How much does Ncad Engineering Limited make?

Ncad Engineering Limited reported revenue of £82.6k and £48k profit in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does Ncad Engineering Limited have?

Ncad Engineering Limited reported an average of 2 employees in the year to 31 May 2025.

Is Ncad Engineering Limited profitable?

Yes — Ncad Engineering Limited reported a profit of £48k in the year to 31 May 2025.

Company No. 02934306 · Incorporated 31 May 1994

Ncad Engineering Limited

Registered name: NCAD ENGINEERING LIMITED

Ncad Engineering Limited made £82.6k revenue and £48k profit in the year to 31 May 2025.

Ncad Engineering Limited’s revenue grew 8% to £82.6k in the year to 31 May 2025, with £48k profit and 2 employees. The company is classified under “other information technology service activities” and is based in Spalding; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities

Status: Active
Location: Spalding, East of England
Age: 32 yrs · since 1994
Type: Private Limited Company

Latest accounts · year to 31 May 2025

Key figures

IndependentSmall teamCapital-lightOperating leverage

Revenue

£82.6k

Growth ▲8.1%

Profit

£48k

Growth ▲22.4%

Profit margin

58.1%

Gross 100%

Employees

Change 0%

Profit / employee

£24k

Revenue/employee £41.3k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 May 2022	31 May 2023	31 May 2024	31 May 2025
Disclosure	No P&L	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£76.4k	£82.6k
Gross profit	—	—	£76.4k	£82.6k
Operating profit	—	—	£48.3k	£60.2k
Profit before tax	—	—	£48.3k	£60.2k
Profit after tax	—	—	£39.2k	£48k
Profit (best available)	—	—	£39.2k	£48k
Employees (average)	2	2	2	2
Ratios
Profit margin	—	—	51.3%	58.1%
Gross margin	—	—	100%	100%
Revenue per employee	—	—	£38.2k	£41.3k
Profit per employee	—	—	£19.6k	£24k
Growth (year on year)
Revenue growth	—	—	—	▲8.1%
Profit growth	—	—	—	▲22.4%
Headcount growth	—	0%	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£6.7k	£29	£172	£4k
Net assets	£5.7k	−£5.5k	−£5k	£5.9k
Fixed assets	£5.8k	£7.4k	£6k	£5k
Current assets	£17.6k	£1.7k	£1.9k	£5.8k
Debtors	£8.1k	—	—	—
Source	Accounts · bulk data Jan 2024	Accounts · bulk data Jan 2024	FilletedAccounts · bulk data Jan 2025	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 58.1%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £41.3k; Revenue ÷ average employees.
Profit per employee: £24k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: —; Now £5.9k
Cash at bank: ▲2203%; Now £4k
Headcount: 0%; Now 2
Deferred income: —; Now —
Fixed assets: ▼18%; Now £5k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2025 (profit £48k), from the Companies House accounts bulk data published Feb 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.