Develop Training Limited
Registered name: DEVELOP TRAINING LIMITED
Part of Relyon Nutec UK Limited groupDevelop 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”
Key figures
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.
Financial history
| Year to | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|
| Disclosure | Profit only | Profit only |
| Profit & loss | ||
| Revenue (turnover) | — | — |
| Profit after tax | −£605k | £486k |
| Profit (best available) | −£605k | £486k |
| Employees (average) | 79 | 65 |
| 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 |
| Source | FullAccounts · bulk data May 2026 | FullAccounts · bulk data May 2026 |
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.
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.
Group structure
Ownership chain
- Relyon Nutec UK Limitedultimate parent75–100%
- Develop Training Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Relyon Glasgow 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 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.