How much does Torsion Developments Limited make?

Torsion Developments Limited reported revenue of £1.9m and £7.2m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Torsion Developments Limited have?

Torsion Developments Limited reported an average of 12 employees in the year to 31 Dec 2024.

Is Torsion Developments Limited profitable?

Yes — Torsion Developments Limited reported a profit of £7.2m in the year to 31 Dec 2024.

Company No. 11327247 · Incorporated 24 Apr 2018

Torsion Developments Limited

Registered name: TORSION DEVELOPMENTS LIMITED

Torsion Developments Limited made £1.9m revenue and £7.2m profit in the year to 31 Dec 2024. read from filing text

Torsion Developments Limited’s revenue fell 38% to £1.9m in the year to 31 Dec 2024, with £7.2m profit and 12 employees. The company is classified under “development of building projects” and is based in Leeds; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41100Development of building projects

Status: Live but Receiver Manager on at least one charge
Location: Leeds, Yorkshire and The Humber
Age: 8 yrs · since 2018
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 is M”

Latest accounts · year to 31 Dec 2024

Key figures

Cash flow filed

Revenue

£1.9m

Growth ▼38.3%

Profit

£7.2m

Growth ▲134.7%

Profit margin

371.4%

Gross 80.5%

Employees

Change ▲33.3%

Profit / employee

£601k

Revenue/employee £162k

Profitable streak

3yrs

Consecutive profitable years in our data

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£549k	£3.1m	£1.9m
Cost of sales	£216k	£5.6k	£379k
Gross profit	£333k	£3.1m	£1.6m
Operating profit	−£453k	£1.3m	£335k
Profit before tax	£820k	£3.1m	£7.2m
Profit after tax	£431k	£3.1m	£7.2m
Profit (best available)	£431k	£3.1m	£7.2m
Staff costs	£454k	£621k	£544k
Employees (average)	8	9	12
Ratios
Profit margin	78.5%	97.6%	371.4%
Gross margin	60.7%	99.8%	80.5%
Revenue per employee	£68.7k	£350k	£162k
Profit per employee	£53.9k	£341k	£601k
Cash conversion	—	−6.3%	−6688%
Growth (year on year)
Revenue growth	—	▲473.2%	▼38.3%
Profit growth	—	▲613.3%	▲134.7%
Headcount growth	—	▲12.5%	▲33.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.7m	£3.5m	£3.4m
Net assets	£8.1m	£10.9m	£17.7m
Fixed assets	£10.6m	£11.4m	£38.7m
Current assets	£7.8m	£14.6m	£12.4m
Debtors	£433k	£284k	£521k
Deferred income	£213k	£420k	£21.1k
Cash from operations	−£1.4m	−£78.4k	−£22.4m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Aug 2025

Derived from the latest filing

How the business works

Profit margin: 371.4%; Profit ÷ revenue.
Gross margin: 80.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £162k; Revenue ÷ average employees.
Profit per employee: £601k; Profit ÷ average employees.
Cash conversion: −6688%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1991%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 26.8%; 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: ▲63%; Now £17.7m
Cash at bank: ▼2%; Now £3.4m
Headcount: ▲33%; Now 12
Deferred income: ▼95%; Now £21.1k
Fixed assets: ▲238%; Now £38.7m

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

Subsidiaries (10)

Torsion (Curzon Circle) LtdFigures not disclosed
Torsion (Flax Place) Devco LimitedFigures not disclosed
Torsion (Guildhall) LimitedFigures not disclosed
Torsion (Index House) Devco LtdFigures not disclosed
Torsion (Index House) LimitedFigures not disclosed
Torsion (Tritton Road) LimitedFigures not disclosed
Torsion DR2H (RQ) LimitedFigures not disclosed
Torsion DR2H Devco LtdFigures not disclosed
Torsion Eastgate Holdco LimitedFigures not disclosed
Torsion Eastgate Plot a 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 2024 (profit £7.2m), from the Companies House accounts bulk data published Aug 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.