How much does Korda Developments Limited make?

Korda Developments Limited reported revenue of £41.1m and £2.9m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Korda Developments Limited have?

Korda Developments Limited reported an average of 121 employees in the year to 31 Dec 2025.

Is Korda Developments Limited profitable?

Yes — Korda Developments Limited reported a profit of £2.9m in the year to 31 Dec 2025.

Company No. 04336137 · Incorporated 7 Dec 2001

Korda Developments Limited

Registered name: KORDA DEVELOPMENTS LIMITED

Korda Developments Limited made £41.1m revenue and £2.9m profit in the year to 31 Dec 2025. read from filing text

Korda Developments Limited’s revenue grew 11% to £41.1m in the year to 31 Dec 2025, with £2.9m profit and 121 employees. The company is classified under “other retail sale not in stores, stalls or markets” and is based in Romford; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47990Other retail sale not in stores, stalls or markets

Status: Active
Location: Romford, London
Age: 24 yrs · since 2001
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-lightCash flow filed

Revenue

£41.1m

Growth ▲11.1%

Profit

£2.9m

Growth ▲0.3%

Profit margin

7.1%

Gross 31.6%

Employees

121

Change ▲1.7%

Profit / employee

£24.1k

Revenue/employee £340k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 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)	£29.8m	£33.6m	£37m	£41.1m
Cost of sales	£19.5m	£24m	£23.4m	£28.1m
Gross profit	£10.2m	£9.6m	£13.6m	£13m
Operating profit	£2.4m	£2.8m	£5.7m	£4.9m
Profit before tax	£6.8m	£2.3m	£4.6m	£4.3m
Profit after tax	£6.4m	£1.5m	£2.9m	£2.9m
Profit (best available)	£6.4m	£1.5m	£2.9m	£2.9m
Employees (average)	127	119	119	121
Ratios
Profit margin	21.5%	4.4%	7.9%	7.1%
Gross margin	34.3%	28.6%	36.7%	31.6%
Revenue per employee	£234k	£282k	£311k	£340k
Profit per employee	£50.3k	£12.4k	£24.4k	£24.1k
Cash conversion	135%	−280.7%	—	−23%
Growth (year on year)
Revenue growth	—	▲12.9%	▲10.2%	▲11.1%
Profit growth	—	▼76.9%	▲96.7%	▲0.3%
Headcount growth	—	▼6.3%	0%	▲1.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£394k	£7m	£6.5m	£5.6m
Net assets	£29.5m	£31m	£33.9m	£36.8m
Fixed assets	£3.9m	£3.4m	£2.9m	£2.3m
Current assets	£41.2m	£35.7m	£36.7m	£39.5m
Debtors	£8m	£8.3m	£8.7m	£11.2m
Deferred income	£6.2m	£580k	£782k	£941k
Cash from operations	£3.2m	−£7.9m	—	−£1.1m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 7.1%; Profit ÷ revenue.
Gross margin: 31.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £340k; Revenue ÷ average employees.
Profit per employee: £24.1k; Profit ÷ average employees.
Cash conversion: −23%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 27.3%; 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: ▲9%; Now £36.8m
Cash at bank: ▼14%; Now £5.6m
Headcount: ▲2%; Now 121
Deferred income: ▲20%; Now £941k
Fixed assets: ▼23%; Now £2.3m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Subsidiaries (1)

Tackle Guru LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £2.9m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 13 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.