Morgan De Vere Wills & Trusts LLP
Registered name: MORGAN DE VERE WILLS & TRUSTS LLP
Morgan De Vere Wills & Trusts LLP made £85.1k revenue and a £12.6k loss in the year to 31 Mar 2026.
Morgan De Vere Wills & Trusts LLP’s revenue fell 6% to £85.1k in the year to 31 Mar 2026, with a loss of £12.6k and 0 employees. The company is based in Turvey; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Turvey, South East
- Age
- 16 yrs · since 2010
- Type
- Limited Liability Partnership
Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. 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 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £38.9k | £87.9k | £90.9k | £85.1k |
| Cost of sales | £19.3k | £24.5k | £21.6k | £30.5k |
| Gross profit | £19.6k | £63.4k | £69.2k | £54.6k |
| Operating profit | £8.8k | £11.9k | −£55.5k | −£6.3k |
| Profit after tax | £8.7k | £9.9k | −£60.6k | −£12.6k |
| Profit (best available) | £8.7k | £9.9k | −£60.6k | −£12.6k |
| Employees (average) | 1 | 2 | 3 | 0 |
| Ratios | ||||
| Profit margin | 22.4% | 11.3% | −66.7% | −14.8% |
| Gross margin | 50.4% | 72.1% | 76.2% | 64.2% |
| Revenue per employee | £38.9k | £44k | £30.3k | — |
| Profit per employee | £8.7k | £5k | −£20.2k | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲125.9% | ▲3.4% | ▼6.4% |
| Profit growth | — | ▲13.9% | ▼710.2% | — |
| Headcount growth | — | ▲100% | ▲50% | ▼100% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £15.1k | £3.7k | £9.3k | £6.4k |
| Net assets | — | — | — | — |
| Fixed assets | £62.6k | £178k | £133k | £0 |
| Current assets | £23.8k | £22.9k | £71.7k | £98.2k |
| Debtors | £8.7k | £19.2k | £62.4k | £91.9k |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- −14.8%
- Profit ÷ revenue.
- Gross margin
- 64.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 107.9%
- 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 —
- Cash at bank
- ▼32%
- Now £6.4k
- Headcount
- ▼100%
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼100%
- Now £0
Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit −£12.6k), from the Companies House accounts bulk data published Apr 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.