How much does Niras Group (UK) Ltd make?

Niras Group (UK) Ltd reported revenue of £43.1m and £976k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Niras Group (UK) Ltd have?

Niras Group (UK) Ltd reported an average of 161 employees in the year to 31 Dec 2023.

Is Niras Group (UK) Ltd profitable?

Yes — Niras Group (UK) Ltd reported a profit of £976k in the year to 31 Dec 2023.

Company No. 01250443 · Incorporated 22 Mar 1976

Niras Group (UK) Ltd

Registered name: NIRAS GROUP (UK) LTD

Niras Group (UK) Ltd made £43.1m revenue and £976k profit in the year to 31 Dec 2023.

Niras Group (UK) Ltd’s revenue grew 168% to £43.1m in the year to 31 Dec 2023, with £976k profit and 161 employees. The company is classified under “engineering related scientific and technical consulting activities” and is based in Ascot; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 71122Engineering related scientific and technical consulting activities

Status: Active
Location: Ascot, South East
Age: 50 yrs · since 1976
Type: Private Limited Company

Latest accounts · year to 31 Dec 2023

Key figures

IndependentCapital-lightOperating leverage

Revenue

£43.1m

Growth ▲168.3%

Profit

£976k

Growth ▲182.3%

Profit margin

2.3%

Gross 21.1%

Employees

161

Change ▲130%

Profit / employee

£6.1k

Revenue/employee £268k

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 to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£16.1m	£43.1m
Cost of sales	£12.4m	£34m
Gross profit	£3.7m	£9.1m
Operating profit	£284k	£1.1m
Profit before tax	£306k	£1.3m
Profit after tax	£346k	£976k
Profit (best available)	£346k	£976k
Staff costs	£4.2m	£9.7m
Employees (average)	70	161
Ratios
Profit margin	2.1%	2.3%
Gross margin	23%	21.1%
Revenue per employee	£230k	£268k
Profit per employee	£4.9k	£6.1k
Growth (year on year)
Revenue growth	—	▲168.3%
Profit growth	—	▲182.3%
Headcount growth	—	▲130%
Balance sheet — indirect signals, not revenue
Cash at bank	£6.6m	£1m
Net assets	£2.6m	£3.5m
Fixed assets	£346k	£465k
Current assets	£11.8m	£23.1m
Debtors	£2.3m	£16m
Deferred income	£413k	£243k
Source	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2024

Derived from the latest filing

How the business works

Profit margin: 2.3%; Profit ÷ revenue.
Gross margin: 21.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £268k; Revenue ÷ average employees.
Profit per employee: £6.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 37.1%; 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: ▲38%; Now £3.5m
Cash at bank: ▼85%; Now £1m
Headcount: ▲130%; Now 161
Deferred income: ▼41%; Now £243k
Fixed assets: ▲35%; Now £465k

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £976k), from the Companies House accounts bulk data published Apr 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.