Treveth Development LLP
Registered name: TREVETH DEVELOPMENT LLP
Part of Cornwall Council groupTreveth Development LLP made £36.1m revenue and a £1.9m loss in the year to 31 Mar 2025. read from filing text
Treveth Development LLP’s revenue grew 67% to £36.1m in the year to 31 Mar 2025, with a loss of £1.9m and 0 employees. The company is based in Truro; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Truro, South West
- Age
- 7 yrs · since 2019
- Type
- Limited Liability Partnership
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.
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. From the filing: “The immediate parent undertaking is Treveth Holdings LLP.”
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 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £292k | £21.7m | £36.1m |
| Gross profit | −£850k | −£5.8m | −£1.7m |
| Operating profit | −£863k | −£5.8m | −£1.5m |
| Profit after tax | −£1.1m | −£6m | −£1.9m |
| Profit (best available) | −£1.1m | −£6m | −£1.9m |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | −384.5% | −27.9% | −5.1% |
| Gross margin | −291.6% | −26.7% | −4.8% |
| Growth (year on year) | |||
| Revenue growth | — | ▲7327% | ▲66.8% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- −5.1%
- Profit ÷ revenue.
- Gross margin
- −4.8%
- 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
- —
- 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.
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
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Cornwall Council (registered outside the UK register)ultimate parent75–100%
- Treveth Development LLPthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£1.9m), from the Companies House accounts bulk data published Nov 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.