MCDERMOTT DEVELOPMENTS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-03 (in 11mo)
Last made up 2026-03-20
Watchouts
None on the register
Cash
£38M
-21% vs 2023
Net assets
£107M
+8.8% highest in 6 filed years
Employees
44
-10.2% lowest in 5 filed years
Profit before tax
£11M
-27.4% vs 2023
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £42,336,685 | £28,267,602 | |
| Operating profit | — | — | — | — | £11,631,823 | £7,109,127 | |
| Profit before tax | — | — | — | — | £15,760,757 | £11,440,033 | |
| Net profit | £5,040,563 | £22,486,745 | — | £10,882,631 | £12,143,790 | £8,694,676 | |
| Cash | £13,848,635 | £18,208,135 | £26,421,186 | £36,422,623 | £47,644,719 | £37,655,916 | |
| Total assets less current liabilities | £30,453,518 | £53,368,020 | £66,916,244 | £77,448,369 | £99,263,428 | £108,461,812 | |
| Net assets | £30,453,518 | £52,940,263 | £66,244,185 | £77,126,816 | £98,476,169 | £107,170,845 | |
| Equity | — | £52,940,263 | — | — | £98,476,169 | £107,170,845 | |
| Average employees | — | 47 | 46 | 49 | 49 | 44 | |
| Wages | £2,078,507 | £1,961,012 | £1,984,515 | £2,222,556 | £2,222,556 | £2,256,185 | |
| Directors' remuneration | — | — | — | — | £614,061 | £705,166 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-33.2%
£42,336,685 £28,267,602
-
Cash
-21%
£47,644,719 £37,655,916
-
Net assets
+8.8%
£98,476,169 £107,170,845
highest in 6 filed years
-
Employees
-10.2%
49 44
lowest in 5 filed years
-
Operating profit
-38.9%
£11,631,823 £7,109,127
-
Profit before tax
-27.4%
£15,760,757 £11,440,033
-
Wages
+1.5%
£2,222,556 £2,256,185
highest in 6 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 27.5% | 25.1% | |
| Net margin | — | — | — | — | 28.7% | 30.8% | |
| Return on capital employed | — | — | — | — | 11.7% | 6.6% | |
| Current ratio | — | — | — | — | 19.82x | 21.53x | |
| Interest cover | — | — | — | — | 583.49x | 2453.11x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- MCDERMOTT DEVELOPMENTS LIMITED 1992-05-05 → present
- TODAYKEEN LIMITED 1992-03-30 → 1992-05-05
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Pierce C A Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Group structure
- MCDERMOTT DEVELOPMENTS LIMITED · parent
- Allegro Corporation Limited 100%
- McDermott Homes Limited 100%
- Suncrest Properties Limited 100%
Significant events
- “During the year the Group has continued to be a residential house builder operating under the brand name of McDermott Homes.”
- “The Group is financially well positioned to invest in larger development land sites, however, our ability to secure good quality land with planning permissions will continue to be our major challenge going forward.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DAVIS, Catherine | Secretary | 1994-02-28 | — | Irish |
| DAVIS, Catherine | Director | 1992-04-09 | Apr 1963 | Irish |
| KAY, Richard Michael | Director | 2006-04-06 | Oct 1962 | British |
| KEMP, Beverley | Director | 2017-04-06 | Aug 1968 | British |
| MCDERMOTT, Seamus | Director | 1992-04-09 | Jun 1964 | Irish |
| WILKINSON, Mark | Director | 2016-04-04 | Aug 1969 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCDERMOTT, Seamus | Secretary | 1992-04-09 | 1994-02-28 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1992-03-30 | 1992-04-09 |
| FOGDEN, Geoffrey Harold | Director | 2006-04-06 | 2008-04-30 |
| HOWSON, Martin Philip | Director | 2008-05-12 | 2009-05-15 |
| MCDERMOTT, Jack Harley | Director | 2012-12-20 | 2017-03-31 |
| MCDERMOTT, Owen Davis | Director | 2012-12-20 | 2017-03-03 |
| MILNER, Rupert Edward | Director | 2016-04-04 | 2017-10-10 |
| MURTHWAITE, Kevin Paul | Director | 2007-01-01 | 2009-03-06 |
| RUDKIN, Robin Paul | Director | 2017-04-06 | 2022-06-03 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1992-03-30 | 1992-04-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ms Catherine Davis | Individual | Significant influence | 2016-04-06 | Active |
| Mr Seamus Mcdermott | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 217 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-26 | AA | accounts | Accounts with accounts type group | |
| 2025-03-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-19 | AA | accounts | Accounts with accounts type group | |
| 2024-03-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-22 | AA | accounts | Accounts with accounts type group | |
| 2023-03-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-16 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-01-16 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-01-16 | CH01 | officers | Change person director company with change date | |
| 2023-01-16 | CH01 | officers | Change person director company with change date | |
| 2023-01-16 | CH03 | officers | Change person secretary company with change date | |
| 2023-01-16 | CH01 | officers | Change person director company with change date | |
| 2023-01-16 | CH01 | officers | Change person director company with change date | |
| 2022-09-28 | AA | accounts | Accounts with accounts type group | |
| 2022-06-06 | TM01 | officers | Termination director company with name termination date | |
| 2022-04-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-09-16 | AA | accounts | Accounts with accounts type group | |
| 2021-05-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-03-08 | SH02 | capital | Capital alter shares redemption statement of capital |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.