Worthdev Ltd
Registered name: WORTHDEV LTD
Worthdev Ltd made £399 revenue and a £4.6k loss in the year to 28 Feb 2025.
Worthdev Ltd’s revenue fell 87% to £399 in the year to 28 Feb 2025, with a loss of £4.6k and 1 employee. The company is classified under “fund management activities” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 5 yrs · since 2021
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2022 | 28 Feb 2023 | 29 Feb 2024 | 28 Feb 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £3.1k | £399 |
| Profit after tax | — | — | −£9.3k | −£4.6k |
| Profit (best available) | — | — | −£9.3k | −£4.6k |
| Staff costs | — | — | £7.5k | £2.1k |
| Employees (average) | 1 | 1 | 1 | 1 |
| Ratios | ||||
| Profit margin | — | — | −300.4% | −1145% |
| Revenue per employee | — | — | £3.1k | £399 |
| Profit per employee | — | — | −£9.3k | −£4.6k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼87.2% |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £5.9k | £14.7k | −£24.1k | £28.7k |
| Fixed assets | £0 | £0 | — | — |
| Current assets | £14 | £1k | £833 | £28.7k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −1145%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £399
- Revenue ÷ average employees.
- Profit per employee
- −£4.6k
- 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 £28.7k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit −£4.6k), from the Companies House accounts bulk data published Dec 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.