How much does Devon Valley Limited make?

Devon Valley Limited reported revenue of £21.7m and £514k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Devon Valley Limited have?

Devon Valley Limited reported an average of 49 employees in the year to 31 Dec 2024.

Is Devon Valley Limited profitable?

Yes — Devon Valley Limited reported a profit of £514k in the year to 31 Dec 2024.

Company No. 05856056 · Incorporated 23 Jun 2006

Devon Valley Limited

Registered name: DEVON VALLEY LIMITED

Part of Purico Speciality Paper Company Limited group

Devon Valley Limited made £21.7m revenue and £514k profit in the year to 31 Dec 2024. read from filing text

Devon Valley Limited’s revenue fell 11% to £21.7m in the year to 31 Dec 2024, with £514k profit and 49 employees. The company is classified under “manufacture of paper and paperboard” and is based in Nottingham; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 17120Manufacture of paper and paperboard

Status: Active
Location: Nottingham, East Midlands
Age: 20 yrs · since 2006
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: “The”

Latest accounts · year to 31 Dec 2024

Key figures

Revenue

£21.7m

Growth ▼11.3%

Profit

£514k

Growth ▲22.4%

Profit margin

2.4%

Gross 16.9%

Employees

Change ▼5.8%

Profit / employee

£10.5k

Revenue/employee £443k

Profitable streak

3yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£28m	£24.5m	£21.7m
Cost of sales	£22.3m	£19.8m	£18m
Gross profit	£5.6m	£4.7m	£3.7m
Operating profit	£349k	£746k	£442k
Profit before tax	£274k	£584k	£271k
Profit after tax	£164k	£420k	£514k
Profit (best available)	£164k	£420k	£514k
Staff costs	£2.1m	£2.3m	£2.3m
Employees (average)	53	52	49
Ratios
Profit margin	0.6%	1.7%	2.4%
Gross margin	20.2%	19.1%	16.9%
Revenue per employee	£527k	£470k	£443k
Profit per employee	£3.1k	£8.1k	£10.5k
Growth (year on year)
Revenue growth	—	▼12.5%	▼11.3%
Profit growth	—	▲156%	▲22.4%
Headcount growth	—	▼1.9%	▼5.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.7k	£453k	£109k
Net assets	£5.3m	£4.8m	£6.7m
Fixed assets	£2.6m	£2.5m	£4m
Current assets	£11.5m	£9.8m	£9.8m
Debtors	£4.4m	£2.4m	£3m
Deferred income	£445k	£691k	£553k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 2.4%; Profit ÷ revenue.
Gross margin: 16.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £443k; Revenue ÷ average employees.
Profit per employee: £10.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 18.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.9%; 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: ▲41%; Now £6.7m
Cash at bank: ▼76%; Now £109k
Headcount: ▼6%; Now 49
Deferred income: ▼20%; Now £553k
Fixed assets: ▲59%; Now £4m

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

Ownership chain

Purico Speciality Paper Company Limitedultimate parent75–100%
Devon Valley Limitedthis company

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

Sister companies (2)

Purico (USA) LimitedFigures not disclosed
Purico Paper Company 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 2024 (profit £514k), from the Companies House accounts bulk data published Dec 2025. 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.