Old Kent Road Devco Limited
Registered name: OLD KENT ROAD DEVCO LIMITED
Part of Tribe Student Housing Limited groupOld Kent Road Devco Limited made £14m revenue and £0 profit in the year to 31 Aug 2024.
Old Kent Road Devco Limited’s revenue fell 12% to £14m in the year to 31 Aug 2024, with £0 profit. The company is classified under “development of building projects” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 5 yrs · since 2021
- 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 Aug 2023 | 31 Aug 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £16m | £14m |
| Cost of sales | −£15.4m | −£13.4m |
| Gross profit | £637k | £638k |
| Profit before tax | £109k | £0 |
| Profit after tax | £109k | £0 |
| Profit (best available) | £109k | £0 |
| Employees (average) | — | — |
| Ratios | ||
| Profit margin | 0.7% | 0% |
| Gross margin | 4% | 4.5% |
| Growth (year on year) | ||
| Revenue growth | — | ▼12.3% |
| Profit growth | — | ▼100% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Apr 2025 | Accounts · bulk data Apr 2025 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 4.5%
- 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
- Tribe Student Housing Limitedultimate parent75–100%
- Old Kent Road Devco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (35)
- Tribe Avonmouth House Devco LimitedRev. £19.8m · Profit £0
- Tribe ST James Street Devco LimitedRev. £7.1m · Profit £43.4k
- Tribe Watkin Road (1-3 & 9) Devco LimitedRev. £4.5m · Profit £165k
- Tribe Ilderton Road Opco LimitedRev. £3.2m · Profit −£309k
- Old Kent Road (671-679) Opco LimitedRev. £2.5m · Profit −£937k
- Tribe Ilderton Road Devco LimitedRev. £293k · Profit −£289k
- Tribe Avonmouth House LimitedRev. £0 · Profit −£2.7m
- Cetra Systems LimitedFigures not disclosed
- Newington Causeway Devco LimitedFigures not disclosed
- Newington Causeway Investments LtdFigures not disclosed
- Tribe Avonmouth House Opco LimitedFigures not disclosed
- Tribe Belmore Street LimitedFigures not disclosed
- Tribe Brunner Road (80, 85 & 86) Devco Ltd.Figures not disclosed
- Tribe Brunner Road (80, 85 & 86) LtdFigures not disclosed
- Tribe Brunner Road (86A) LimitedFigures not disclosed
- Tribe Commercial LimitedFigures not disclosed
- Tribe Greenwich Quay LimitedFigures not disclosed
- Tribe Grove Street Devco LimitedFigures not disclosed
- Tribe Grove Street LimitedFigures not disclosed
- Tribe Ilderton Road LimitedFigures not disclosed
- Tribe Ilderton Road Management Company LimitedFigures not disclosed
- Tribe London LimitedFigures not disclosed
- Tribe Old Kent Road Holdco LimitedFigures not disclosed
- Tribe Ravensbourne Devco LimitedFigures not disclosed
- Tribe Ravensbourne LtdFigures not disclosed
- Tribe ST James Street LimitedFigures not disclosed
- Tribe ST James Street Opco LimitedFigures not disclosed
- Tribe Student Housing (Payroll) LimitedFigures not disclosed
- Tribe Studios LimitedFigures not disclosed
- Tribe Sun Wharf LimitedFigures not disclosed
- Tribe Watkin Road (1-3 & 9) LimitedFigures not disclosed
- Your Tribe Leisure LimitedFigures not disclosed
- Your Tribe Music LimitedFigures not disclosed
- Your Tribe Retail LimitedFigures not disclosed
- Yourtribe Studios LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Opecprime Development LimitedLondon · Development of building projects
- Revenue
- £14.1m
- Profit
- £508k
- Staff
- 25
- Leck Construction LimitedDevelopment of building projects
- Revenue
- £14.1m
- Profit
- £445k
- Staff
- 68
- Quinn Estates LimitedBridge · Development of building projects
- Revenue
- £14.1m
- Profit
- £66.3k
- Staff
- 26
- Cara Construction LimitedManchester · Development of building projects
- Revenue
- £14.1m
- Profit
- £367k
- Staff
- 53
- Ashwood Scotland LimitedLivingston · Development of building projects
- Revenue
- £14.3m
- Profit
- £192k
- Staff
- 52
- Lysander Associates LimitedGodalming · Development of building projects
- Revenue
- £13.8m
- Profit
- £2m
- Staff
- 66
Sources
Latest figures from accounts for the year to 31 Aug 2024 (profit £0), from the Companies House accounts bulk data published Apr 2025. Spotted an error? Request a correction.
Updated from Companies House on 14 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.