Covers the development of building projects for residential and non-commercial buildings by organising the financial, technical and physical means to realise the construction projects for later sale.
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What This Code Means
This is one of the most common SIC codes for UK property development companies. The key distinction is that 41100 is for businesses that organise and manage the development process — they may subcontract the actual construction. If your company physically builds structures, you more likely need 41201 or 41202. Property developers who also retain buildings for rental income should consider adding 68209 as a secondary code.
Businesses That Use This Code
- Property developers building new housing estates
- Commercial property development companies
- Companies that buy land, develop it and sell completed buildings
- Residential property conversion businesses
Related SIC Codes
How to Register This SIC Code
You provide your SIC code when registering your company at Companies House. You can also update it on your confirmation statement if your business activity changes. You can have up to four SIC codes — the first should be your primary (highest revenue) activity.
Why Your SIC Code Matters
- HMRC uses it to benchmark your income against sector norms
- Insurers use it to assess risk and set premiums
- Government grants and support schemes are allocated by SIC code
- Credit agencies categorise your business by SIC code
Read our full SIC codes explained guide for more detail. Use CalcPad for business tax calculations.