Boultbee Developments (NO.1) Limited
Registered name: BOULTBEE DEVELOPMENTS (NO.1) LIMITED
Part of Boultbee Developments Holdings Limited groupBoultbee Developments (NO.1) Limited made £187k revenue and £195k profit in the year to 31 Dec 2025.
Boultbee Developments (NO.1) Limited’s revenue grew 4% to £187k in the year to 31 Dec 2025, with £195k profit and 2 employees. The company is classified under “other credit granting” and is based in Hereford; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Hereford, West Midlands
- Age
- 14 yrs · since 2011
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 ultimate controlling party was C.E.Boultbee-Brooks and his family. The parent company was Boultbee Developments Holdings Limited whose registered office is: Shell Store, Canary Drive, Rotherwas, H”
Key figures
Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £3.1m | £1m | £185k | £181k | £187k |
| Operating profit | £2.8m | £748k | −£16.9k | £125k | £185k |
| Profit before tax | £2.8m | £760k | £51.6k | £114k | £195k |
| Profit after tax | £2.4m | £627k | £184k | £126k | £195k |
| Profit (best available) | £2.4m | £627k | £184k | £126k | £195k |
| Staff costs | £173k | £165k | £176k | £43.8k | £2.5k |
| Employees (average) | 2 | 2 | 2 | 2 | 2 |
| Ratios | |||||
| Profit margin | 79% | 62.4% | 99.5% | 69.8% | 104% |
| Revenue per employee | £1.5m | £503k | £92.4k | £90.4k | £93.7k |
| Profit per employee | £1.2m | £314k | £91.9k | £63.1k | £97.4k |
| Growth (year on year) | |||||
| Revenue growth | — | ▼67.1% | ▼81.6% | ▼2.2% | ▲3.6% |
| Profit growth | — | ▼74% | ▼70.7% | ▼31.4% | ▲54.5% |
| Headcount growth | — | 0% | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £451k | £3.3m | £421k | £410k | £244k |
| Net assets | £56.2m | £56.8m | £57m | £57.1m | £57.3m |
| Current assets | £62m | £67m | £58.5m | £58.6m | £58.9m |
| Debtors | £61.5m | £17k | £26.5k | £29k | £59.1k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 104%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £93.7k
- Revenue ÷ average employees.
- Profit per employee
- £97.4k
- 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
- 31.6%
- 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
- ▲0%
- Now £57.3m
- Cash at bank
- ▼41%
- Now £244k
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Boultbee Developments Holdings Limitedultimate parent75–100%
- Boultbee Developments (NO.1) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Boultbee Developments LtdRev. — · Profit −£2.8m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £195k), 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.