DEVELOP NORTH PLC

Active Newcastle Upon Tyne

Activities of investment trusts

0 employees website.com
Financial services Activities of investment trusts
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DEVELOP NORTH PLC

Activities of investment trusts

Founded 27 Sept 2016 Active Newcastle Upon Tyne, Tyne And Wear, England 0 employees website.com
Financial services Activities of investment trusts

Previous Company Names

TOC PROPERTY BACKED LENDING TRUST PLC 27 Sept 2016 — 4 May 2022
Accounts Submitted 22 May 2025 Next due 31 May 2026 1 month remaining
Confirmation Submitted 6 Oct 2025 Next due 10 Oct 2026 5 months remaining
Net assets £20M £768K 2024 year on year
Total assets £22M £1M 2024 year on year
Total Liabilities £2M £2M 2024 year on year
Charges 1
1 outstanding

Contact & Details

Contact

Registered Address

Wizu Workspace Portland House New Bridge Street West Newcastle Upon Tyne, Tyne And Wear NE1 8AL England

Telephone

0800 000 0000

Email

info@example.com

Website

www.example.com

Full company profile for DEVELOP NORTH PLC (10395804), an active financial services company based in Newcastle Upon Tyne, Tyne And Wear, England. Incorporated 27 Sept 2016. Activities of investment trusts. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Balance Sheet & P&L (2016–2024)

Cash in Bank

£3.01M

Decreased by £1.16M (-28%)

Net Assets

£19.94M

Decreased by £768.00k (-4%)

Total Liabilities

£2.24M

Increased by £2.05M (+1073%)

Turnover

£126.00k

Increased by £94.00k (+294%)

Employees

N/A

Debt Ratio

10%

Increased by 9 (+900%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

Funding Rounds 3

Investors (1)

Investor NameInvestor SinceParticipating Rounds
Investor 1Oct 2018Debt Financing

Share Capital

Share Capital

Share allotments and capital structure

9 Allotments 9,623,113 Shares £9.62m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
21 Jun 20181,305,031£1.31m£1.31m
9 Apr 20181,350,000£1.35m£1.35m
6 Mar 2018617,216£617k£617k
11 Dec 2017958,257£958k£958k
19 Oct 2017731,048£731k£731k

Officers

Officers

1 active 2 resigned
Status
Apex Fund Administration Services (uk) LimitedCorporate-secretaryUnited KingdomUnknown27 Jul 2021Active

Shareholders

Shareholders (8)

Preston's Transport Limited
6.3%
B Thompson
6.1%

Persons with Significant Control

Persons with Significant Control (0)

0 Active 1 Ceased

Tier One Capital Limited

Ceased 24 Jan 2017

Ceased

Group Structure

Group Structure

DEVELOP NORTH PLC Current Company

Charges

Charges

1 outstanding

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
21 Mar 2026AddressChange Registered Office Address Company With Date Old Address New Address
11 Mar 2026IncorporationMemorandum Articles
11 Mar 2026ResolutionResolutions
10 Mar 2026AddressChange Registered Office Address Company With Date Old Address New Address
6 Mar 2026AddressChange Registered Office Address Company With Date Old Address New Address
21 Mar 2026 Address

Change Registered Office Address Company With Date Old Address New Address

11 Mar 2026 Incorporation

Memorandum Articles

11 Mar 2026 Resolution

Resolutions

10 Mar 2026 Address

Change Registered Office Address Company With Date Old Address New Address

6 Mar 2026 Address

Change Registered Office Address Company With Date Old Address New Address

Recent Activity

Latest Activity

Change Registered Office Address Company With Date Old Address New Address

1 months ago on 21 Mar 2026

Memorandum Articles

1 months ago on 11 Mar 2026

Resolutions

1 months ago on 11 Mar 2026

Change Registered Office Address Company With Date Old Address New Address

1 months ago on 10 Mar 2026

Change Registered Office Address Company With Date Old Address New Address

1 months ago on 6 Mar 2026