Develop North PLC

Develop North PLCverified

DVNO.L

Develop North PLC provides a portfolio of fixed rate loans primarily secured over land and/or property in the United Kingdom. It also invests in financial assets comprising loans. The company makes investments primarily through senior secured loans; and other loans, such as bridging loans, subordinated loans, selected loan financings, and other debt instruments. The company was formerly known as TOC Property Backed Lending Trust Plc and changed its name to Develop North PLC in May 2022. Develop North PLC was incorporated in 2016 and is based in Chelmsford, the United Kingdom.

Industry

Asset Management

IPO Date

2017-01-24

Stock Exchange

LSE

Ticker

DVNO.L

The Current Ratio as of December 2025 (TTM) for Develop North PLC (DVNO.L) is 0

According to Develop North PLC’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of -100.00% compared to the average of 1.94 of the last 4 quarters.

Develop North PLC (DVNO.L) Historical Current Ratio (quarterly & annually)

How has DVNO.L Current Ratio performed in the past?

The mean historical Current Ratio of Develop North PLC over the last ten years is 16.39. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), DVNO.L's Current Ratio was at its highest in in the November 2021 quarter at 111.87. The Current Ratio was at its lowest in in the November 2024 quarter at 0.

Quarterly (TTM)
Annual

Average

16.39

Median

5.85

Minimum

0

Maximum

111.87

Develop North PLC (DVNO.L) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Develop North PLC Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual Current Ratio = 111.87

Minimum Annual Increase = -100.00%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240-100.00%
20236.043.22%
20225.85-94.77%
2021111.87Infinity%
20200-100.00%
201911.21112.56%
20185.28-27.50%
20177.28Infinity%

Develop North PLC (DVNO.L) Average Current Ratio

How has DVNO.L Current Ratio performed in the past?

The current Current Ratio of Develop North PLC (DVNO.L) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.97

5-year avg

24.75

10-year avg

16.39

Develop North PLC (DVNO.L) Current Ratio vs. Peers

How is DVNO.L’s Current Ratio compared to its peers?

Develop North PLC’s Current Ratio is less than ICG-Longbow Senior Secured UK Property Debt Investments Ltd (0), less than Phoenix Digital Assets Plc (0), less than PMGR Securities 2025 PLC (0.06), less than Mila Resources Plc (2.29), less than Frontier IP Group Plc (15.10), less than KRM22 Plc (0.21), less than TEAM plc (0.64), less than Tavistock Investments Plc (3.43), less than Mineral & Financial Investments Limited (49.53), less than Argo Blockchain plc (1.24),

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