Medway Development Company Limited
Registered name: MEDWAY DEVELOPMENT COMPANY LIMITED
Part of Medway Council groupMedway Development Company Limited made a £131k loss in the year to 31 Mar 2025 (revenue not disclosed).
Medway Development Company Limited reported a loss of £131k in the year to 31 Mar 2025; its revenue was not disclosed. It had 14 employees. The company is classified under “buying and selling of own real estate” and is based in Chatham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Chatham, South East
- Age
- 9 yrs · since 2017
- 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.
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 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Profit only | Profit only |
| Profit & loss | ||||
| Revenue (turnover) | £1.2m | £4.8m | — | — |
| Cost of sales | — | £4.9m | — | — |
| Gross profit | — | −£93.7k | — | — |
| Operating profit | — | −£662k | — | — |
| Profit before tax | — | −£1.7m | — | — |
| Profit after tax | £38.5k | −£213k | −£1.1m | −£131k |
| Profit (best available) | £38.5k | −£213k | −£1.1m | −£131k |
| Employees (average) | 4 | 6 | 12 | 14 |
| Ratios | ||||
| Profit margin | 3.1% | −4.5% | — | — |
| Gross margin | — | −1.9% | — | — |
| Revenue per employee | £312k | £799k | — | — |
| Profit per employee | £9.6k | −£35.6k | −£89.4k | −£9.4k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲284.4% | — | — |
| Profit growth | — | ▼653.8% | — | — |
| Headcount growth | — | ▲50% | ▲100% | ▲16.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £461k | £18.2k | £10k | £54.1k |
| Net assets | £23.2k | −£190k | −£1.3m | −£1.4m |
| Fixed assets | £109 | £72 | £12.3k | £12.5k |
| Current assets | £582k | £340k | £93.5k | £110k |
| Debtors | £103k | £255k | £45.7k | £56.4k |
| Deferred income | — | — | £96.2k | £39.2k |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2026 | FullAccounts · bulk data Mar 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
- −£9.4k
- 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
- —
- 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 −£1.4m
- Cash at bank
- ▲439%
- Now £54.1k
- Headcount
- ▲17%
- Now 14
- Deferred income
- ▼59%
- Now £39.2k
- Fixed assets
- ▲2%
- Now £12.5k
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
- Medway Council (registered outside the UK register)ultimate parent75–100%
- Medway Development Company Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- Medway Development Company (Land and Projects) LtdRev. £32.6m · Profit −£7.6m
- Medway Development Company (New Homes) LtdFigures not disclosed
- Medway Development Company (PRS) LtdFigures 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 Mar 2025 (profit −£131k), from the Companies House accounts bulk data published Mar 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.