Devon Contractors (Topco) Limited
Registered name: DEVON CONTRACTORS (TOPCO) LIMITED
Devon Contractors (Topco) Limited made £22m revenue and a £103k loss in the year to 31 May 2025.
Devon Contractors (Topco) Limited’s revenue was £22m in the year to 31 May 2025, with a loss of £103k and 32 employees. The company is classified under “activities of other holding companies” and is based in Exeter.
- Status
- Active
- Location
- Exeter, South West
- Age
- 2 yrs · since 2024
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2025 |
|---|---|
| Disclosure | Full P&L |
| Profit & loss | |
| Revenue (turnover) | £22m |
| Cost of sales | £21.1m |
| Gross profit | £889k |
| Operating profit | −£33.9k |
| Profit before tax | −£84.1k |
| Profit after tax | −£103k |
| Profit (best available) | −£103k |
| Staff costs | £1.9m |
| Employees (average) | 32 |
| Ratios | |
| Profit margin | −0.5% |
| Gross margin | 4% |
| Revenue per employee | £688k |
| Profit per employee | −£3.2k |
| Balance sheet — indirect signals, not revenue | |
| Cash at bank | £4.5m |
| Net assets | £817k |
| Fixed assets | £3.6m |
| Current assets | £6.9m |
| Debtors | £115k |
| Cash from operations | £2.7m |
| Source | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- −0.5%
- Profit ÷ revenue.
- Gross margin
- 4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £688k
- Revenue ÷ average employees.
- Profit per employee
- −£3.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 16.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.5%
- 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 £817k
- Cash at bank
- —
- Now £4.5m
- Headcount
- —
- Now 32
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £3.6m
Group structure
Subsidiaries (1)
- Devon Contractors (Holdings) LimitedRev. £20.2m · Profit £44k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit −£103k), 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.