Opecprime Development Limited
Registered name: OPECPRIME DEVELOPMENT LIMITED
Opecprime Development Limited made £14.1m revenue and £508k profit in the year to 30 Jun 2025. read from filing text
Opecprime Development Limited’s revenue fell 32% to £14.1m in the year to 30 Jun 2025, with £508k profit and 25 employees. The company is classified under “development of building projects” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 39 yrs · since 1987
- Type
- Private Limited Company
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. From the filing: “Control is shared equally between Mr B M Comer and Mr L A Comer by virtue of their shareholding.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £36.3m | £27.3m | £20.6m | £14.1m |
| Cost of sales | £35.2m | £26.3m | £20.2m | £13.3m |
| Gross profit | £1.1m | £980k | £368k | £779k |
| Operating profit | £375k | £162k | £163k | £515k |
| Profit before tax | £355k | £140k | £148k | £511k |
| Profit after tax | £247k | £120k | −£17.6k | £508k |
| Profit (best available) | £247k | £120k | −£17.6k | £508k |
| Staff costs | £833k | £851k | £921k | £1m |
| Employees (average) | 23 | 23 | 24 | 25 |
| Ratios | ||||
| Profit margin | 0.7% | 0.4% | −0.1% | 3.6% |
| Gross margin | 3% | 3.6% | 1.8% | 5.5% |
| Revenue per employee | £1.6m | £1.2m | £857k | £563k |
| Profit per employee | £10.7k | £5.2k | −£735 | £20.3k |
| Cash conversion | −76.9% | −677% | −498.4% | −349.1% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼24.9% | ▼24.6% | ▼31.6% |
| Profit growth | — | ▼51.5% | ▼114.8% | — |
| Headcount growth | — | 0% | ▲4.3% | ▲4.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.3m | £1.3m | £1.5m | £3m |
| Net assets | £1.7m | £1.8m | £1.8m | £2.3m |
| Fixed assets | £1.3m | £1.8m | £1.9m | £1.8m |
| Current assets | £34.3m | £33.7m | £33m | £42.9m |
| Debtors | £10.2m | £6.2m | £8.7m | £3.2m |
| Deferred income | £49.5k | £49.8k | £50k | £50k |
| Cash from operations | −£288k | −£1.1m | −£813k | −£1.8m |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 3.6%
- Profit ÷ revenue.
- Gross margin
- 5.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £563k
- Revenue ÷ average employees.
- Profit per employee
- £20.3k
- Profit ÷ average employees.
- Cash conversion
- −349.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 13.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 22.5%
- 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
- ▲28%
- Now £2.3m
- Cash at bank
- ▲102%
- Now £3m
- Headcount
- ▲4%
- Now 25
- Deferred income
- ▲0%
- Now £50k
- Fixed assets
- ▼5%
- Now £1.8m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Leck Construction LimitedDevelopment of building projects
- Revenue
- £14.1m
- Profit
- £445k
- Staff
- 68
- Quinn Estates LimitedBridge · Development of building projects
- Revenue
- £14.1m
- Profit
- £66.3k
- Staff
- 26
- Cara Construction LimitedManchester · Development of building projects
- Revenue
- £14.1m
- Profit
- £367k
- Staff
- 53
- Ashwood Scotland LimitedLivingston · Development of building projects
- Revenue
- £14.3m
- Profit
- £192k
- Staff
- 52
- Lysander Associates LimitedGodalming · Development of building projects
- Revenue
- £13.8m
- Profit
- £2m
- Staff
- 66
- Cfes LimitedSouthwark · Development of building projects
- Revenue
- £13.8m
- Profit
- £737k
- Staff
- 26
Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £508k), from the Companies House accounts bulk data published Mar 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.