How much does New World Developments Limited make?

New World Developments Limited reported revenue of £19.8m and £346k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does New World Developments Limited have?

New World Developments Limited reported an average of 181 employees in the year to 31 Dec 2025.

Is New World Developments Limited profitable?

Yes — New World Developments Limited reported a profit of £346k in the year to 31 Dec 2025.

Company No. NI029589 · Incorporated 5 Jun 1995

New World Developments Limited

Registered name: NEW WORLD DEVELOPMENTS LIMITED

New World Developments Limited made £19.8m revenue and £346k profit in the year to 31 Dec 2025.

New World Developments Limited’s revenue fell 3% to £19.8m in the year to 31 Dec 2025, with £346k profit and 181 employees. The company is classified under “other manufacturing” and is based in Ballymena; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 32990Other manufacturing n.e.c.

Status: Active
Location: Ballymena, Northern Ireland
Age: 31 yrs · since 1995
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCash flow filed

Revenue

£19.8m

Growth ▼3.3%

Profit

£346k

Growth ▼22.3%

Profit margin

1.8%

Gross 31%

Employees

181

Change ▼10.8%

Profit / employee

£1.9k

Revenue/employee £110k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£21.7m	£21.3m	£20.5m	£19.8m
Cost of sales	£14.9m	£14.6m	£14.3m	£13.7m
Gross profit	£6.9m	£6.7m	£6.2m	£6.1m
Operating profit	£590k	£461k	£390k	£495k
Profit before tax	£500k	−£2.4m	£118k	£273k
Profit after tax	£402k	−£1.8m	£445k	£346k
Profit (best available)	£402k	−£1.8m	£445k	£346k
Staff costs	£7.4m	£6.9m	£6.9m	£6.7m
Employees (average)	238	209	203	181
Ratios
Profit margin	1.8%	−8.4%	2.2%	1.8%
Gross margin	31.6%	31.4%	30.3%	31%
Revenue per employee	£91.3k	£102k	£101k	£110k
Profit per employee	£1.7k	−£8.6k	£2.2k	£1.9k
Cash conversion	100.2%	−65.8%	243.8%	247.2%
Growth (year on year)
Revenue growth	—	▼1.7%	▼4%	▼3.3%
Profit growth	—	▼547.3%	—	▼22.3%
Headcount growth	—	▼12.2%	▼2.9%	▼10.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£179k	−£1.9m	−£2.1m	−£1.7m
Net assets	£7m	£5.7m	£5.8m	£5.8m
Fixed assets	£6.5m	£6.9m	£6.4m	£6m
Current assets	£7.5m	£7.6m	£6.7m	£7.1m
Debtors	£2.8m	£3.4m	£2.5m	£2.7m
Cash from operations	£592k	−£303k	£950k	£1.2m
Source	Reports and Financial Statements · bulk data Oct 2024	Reports and Financial Statements · bulk data Oct 2024	Reports and Financial Statements · bulk data Sep 2025	Reports and Financial Statements · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 1.8%; Profit ÷ revenue.
Gross margin: 31%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £110k; Revenue ÷ average employees.
Profit per employee: £1.9k; Profit ÷ average employees.
Cash conversion: 247.2%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 30.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.7%; 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: ▲1%; Now £5.8m
Cash at bank: —; Now −£1.7m
Headcount: ▼11%; Now 181
Deferred income: —; Now —
Fixed assets: ▼5%; Now £6m

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Sources

Companies House profile Filing history & original accounts

Latest figures from Reports and Financial Statements for the year to 31 Dec 2025 (profit £346k), from the Companies House accounts bulk data published Sep 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.