How much does Grace Developments Limited make?

Grace Developments Limited reported revenue of £25.1m and £468k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Grace Developments Limited have?

Grace Developments Limited reported an average of 21 employees in the year to 31 Dec 2025.

Is Grace Developments Limited profitable?

Yes — Grace Developments Limited reported a profit of £468k in the year to 31 Dec 2025.

Company No. 07879654 · Incorporated 13 Dec 2011

Grace Developments Limited

Registered name: GRACE DEVELOPMENTS LIMITED

Part of Wattle Investments Limited group

Grace Developments Limited made £25.1m revenue and £468k profit in the year to 31 Dec 2025. read from filing text

Grace Developments Limited’s revenue grew 85% to £25.1m in the year to 31 Dec 2025, with £468k profit and 21 employees. The company is classified under “development of building projects” and is based in Corby; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41100Development of building projects SIC 41202Construction of domestic buildings

Status: Active
Location: Corby, East Midlands
Age: 14 yrs · since 2011
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.

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light

Revenue

£25.1m

Growth ▲85.4%

Profit

£468k

Growth —

Profit margin

1.9%

Gross 8.1%

Employees

Change ▲950%

Profit / employee

£22.3k

Revenue/employee £1.2m

Profitable streak

1yr

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	No P&L	No P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	—	£13.5m	£25.1m
Cost of sales	—	—	£13m	£23.1m
Gross profit	—	—	£519k	£2m
Operating profit	—	—	−£882k	£737k
Profit before tax	—	—	−£1.3m	£306k
Profit after tax	—	—	−£1.2m	£468k
Profit (best available)	—	—	−£1.2m	£468k
Employees (average)	0	2	2	21
Ratios
Profit margin	—	—	−9.2%	1.9%
Gross margin	—	—	3.8%	8.1%
Revenue per employee	—	—	£6.8m	£1.2m
Profit per employee	—	—	−£623k	£22.3k
Growth (year on year)
Revenue growth	—	—	—	▲85.4%
Headcount growth	—	—	0%	▲950%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.8m	£3.1k	£1.5k	£1.7k
Net assets	£6.3m	£5.4m	£4.7m	£4.9m
Fixed assets	—	—	£965	£967
Current assets	£11.4m	£10.7m	£10.2m	£11.6m
Debtors	£8.6m	£10.7m	£0	£0
Deferred income	£10.1k	£3.7k	£4k	£3.1k
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 1.9%; Profit ÷ revenue.
Gross margin: 8.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.2m; Revenue ÷ average employees.
Profit per employee: £22.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; 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: ▲4%; Now £4.9m
Cash at bank: ▲13%; Now £1.7k
Headcount: ▲950%; Now 21
Deferred income: ▼23%; Now £3.1k
Fixed assets: ▲0%; Now £967

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

Wattle Investments Limitedultimate parent75–100%
Grace Developments Limitedthis company

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

Subsidiaries (3)

Grace Homes LimitedRev. £13.5m · Profit −£432k
Wattle Properties (Sysonby Lodge) LimitedFigures not disclosed
White Lodge Developments 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 2025 (profit £468k), from the Companies House accounts bulk data published Sep 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.