NTN Devco Limited
Registered name: NTN DEVCO LIMITED
Part of Orion European Real Estate Fund V Slp groupNTN Devco Limited made £4.8m revenue and £130k profit in the year to 31 Dec 2025.
NTN Devco Limited’s revenue grew 30% to £4.8m in the year to 31 Dec 2025, with £130k profit. The company is classified under “management of real estate on a fee or contract basis” and is based in London; we hold 3 years of its filed accounts.
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £3.2m | £3.7m | £4.8m |
| Operating profit | £351k | £139k | £124k |
| Profit before tax | £366k | £167k | £130k |
| Profit after tax | £365k | £167k | £130k |
| Profit (best available) | £365k | £167k | £130k |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 11.6% | 4.5% | 2.7% |
| Growth (year on year) | |||
| Revenue growth | — | ▲17.7% | ▲29.9% |
| Profit growth | — | ▼54.3% | ▼22.1% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 2.7%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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 —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Orion European Real Estate Fund V Slp (registered outside the UK register)ultimate parent75–100%
- NTN Devco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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- Revenue
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- Profit
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- Staff
- —
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- Profit
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- Manchester Life Management LimitedManchester · Management of real estate on a fee or contract basis
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Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £130k), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Updated from Companies House on 12 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.