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Company No. 01162468 · Incorporated 8 Mar 1974

Nene Warehouse Solutions Ltd

Registered name: NENE WAREHOUSE SOLUTIONS LTD

Nene Warehouse Solutions Ltd made £25.6m revenue and £441k profit in the year to 31 Dec 2023.

Nene Warehouse Solutions Ltd’s revenue fell 18% to £25.6m in the year to 31 Dec 2023, with £441k profit and 60 employees. The company is classified under “installation of industrial machinery and equipment” and is based in Northampton; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 33200Installation of industrial machinery and equipmentSIC 46180Agents specialized in the sale of other particular products
Status
Active
Location
Northampton, East Midlands
Age
52 yrs · since 1974
Type
Private Limited Company
Latest accounts · year to 31 Dec 2023

Key figures

IndependentCapital-light
Revenue
£25.6m
Growth ▼18%
Profit
£441k
Growth ▼38.5%
Profit margin
1.7%
Gross 20.2%
Employees
60
Change ▲3.5%
Profit / employee
£7.4k
Revenue/employee £427k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 2023
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£31.3m£25.6m
Cost of sales£26.3m£20.5m
Gross profit£5m£5.2m
Operating profit£314k£479k
Profit before tax£271k£408k
Profit after tax£717k£441k
Profit (best available)£717k£441k
Staff costs£2.4m£2.7m
Employees (average)5860
Ratios
Profit margin2.3%1.7%
Gross margin15.9%20.2%
Revenue per employee£539k£427k
Profit per employee£12.4k£7.4k
Growth (year on year)
Revenue growth—▼18%
Profit growth—▼38.5%
Headcount growth—▲3.5%
Balance sheet — indirect signals, not revenue
Cash at bank£1.3m£115k
Net assets£4.8m£5.2m
Fixed assets£164k£106k
Current assets£9.7m£10.4m
Debtors£3.5m£3.7m
Deferred income£1m£734k
SourceFullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2024
Derived from the latest filing

How the business works

Profit margin
1.7%
Profit ÷ revenue.
Gross margin
20.2%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£427k
Revenue ÷ average employees.
Profit per employee
£7.4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
2.9%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
14.5%
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
▲9%
Now £5.2m
Cash at bank
▼91%
Now £115k
Headcount
▲3%
Now 60
Deferred income
▼28%
Now £734k
Fixed assets
▼36%
Now £106k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Subsidiaries (1)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £441k), from the Companies House accounts bulk data published Dec 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.