Devon Valley Limited
Registered name: DEVON VALLEY LIMITED
Part of Purico Speciality Paper Company Limited groupDevon 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.
- 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”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| 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 |
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.
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.
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
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.