South West Mull and Iona Development
Registered name: SOUTH WEST MULL AND IONA DEVELOPMENT
South West Mull and Iona Development made £314k revenue and £102k profit in the year to 31 Mar 2025.
South West Mull and Iona Development’s revenue grew 936% to £314k in the year to 31 Mar 2025, with £102k profit and 8 employees. The company is classified under “silviculture and other forestry activities” and is based in Isle of Mull; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Isle of Mull, Scotland
- Age
- 12 yrs · since 2014
- Type
- PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. 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 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £304k | £313k | £30.3k | £314k |
| Cost of sales | £34k | £108k | £45.7k | £66.7k |
| Gross profit | £270k | £205k | −£15.4k | £247k |
| Operating profit | £160k | £106k | −£146k | — |
| Profit before tax | £154k | £104k | −£146k | £102k |
| Profit after tax | £154k | £104k | −£146k | £102k |
| Profit (best available) | £154k | £104k | −£146k | £102k |
| Employees (average) | 7 | 10 | 10 | 8 |
| Ratios | ||||
| Profit margin | 50.8% | 33.3% | −481.3% | 32.4% |
| Gross margin | 88.8% | 65.4% | −50.7% | 78.7% |
| Revenue per employee | £43.4k | £31.3k | £3k | £39.2k |
| Profit per employee | £22.1k | £10.4k | −£14.6k | £12.7k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲2.9% | ▼90.3% | ▲935.8% |
| Profit growth | — | ▼32.6% | ▼240.1% | — |
| Headcount growth | — | ▲42.9% | 0% | ▼20% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £263k | £272k | £137k | £228k |
| Net assets | £342k | £447k | £301k | £402k |
| Fixed assets | £1.5m | £1.6m | £1.5m | £1.5m |
| Current assets | £315k | £301k | £150k | £237k |
| Debtors | £1.8k | £358 | £6.5k | £4.5k |
| Deferred income | £138k | £87.6k | £76.1k | £61.1k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 32.4%
- Profit ÷ revenue.
- Gross margin
- 78.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £39.2k
- Revenue ÷ average employees.
- Profit per employee
- £12.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 485.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 19.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.4%
- 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
- ▲34%
- Now £402k
- Cash at bank
- ▲67%
- Now £228k
- Headcount
- ▼20%
- Now 8
- Deferred income
- ▼20%
- Now £61.1k
- Fixed assets
- ▼1%
- Now £1.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Yorgreen CICKeighley · Silviculture and other forestry activities
- Revenue
- £342k
- Profit
- £11.2k
- Staff
- 3
- McKnight's Forestry & Landscaping LtdRuthin · Silviculture and other forestry activities
- Revenue
- £225k
- Profit
- £21.4k
- Staff
- 2
- Wye Coppice CICColeford · Silviculture and other forestry activities
- Revenue
- £120k
- Profit
- £58.1k
- Staff
- 3
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £102k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.