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Company No. 14093648 · Incorporated 9 May 2022

Tribe Watkin Road (1-3 & 9) Devco Limited

Registered name: TRIBE WATKIN ROAD (1-3 & 9) DEVCO LIMITED

Part of Tribe Student Housing Limited group

Tribe Watkin Road (1-3 & 9) Devco Limited made £4.5m revenue and £165k profit in the year to 31 Aug 2025.

Tribe Watkin Road (1-3 & 9) Devco Limited’s revenue was £4.5m in the year to 31 Aug 2025, with £165k profit. The company is classified under “development of building projects” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41100Development of building projects
Status
Active
Location
London, London
Age
4 yrs · since 2022
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.

Latest accounts · year to 31 Aug 2025

Key figures

Young and profitable
Revenue
£4.5m
Growth —
Profit
£165k
Growth —
Profit margin
3.7%
Gross 6.5%
Employees
—
Change —
Profit / employee
—
 
Profitable streak
1yr
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Aug 202431 Aug 2025
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£0£4.5m
Cost of sales£0−£4.2m
Gross profit£0£291k
Profit before tax−£152k£203k
Profit after tax−£152k£165k
Profit (best available)−£152k£165k
Employees (average)——
Ratios
Profit margin—3.7%
Gross margin—6.5%
Balance sheet — indirect signals, not revenue
Net assets——
SourceAccounts · bulk data May 2026Accounts · bulk data May 2026
Derived from the latest filing

How the business works

Profit margin
3.7%
Profit ÷ revenue.
Gross margin
6.5%
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.
Indirect — not revenue

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 —
Corporate ownership

Group structure

Ownership chain

  1. Tribe Student Housing Limitedultimate parent75–100%
  2. Tribe Watkin Road (1-3 & 9) Devco Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (35)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Aug 2025 (profit £165k), from the Companies House accounts bulk data published May 2026. 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.