RMG Developments Ltd
Registered name: RMG DEVELOPMENTS LTD
RMG Developments Ltd made £211k revenue and £5k profit in the year to 31 May 2025.
RMG Developments Ltd’s revenue fell 79% to £211k in the year to 31 May 2025, with £5k profit and 2 employees. The company is classified under “construction of commercial buildings” and is based in Northampton; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Northampton, East Midlands
- Age
- 3 yrs · since 2023
- 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 2024 | 31 May 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £1m | £211k |
| Profit after tax | £142k | £5k |
| Profit (best available) | £142k | £5k |
| Staff costs | £213k | £117k |
| Employees (average) | 4 | 2 |
| Ratios | ||
| Profit margin | 13.9% | 2.4% |
| Revenue per employee | £255k | £105k |
| Profit per employee | £35.5k | £2.5k |
| Growth (year on year) | ||
| Revenue growth | — | ▼79.4% |
| Profit growth | — | ▼96.5% |
| Headcount growth | — | ▼50% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £7.3k | — |
| Net assets | £142k | £146k |
| Fixed assets | £29.3k | £29.4k |
| Current assets | £179k | £119k |
| Debtors | £171k | — |
| Source | AbridgedAccounts · bulk data Sep 2024 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 2.4%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £105k
- Revenue ÷ average employees.
- Profit per employee
- £2.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 13.9%
- 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
- ▲2%
- Now £146k
- Cash at bank
- —
- Now —
- Headcount
- ▼50%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- ▲0%
- Now £29.4k
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- Profit
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- Profit
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Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £5k), from the Companies House accounts bulk data published Jan 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.