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 29 May 2026 Next due 31 May 2026 10 days overdue
Confirmation
Net assets £19M £584K 2025 year on year
Total assets £26M £4M 2025 year on year
Total Liabilities £7M £5M 2025 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

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 Dec → 30 Nov 2025
Type full
Next accounts 30 Nov 2025
Due by 31 May 2026 1 month overdue

Balance Sheet & P&L (2016–2025)

Cash in Bank

£707.00k

Decreased by £2.31M (-77%)

Net Assets

£19.35M

Decreased by £584.00k (-3%)

Total Liabilities

£7.08M

Increased by £4.84M (+216%)

Turnover

£15.00k

Decreased by £111.00k (-88%)

Employees

N/A

Debt Ratio

27%

Increased by 17 (+170%)

Financial History

Revenue, profit, EBITDA and key financial figures

2025
30 Nov Year End
2024
30 Nov 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

10 Allotments 10,670,750 Shares £10.48m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
2 Apr 20261,047,637£855k£0.816
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

Officers

Officers

1 active 2 resigned
Status
Al Ansari, Sameer Kamal Ibrahim, DrDirectorBritishEngland632 May 2025Active

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
5 Jun 2026ResolutionResolutions
5 Jun 2026ResolutionResolutions
29 May 2026AccountsAnnual accounts made up to 30 Nov 2025
27 Apr 2026CapitalAllotment of shares (GBP 279,717) on 2 Apr 2026
21 Mar 2026AddressChange Registered Office Address Company With Date Old Address New Address
5 Jun 2026 Resolution

Resolutions

5 Jun 2026 Resolution

Resolutions

29 May 2026 Accounts

Annual accounts made up to 30 Nov 2025

27 Apr 2026 Capital

Allotment of shares (GBP 279,717) on 2 Apr 2026

21 Mar 2026 Address

Change Registered Office Address Company With Date Old Address New Address

Recent Activity

Latest Activity

Resolutions

4 days ago on 5 Jun 2026

Resolutions

4 days ago on 5 Jun 2026

Annual accounts made up to 30 Nov 2025

1 weeks ago on 29 May 2026

Allotment of shares (GBP 279,717) on 2 Apr 2026

1 months ago on 27 Apr 2026

Change Registered Office Address Company With Date Old Address New Address

2 months ago on 21 Mar 2026