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Company No. 14894507 · Incorporated 25 May 2023

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.

Full P&L filedSection F · ConstructionSIC 41201Construction of commercial buildings
Status
Active
Location
Northampton, East Midlands
Age
3 yrs · since 2023
Type
Private Limited Company
Latest accounts · year to 31 May 2025

Key figures

IndependentSmall teamYoung and profitable
Revenue
£211k
Growth ▼79.4%
Profit
£5k
Growth ▼96.5%
Profit margin
2.4%
 
Employees
2
Change ▼50%
Profit / employee
£2.5k
Revenue/employee £105k
Profitable streak
2yrs
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 May 202431 May 2025
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£1m£211k
Profit after tax£142k£5k
Profit (best available)£142k£5k
Staff costs£213k£117k
Employees (average)42
Ratios
Profit margin13.9%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—
SourceAbridgedAccounts · bulk data Sep 2024FullAccounts · bulk data Jan 2026
Derived from the latest filing

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.
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
▲2%
Now £146k
Cash at bank
—
Now —
Headcount
▼50%
Now 2
Deferred income
—
Now —
Fixed assets
▲0%
Now £29.4k
Same industry, similar size

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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.