Updev Ltd
Registered name: UPDEV LTD
Updev Ltd made £30.1k revenue and £13.8k profit in the year to 31 May 2025.
Updev Ltd’s revenue grew 77% to £30.1k in the year to 31 May 2025, with £13.8k profit and 1 employee. The company is classified under “other engineering 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
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £35.5k | £17k | £30.1k |
| Profit after tax | — | £733 | −£33 | £13.8k |
| Profit (best available) | — | £733 | −£33 | £13.8k |
| Staff costs | — | £17.4k | £10k | — |
| Employees (average) | 1 | 1 | 1 | 1 |
| Ratios | ||||
| Profit margin | — | 2.1% | −0.2% | 45.9% |
| Revenue per employee | — | £35.5k | £17k | £30.1k |
| Profit per employee | — | £733 | −£33 | £13.8k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼52.2% | ▲77% |
| Profit growth | — | — | ▼104.5% | — |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £4.3k | £5k | −£9k | £12.6k |
| Fixed assets | £0 | £0 | — | £5.7k |
| Current assets | £30.5k | £0 | — | £13.1k |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 45.9%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £30.1k
- Revenue ÷ average employees.
- Profit per employee
- £13.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 19%
- 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 £12.6k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £5.7k
Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £13.8k), from the Companies House accounts bulk data published Feb 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.