Heywood Development Capital LimitedDissolved
Registered name: HEYWOOD DEVELOPMENT CAPITAL LIMITED
Heywood Development Capital Limited made £10.2m revenue and £530k profit in the year to 31 Oct 2023.
Heywood Development Capital Limited’s revenue grew 1044% to £10.2m in the year to 31 Oct 2023, with £530k profit and 61 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 31 Oct 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £888k | £10.2m |
| Cost of sales | £639k | £6.5m |
| Gross profit | £249k | £3.7m |
| Operating profit | £61.7k | £965k |
| Profit before tax | £54.8k | £824k |
| Profit after tax | £38.7k | £530k |
| Profit (best available) | £38.7k | £530k |
| Staff costs | £218k | £3m |
| Employees (average) | — | 61 |
| Ratios | ||
| Profit margin | 4.4% | 5.2% |
| Gross margin | 28.1% | 36.4% |
| Revenue per employee | — | £167k |
| Profit per employee | — | £8.7k |
| Cash conversion | 2947% | 134.5% |
| Growth (year on year) | ||
| Revenue growth | — | ▲1044% |
| Profit growth | — | ▲1270% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £475k | £15.8k |
| Net assets | £2 | £5.4k |
| Fixed assets | £2.9m | £3.3m |
| Current assets | £3.2m | £2.5m |
| Debtors | £1.7m | £1.4m |
| Cash from operations | £1.8m | £1.3m |
| Source | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2025 |
How the business works
- Profit margin
- 5.2%
- Profit ÷ revenue.
- Gross margin
- 36.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £167k
- Revenue ÷ average employees.
- Profit per employee
- £8.7k
- Profit ÷ average employees.
- Cash conversion
- 134.5%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 32.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13.6%
- 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
- ▲268850%
- Now £5.4k
- Cash at bank
- ▼97%
- Now £15.8k
- Headcount
- —
- Now 61
- Deferred income
- —
- Now —
- Fixed assets
- ▲13%
- Now £3.3m
Sources
Latest figures from FullAccounts for the year to 31 Oct 2023 (profit £530k), from the Companies House accounts bulk data published Jan 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.