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Company No. 04411666 · Incorporated 9 Apr 2002

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.

Full P&L filedSection H · Transportation and storageSIC 52230Service activities incidental to air transportation
Status
Active
Location
Portland, South West
Age
24 yrs · since 2002
Type
Private Limited Company
Latest accounts · year to 31 Jul 2025

Key figures

IndependentCash flow filed
Revenue
£30.6m
Growth ▲165.3%
Profit
£7m
Growth —
Profit margin
23%
Gross 43.1%
Employees
57
Change ▲7.5%
Profit / employee
£123k
Revenue/employee £536k
Profitable streak
1yr
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 to30 Apr 202230 Apr 202331 Jul 202431 Jul 2025
DisclosureNo P&LFull P&LFull P&LFull 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)48575357
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
SourceAccounts · bulk data Jan 2024Accounts · bulk data Jan 2024FullAccounts · bulk data Apr 2025FullAccounts · bulk data Apr 2026
Derived from the latest filing

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.
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
▲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
Corporate ownership

Group structure

Subsidiaries (5)

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

Same industry, similar size

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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.