Developing Assets (UK) Limited
Registered name: DEVELOPING ASSETS (UK) LIMITED
Developing Assets (UK) Limited made £30.6m revenue and £7m profit in the year to 31 Jul 2025.
Developing Assets (UK) Limited’s revenue grew 165% to £30.6m in the year to 31 Jul 2025, with £7m profit and 57 employees. The company is classified under “service activities incidental to air transportation” and is based in Portland; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Portland, South West
- Age
- 24 yrs · since 2002
- 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 Apr 2022 | 30 Apr 2023 | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £20.5m | £11.5m | £30.6m |
| Cost of sales | — | £7.7m | £8m | £17.4m |
| Gross profit | — | £12.8m | £3.5m | £13.2m |
| Operating profit | — | £9.1m | −£1.2m | £9.6m |
| Profit before tax | — | £9m | −£1.2m | £9.6m |
| Profit after tax | — | £7.3m | −£889k | £7m |
| Profit (best available) | — | £7.3m | −£889k | £7m |
| Staff costs | — | £3.5m | £4.1m | £4.1m |
| Employees (average) | 48 | 57 | 53 | 57 |
| Ratios | ||||
| Profit margin | — | 35.4% | −7.7% | 23% |
| Gross margin | — | 62.5% | 30.4% | 43.1% |
| Revenue per employee | — | £359k | £217k | £536k |
| Profit per employee | — | £127k | −£16.8k | £123k |
| Cash conversion | — | 77.3% | — | 201.6% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲165.3% |
| Headcount growth | — | ▲18.8% | — | ▲7.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £652k | £6.5m | £9.6m | £20.5m |
| Net assets | £5.2m | £11.2m | £10.2m | £17.1m |
| Fixed assets | £7.5m | £6.7m | £10.3m | £18.2m |
| Current assets | £3.8m | £15.1m | £14.2m | £36.4m |
| Debtors | £35.6k | £2m | £895k | £3.9m |
| Deferred income | — | £4.9m | £10.6m | £31.3m |
| Cash from operations | — | £7m | £7.6m | £19.4m |
| Source | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 23%
- Profit ÷ revenue.
- Gross margin
- 43.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £536k
- Revenue ÷ average employees.
- Profit per employee
- £123k
- Profit ÷ average employees.
- Cash conversion
- 201.6%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 59.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 102.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 12.9%
- 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
- ▲68%
- Now £17.1m
- Cash at bank
- ▲114%
- Now £20.5m
- Headcount
- ▲8%
- Now 57
- Deferred income
- ▲197%
- Now £31.3m
- Fixed assets
- ▲76%
- Now £18.2m
Group structure
Subsidiaries (5)
- Developing Opportunities LimitedRev. £7.8k · Profit £31.9k
- Heli Operations LimitedFigures not disclosed
- Helidata LtdFigures not disclosed
- Hercoperations LtdFigures not disclosed
- Planedata LtdFigures 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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- Profit
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- Aviation Business Continuity LimitedHarmondsworth · Service activities incidental to air transportation
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- Prestwick Aircraft Maintenance LtdPrestwick Airport · Service activities incidental to air transportation
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- STS Engine Services LimitedBirmingham · Service activities incidental to air transportation
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- Profit
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- Airline Component Services LimitedBraintree · Service activities incidental to air transportation
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Sources
Latest figures from FullAccounts for the year to 31 Jul 2025 (profit £7m), from the Companies House accounts bulk data published Apr 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.