How much does Cortland Development UK Limited make?

Cortland Development UK Limited reported revenue of £2.2m and a loss of £2m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Cortland Development UK Limited have?

Cortland Development UK Limited reported an average of 13 employees in the year to 31 Dec 2024.

Is Cortland Development UK Limited profitable?

No — Cortland Development UK Limited reported a loss of £2m in the year to 31 Dec 2024.

Company No. 10829599 · Incorporated 21 Jun 2017

Cortland Development UK Limited

Registered name: CORTLAND DEVELOPMENT UK LIMITED

Part of Ciops Holdings UK Limited group

Cortland Development UK Limited made £2.2m revenue and a £2m loss in the year to 31 Dec 2024.

Cortland Development UK Limited’s revenue was £2.2m in the year to 31 Dec 2024, with a loss of £2m and 13 employees. The company is classified under “development of building projects” and is based in London.

Full P&L filedSIC 41100Development of building projects

Status: Active
Location: London
Age: 9 yrs · since 2017
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

Revenue

£2.2m

Growth —

Profit

−£2m

Growth —

Profit margin

−90.5%

Gross 96.9%

Employees

Change —

Profit / employee

−£151k

Revenue/employee £167k

Profitable streak

0yrs

Consecutive profitable years in our data

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2024
Disclosure	Full P&L
Profit & loss
Revenue (turnover)	£2.2m
Cost of sales	−£66.7k
Gross profit	£2.1m
Operating profit	−£2m
Profit before tax	−£2m
Profit after tax	−£2m
Profit (best available)	−£2m
Employees (average)	13
Ratios
Profit margin	−90.5%
Gross margin	96.9%
Revenue per employee	£167k
Profit per employee	−£151k
Balance sheet — indirect signals, not revenue
Net assets	—
Source	Accounts · bulk data Jul 2025

Derived from the latest filing

How the business works

Profit margin: −90.5%; Profit ÷ revenue.
Gross margin: 96.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £167k; Revenue ÷ average employees.
Profit per employee: −£151k; 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.

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: —; Now —
Cash at bank: —; Now —
Headcount: —; Now 13
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Ciops Holdings UK Limitedultimate parent75–100%
Cortland Holdings UK Limited75–100%
Cortland Development UK Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

Cortland Improvements UK LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2024 (profit −£2m), from the Companies House accounts bulk data published Jul 2025. Spotted an error? Request a correction.

Updated from Companies House on 17 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.