How much does Bullick Developments (1986) Limited make?

Bullick Developments (1986) Limited reported revenue of £394k and a loss of £1.9m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Bullick Developments (1986) Limited have?

Bullick Developments (1986) Limited reported an average of 10 employees in the year to 31 Dec 2024.

Is Bullick Developments (1986) Limited profitable?

No — Bullick Developments (1986) Limited reported a loss of £1.9m in the year to 31 Dec 2024.

Company No. NI019469 · Incorporated 13 May 1986

Bullick Developments (1986) Limited

Registered name: BULLICK DEVELOPMENTS (1986) LIMITED

Part of Corick Investments Limited group

Bullick Developments (1986) Limited made £394k revenue and a £1.9m loss in the year to 31 Dec 2024. read from filing text

Bullick Developments (1986) Limited’s revenue fell 66% to £394k in the year to 31 Dec 2024, with a loss of £1.9m and 10 employees. The company is classified under “other letting and operating of own or leased real estate” and is based in Newtownabbey; we hold 3 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68209Other letting and operating of own or leased real estate

Status: Active
Location: Newtownabbey, Northern Ireland
Age: 40 yrs · since 1986
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 Dec 2024

Key figures

Revenue

£394k

Growth ▼66%

Profit

−£1.9m

Growth ▼134.2%

Profit margin

−488.2%

Gross 30%

Employees

Change ▲25%

Profit / employee

−£192k

Revenue/employee £39.4k

Profitable streak

0yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£1.5m	£1.2m	£394k
Cost of sales	£709k	£484k	£275k
Gross profit	£797k	£673k	£118k
Operating profit	£270k	£308k	−£494k
Profit before tax	−£8.4k	£5.6m	−£528k
Profit after tax	−£8.4k	£5.6m	−£1.9m
Profit (best available)	−£8.4k	£5.6m	−£1.9m
Employees (average)	7	8	10
Ratios
Profit margin	−0.6%	486.2%	−488.2%
Gross margin	52.9%	58.2%	30%
Revenue per employee	£215k	£145k	£39.4k
Profit per employee	−£1.2k	£703k	−£192k
Growth (year on year)
Revenue growth	—	▼23.2%	▼66%
Profit growth	—	—	▼134.2%
Headcount growth	—	▲14.3%	▲25%
Balance sheet — indirect signals, not revenue
Cash at bank	£62	£86.3k	£60
Net assets	£3.1m	£5.8m	£3.9m
Fixed assets	£6.2m	£1m	£609k
Current assets	£1.9m	£6m	£4.9m
Debtors	£121k	£182k	£118k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −488.2%; Profit ÷ revenue.
Gross margin: 30%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £39.4k; Revenue ÷ average employees.
Profit per employee: −£192k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 154.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 30.1%; 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: ▼33%; Now £3.9m
Cash at bank: ▼100%; Now £60
Headcount: ▲25%; Now 10
Deferred income: —; Now —
Fixed assets: ▼41%; Now £609k

Corporate ownership

Group structure

Ownership chain

Corick Investments Limitedultimate parent75–100%
Bulcor Limited75–100%
Bullick Developments (1986) Limitedthis company

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

Subsidiaries (2)

Bullick Developments (2023) LimitedRev. £1.1m · Profit £391k
F G Anderson & Sons LtdRev. £0 · Profit £798k

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£1.9m), from the Companies House accounts bulk data published Sep 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.