How much does Spring Dev 03 Limited make?

Spring Dev 03 Limited reported revenue of £109k and a loss of £393k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Spring Dev 03 Limited have?

Spring Dev 03 Limited reported an average of 2 employees in the year to 31 Dec 2025.

Is Spring Dev 03 Limited profitable?

No — Spring Dev 03 Limited reported a loss of £393k in the year to 31 Dec 2025.

Company No. 11977176 · Incorporated 3 May 2019

Spring Dev 03 Limited

Registered name: SPRING DEV 03 LIMITED

Part of Spring Dev 04 Limited group

Spring Dev 03 Limited made £109k revenue and a £393k loss in the year to 31 Dec 2025. read from filing text

Spring Dev 03 Limited’s revenue grew 309% to £109k in the year to 31 Dec 2025, with a loss of £393k and 2 employees. The company is classified under “production of electricity” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection D · Electricity, gas, steam and air conditioning supplySIC 35110Production of electricity

Status: Active
Location: London, London
Age: 7 yrs · since 2019
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

Small teamDoing more with lessCash flow filed

Revenue

£109k

Growth ▲308.7%

Profit

−£393k

Growth ▼114.3%

Profit margin

−359.2%

Gross 61%

Employees

Change ▼33.3%

Profit / employee

−£196k

Revenue/employee £54.6k

Profitable streak

0yrs

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	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£0	£11.1k	£26.7k	£109k
Cost of sales	£0	£11.1k	£51.1k	£42.7k
Gross profit	£0	£0	−£24.3k	£66.6k
Operating profit	−£17.1k	−£227k	−£68.6k	−£366k
Profit before tax	−£17.6k	−£352k	−£341k	−£665k
Profit after tax	−£17.6k	−£188k	£2.7m	−£393k
Profit (best available)	−£17.6k	−£188k	£2.7m	−£393k
Employees (average)	2	4	3	2
Ratios
Profit margin	—	−1696%	10240%	−359.2%
Gross margin	—	0%	−91%	61%
Revenue per employee	£0	£2.8k	£8.9k	£54.6k
Profit per employee	−£8.8k	−£46.9k	£913k	−£196k
Growth (year on year)
Revenue growth	—	—	▲141.4%	▲308.7%
Profit growth	—	—	—	▼114.3%
Headcount growth	—	▲100%	▼25%	▼33.3%
Balance sheet — indirect signals, not revenue
Cash at bank	—	£1.1k	£2.4m	£2.4m
Net assets	−£19.1k	−£207k	£2.5m	£2.1m
Current assets	£237k	£651k	—	—
Cash from operations	£546k	£722k	£26.8m	£2m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −359.2%; Profit ÷ revenue.
Gross margin: 61%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £54.6k; Revenue ÷ average employees.
Profit per employee: −£196k; 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.

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: ▼16%; Now £2.1m
Cash at bank: ▼4%; Now £2.4m
Headcount: ▼33%; Now 2
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Spring Dev 04 Limitedultimate parent75–100%
UK Hollywood Holding Limited75–100%
Hollywood Borrower Limited75–100%
Spring Dev 03 Limitedthis company

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

Sister companies (3)

Spring Dev 02 LimitedRev. £3.1m · Profit −£523k
Spring Dev 01 LimitedRev. £1.5m · Profit −£164k
Spring Dev 07 LimitedRev. £0 · Profit £624k

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 −£393k), 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.