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Company No. 01777064 · Incorporated 12 Dec 1983

P.J. Nicholls Limited

Registered name: P.J. NICHOLLS LIMITED

P.J. Nicholls Limited made £30.1m revenue and £396k profit in the year to 31 Dec 2025. read from filing text

P.J. Nicholls Limited’s revenue fell 7% to £30.1m in the year to 31 Dec 2025, with £396k profit and 84 employees. The company is classified under “sale of new cars and light motor vehicles” and is based in Pershore; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45111Sale of new cars and light motor vehicles
Status
Active
Location
Pershore, West Midlands
Age
42 yrs · since 1983
Type
Private Limited Company
Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-lightCash flow filed
Revenue
£30.1m
Growth ▼6.6%
Profit
£396k
Growth ▼12.1%
Profit margin
1.3%
Gross 9.6%
Employees
84
Change ▲10.5%
Profit / employee
£4.7k
Revenue/employee £358k
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 202431 Dec 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£32.2m£30.1m
Cost of sales£29.4m£27.2m
Gross profit£2.8m£2.9m
Operating profit£761k£705k
Profit before tax£590k£567k
Profit after tax£451k£396k
Profit (best available)£451k£396k
Staff costs£2.2m£2.5m
Employees (average)7684
Ratios
Profit margin1.4%1.3%
Gross margin8.7%9.6%
Revenue per employee£424k£358k
Profit per employee£5.9k£4.7k
Cash conversion−91.8%−85.2%
Growth (year on year)
Revenue growth—▼6.6%
Profit growth—▼12.1%
Headcount growth—▲10.5%
Balance sheet — indirect signals, not revenue
Cash at bank£91.2k£55.5k
Net assets£2.6m£2.7m
Fixed assets£2.7m£2.8m
Current assets£5m£6m
Debtors£485k£723k
Deferred income£137k£53.6k
Cash from operations−£699k−£601k
SourceFullAccounts · bulk data Sep 2026FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
1.3%
Profit ÷ revenue.
Gross margin
9.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£358k
Revenue ÷ average employees.
Profit per employee
£4.7k
Profit ÷ average employees.
Cash conversion
−85.2%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
9.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
2.4%
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
▲3%
Now £2.7m
Cash at bank
▼39%
Now £55.5k
Headcount
▲11%
Now 84
Deferred income
▼61%
Now £53.6k
Fixed assets
▲6%
Now £2.8m

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 £396k), 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.