profit margin	74.5%	76.3%
Gross margin	99.9%	98.4%
Revenue per employee	£314k	£416k
Profit per employee	£234k	£317k
Growth (year on year)
Revenue growth	—	▼11.7%
Profit growth	—	▼9.6%
Headcount growth	—	▼33.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£182k	£366k
Net assets	£3m	£3.3m
Fixed assets	£925k	£1m
Current assets	£2.2m	£2.4m
Debtors	£34.6k	£38k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: 76.3%; Profit ÷ revenue.
Gross margin: 98.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £416k; Revenue ÷ average employees.
Profit per employee: £317k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 121%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4.6%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▲10%; Now £3.3m
Cash at bank: ▲101%; Now £366k
Headcount: ▼33%; Now 2
Deferred income: —; Now —
Fixed assets: ▲9%; Now £1m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2023 (profit £634k), from the Companies House accounts bulk data published Dec 2023. 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.