Ney Limited
Registered name: NEY LIMITED
Ney Limited made £9.8m revenue and £3.4m profit in the year to 31 Dec 2025.
Ney Limited’s revenue fell 8% to £9.8m in the year to 31 Dec 2025, with £3.4m profit and 49 employees. The company is classified under “agents involved in the sale of machinery, industrial equipment, ships and aircraft” and is based in Coventry; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Coventry, West Midlands
- Age
- 50 yrs · since 1976
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £14.3m | £12.4m | £10.6m | £9.8m |
| Cost of sales | £10.7m | £8.8m | £8.4m | £7.3m |
| Gross profit | £3.6m | £3.6m | £2.2m | £2.5m |
| Operating profit | £26.7k | £103k | −£120k | −£637k |
| Profit before tax | −£195k | −£130k | −£247k | £3.4m |
| Profit after tax | −£162k | −£150k | −£237k | £3.4m |
| Profit (best available) | −£162k | −£150k | −£237k | £3.4m |
| Staff costs | £2.6m | £2.3m | £2m | £1.9m |
| Employees (average) | 79 | 69 | 63 | 49 |
| Ratios | ||||
| Profit margin | −1.1% | −1.2% | −2.2% | 34.2% |
| Gross margin | 25.3% | 28.7% | 20.5% | 25.4% |
| Revenue per employee | £181k | £179k | £169k | £200k |
| Profit per employee | −£2k | −£2.2k | −£3.8k | £68.4k |
| Cash conversion | −1354% | −176.7% | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▼13.3% | ▼14.2% | ▼7.6% |
| Headcount growth | — | ▼12.7% | ▼8.7% | ▼22.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £784k | £515k | £422k | £1.1m |
| Net assets | £4.6m | £4.5m | £4.2m | £7.6m |
| Fixed assets | £1.6m | £1.2m | £816k | £449k |
| Current assets | £13.3m | £13.3m | £12.8m | £12.6m |
| Debtors | £1.4m | £1.2m | £1.2m | £971k |
| Deferred income | £576k | £599k | £536k | £387k |
| Cash from operations | −£361k | −£181k | −£604k | −£283k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 34.2%
- Profit ÷ revenue.
- Gross margin
- 25.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £200k
- Revenue ÷ average employees.
- Profit per employee
- £68.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.9%
- Money owed by customers. Low = customers pay quickly.
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
- ▲79%
- Now £7.6m
- Cash at bank
- ▲170%
- Now £1.1m
- Headcount
- ▼22%
- Now 49
- Deferred income
- ▼28%
- Now £387k
- Fixed assets
- ▼45%
- Now £449k
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
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £3.4m), from the Companies House accounts bulk data published Sep 2026. 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.