L J Developments (South West) Limited
Registered name: L J DEVELOPMENTS (SOUTH WEST) LIMITED
L J Developments (South West) Limited made £8.5m revenue and £636k profit in the year to 30 Sep 2024.
L J Developments (South West) Limited’s revenue was £8.5m in the year to 30 Sep 2024, with £636k profit and 69 employees. The company is classified under “other specialised construction activities” and is based in Torrington; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Torrington, South West
- Age
- 16 yrs · since 2010
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 30 Sep 2023 | 30 Sep 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £6.5m | £11.7m | £8.5m |
| Cost of sales | £5m | £9.2m | £5.8m |
| Gross profit | £1.5m | £2.5m | £2.8m |
| Operating profit | £596k | £468k | £1.1m |
| Profit before tax | £459k | £122k | £848k |
| Profit after tax | £339k | £224k | £636k |
| Profit (best available) | £339k | £224k | £636k |
| Staff costs | £2.3m | £4.3m | £3.2m |
| Employees (average) | 58 | 63 | 69 |
| Ratios | |||
| Profit margin | 5.2% | 1.9% | 7.5% |
| Gross margin | 23.4% | 21.7% | 32.5% |
| Revenue per employee | £112k | £186k | £124k |
| Profit per employee | £5.9k | £3.6k | £9.2k |
| Cash conversion | −171.8% | −292.8% | −144.2% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £75.8k | £46 | £48.4k |
| Net assets | £1.1m | £1.3m | £2m |
| Fixed assets | £3.4m | £5.1m | £6m |
| Current assets | £2m | £1.4m | £2.2m |
| Debtors | £1.1m | £842k | £1.3m |
| Deferred income | £87.1k | £84.3k | £68.4k |
| Cash from operations | −£1m | −£1.4m | −£1.6m |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 7.5%
- Profit ÷ revenue.
- Gross margin
- 32.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £124k
- Revenue ÷ average employees.
- Profit per employee
- £9.2k
- Profit ÷ average employees.
- Cash conversion
- −144.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 69.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.8%
- 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 £2m
- Cash at bank
- —
- Now £48.4k
- Headcount
- —
- Now 69
- Deferred income
- —
- Now £68.4k
- Fixed assets
- —
- Now £6m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
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Sources
Latest figures from FullAccounts for the year to 30 Sep 2024 (profit £636k), from the Companies House accounts bulk data published Sep 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.