How much does Devonshire Homes Limited make?

Devonshire Homes Limited reported revenue of £40.9m and £1.3m profit in the year to 30 Sep 2023, according to its accounts filed at Companies House.

How many employees does Devonshire Homes Limited have?

Devonshire Homes Limited reported an average of 65 employees in the year to 30 Sep 2023.

Is Devonshire Homes Limited profitable?

Yes — Devonshire Homes Limited reported a profit of £1.3m in the year to 30 Sep 2023.

Company No. 02769742 · Incorporated 1 Dec 1992

Devonshire Homes Limited

Registered name: DEVONSHIRE HOMES LIMITED

Part of London & Devonshire Trust Limited group

Devonshire Homes Limited made £40.9m revenue and £1.3m profit in the year to 30 Sep 2023.

Devonshire Homes Limited’s revenue was £40.9m in the year to 30 Sep 2023, with £1.3m profit and 65 employees. The company is classified under “construction of domestic buildings” and is based in Brighton; we hold 2 years of its filed accounts.

Full P&L filedSIC 41202Construction of domestic buildings

Status: In Administration
Location: Brighton
Age: 33 yrs · since 1992
Type: Private Limited Company

Latest accounts · year to 30 Sep 2023

Key figures

Revenue

£40.9m

Growth —

Profit

£1.3m

Growth —

Profit margin

3.2%

Gross 11.5%

Employees

Change —

Profit / employee

£20k

Revenue/employee £629k

Profitable streak

2yrs

Consecutive profitable years in our data

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2022	30 Sep 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£28.7m	£40.9m
Cost of sales	−£26.3m	−£36.2m
Gross profit	£2.4m	£4.7m
Operating profit	£2.7k	£926k
Profit before tax	£450k	£1.3m
Profit after tax	£419k	£1.3m
Profit (best available)	£419k	£1.3m
Employees (average)	53	65
Ratios
Profit margin	1.5%	3.2%
Gross margin	8.4%	11.5%
Revenue per employee	£542k	£629k
Profit per employee	£7.9k	£20k
Balance sheet — indirect signals, not revenue
Net assets	—	—
Source	Accounts · bulk data Apr 2024	Accounts · bulk data Apr 2024

Derived from the latest filing

How the business works

Profit margin: 3.2%; Profit ÷ revenue.
Gross margin: 11.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £629k; Revenue ÷ average employees.
Profit per employee: £20k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: —; Now —
Cash at bank: —; Now —
Headcount: —; Now 65
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

London & Devonshire Trust Limitedultimate parent75–100%
Devonshire Homes Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (21)

Tarka View Management Company LimitedRev. £27.2k · Profit £794
The Tors Management Company LimitedRev. £7.2k · Profit £496
Sun Houses Owners LtdRev. £6.9k · Profit −£3.2k
Five Lanes Open Space Management Company LimitedRev. £3.1k · Profit £1.9k
Meadow View Open Space Management Company LimitedRev. £2.1k · Profit £555
Applegate Park Open Space Management Company LimitedFigures not disclosed
Chilla Open Space Management Company LimitedFigures not disclosed
Dancing Green Open Space Management LimitedFigures not disclosed
Devonshire Homes (Axminster) LimitedFigures not disclosed
Devonshire Homes (Belmont) LimitedFigures not disclosed
Devonshire Homes (Bodmin) LimitedFigures not disclosed
Devonshire Homes (Landkey) LimitedFigures not disclosed
Devonshire Homes (Mabe) LimitedIn AdministrationFigures not disclosed
Gotham Groundworks LimitedLiquidationFigures not disclosed
Gwallon Keas Management Company LimitedFigures not disclosed
Hornblower Heights Open Space Management LimitedFigures not disclosed
Longston Cross Open Space Management Company LimitedFigures not disclosed
Mariner's Haven Management LimitedFigures not disclosed
Scotts Facilities Management Company LimitedFigures not disclosed
The Grange Block 1 Flat Manco LimitedFigures not disclosed
The Grange Open Space Management Company LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 30 Sep 2023 (profit £1.3m), from the Companies House accounts bulk data published Apr 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.