Wy Developments Ltd
Registered name: WY DEVELOPMENTS LTD
Wy Developments Ltd made £1.6m revenue and a £576k loss in the year to 30 Jun 2025.
Wy Developments Ltd’s revenue fell 55% to £1.6m in the year to 30 Jun 2025, with a loss of £576k and -4 employees. The company is classified under “development of building projects” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 10 yrs · since 2016
- 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 | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £4.1m | £3.1m | £3.4m | £1.6m |
| Cost of sales | — | £282k | £424k | £169k |
| Gross profit | £3.3m | £2.8m | £3m | £1.4m |
| Operating profit | −£22.8k | £627k | £65.1k | −£356k |
| Profit before tax | −£36.4k | £893k | −£241k | −£576k |
| Profit after tax | −£36.4k | £709k | −£241k | −£576k |
| Profit (best available) | −£36.4k | £709k | −£241k | −£576k |
| Employees (average) | -2 | -2 | -4 | -4 |
| Ratios | ||||
| Profit margin | −0.9% | 22.8% | −7% | −37% |
| Gross margin | 81.4% | 90.9% | 87.7% | 89.2% |
| Revenue per employee | −£2m | −£1.6m | −£861k | −£390k |
| Profit per employee | £18.2k | −£354k | £60.2k | £144k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼23.8% | ▲10.7% | ▼54.7% |
| Profit growth | — | — | ▼134% | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £524k | £845k | £708k | £14k |
| Net assets | £728k | £1.4m | £1.2m | £1.4m |
| Fixed assets | £2.2m | £1.4m | £1.7m | £975k |
| Current assets | £1.5m | £3m | £2.7m | £3.5m |
| Debtors | £1m | £659k | £117k | £118k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- −37%
- Profit ÷ revenue.
- Gross margin
- 89.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- −£390k
- Revenue ÷ average employees.
- Profit per employee
- £144k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 62.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.6%
- 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
- ▲20%
- Now £1.4m
- Cash at bank
- ▼98%
- Now £14k
- Headcount
- —
- Now -4
- Deferred income
- —
- Now —
- Fixed assets
- ▼43%
- Now £975k
Similar profitable businesses
- Urbanwise Developments LimitedLondon · Development of building projects
- Revenue
- £1.5m
- Profit
- £202k
- Staff
- 2
- R. & W. Estates (Buxton) LimitedWatford · Development of building projects
- Revenue
- £1.6m
- Profit
- £148k
- Staff
- 0
- Morgan Electrical North West LtdManchester · Development of building projects
- Revenue
- £1.5m
- Profit
- £715k
- Staff
- 14
- MJB Build LtdBrentwood · Development of building projects
- Revenue
- £1.6m
- Profit
- £11k
- Staff
- 2
- CBM Building Contractors LtdLondon · Development of building projects
- Revenue
- £1.5m
- Profit
- £86.4k
- Staff
- 2
- R C Services (South West) LimitedBristol · Development of building projects
- Revenue
- £1.6m
- Profit
- £319k
- Staff
- 2
Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit −£576k), from the Companies House accounts bulk data published Feb 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.