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Company No. 06115331 · Incorporated 19 Feb 2007

Develop Training Limited

Registered name: DEVELOP TRAINING LIMITED

Part of Relyon Nutec UK Limited group

Develop Training Limited made £486k profit in the year to 31 Jul 2025 (revenue not disclosed).

Develop Training Limited reported £486k profit in the year to 31 Jul 2025; its revenue was not disclosed. It had 65 employees. The company is classified under “technical and vocational secondary education” and is based in Cleveland; we hold 2 years of its filed accounts.

Status
Active
Location
Cleveland, North East
Age
19 yrs · since 2007
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: “RelyOn Nutec UK Limited”

Latest accounts · year to 31 Jul 2025

Key figures

Revenue
—
Not disclosed in filing
Profit
£486k
Growth —
Profit margin
—
 
Employees
65
Change ▼17.7%
Profit / employee
£7.5k
 
Profitable streak
1yr
Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Jul 202431 Jul 2025
DisclosureProfit onlyProfit only
Profit & loss
Revenue (turnover)——
Profit after tax−£605k£486k
Profit (best available)−£605k£486k
Employees (average)7965
Ratios
Profit margin——
Profit per employee−£7.7k£7.5k
Growth (year on year)
Headcount growth—▼17.7%
Balance sheet — indirect signals, not revenue
Cash at bank£28.8k£305k
Net assets−£4.3m−£3.8m
Fixed assets£374k£323k
Current assets£1.5m£2m
Debtors£1.1m£1.3m
Deferred income£402k£306k
SourceFullAccounts · bulk data May 2026FullAccounts · bulk data May 2026
Derived from the latest filing

How the business works

Profit margin
—
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
£7.5k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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
—
Now −£3.8m
Cash at bank
▲958%
Now £305k
Headcount
▼18%
Now 65
Deferred income
▼24%
Now £306k
Fixed assets
▼14%
Now £323k

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

  1. Relyon Nutec UK Limitedultimate parent75–100%
  2. Develop Training Limitedthis company

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

Sister companies (1)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Jul 2025 (profit £486k), from the Companies House accounts bulk data published May 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.