How many employees does Nikal Ltd have?

Nikal Ltd reported an average of 11 employees in the year to 31 Mar 2023.

Company No. 03668294 · Incorporated 16 Nov 1998

Nikal Ltd

Q: Is Nikal Ltd profitable?

No — Nikal Ltd reported a loss of £1.6m in the year to 31 Mar 2023.

Registered name: NIKAL LTD

Nikal Ltd made a £1.6m loss in the year to 31 Mar 2023 (revenue not disclosed).

Nikal Ltd reported a loss of £1.6m in the year to 31 Mar 2023; its revenue was not disclosed. It had 11 employees. The company is classified under “buying and selling of own real estate” and is based in Manchester; we hold 2 years of its filed accounts.

Profit onlySection L · Real estate activitiesSIC 68100Buying and selling of own real estate

Status: In Administration
Location: Manchester, North West
Age: 27 yrs · since 1998
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Mar 2023

Key figures

Revenue

—

Not disclosed in filing

Profit

−£1.6m

Growth —

Profit margin

—

Employees

Change ▲22.2%

Profit / employee

−£145k

Profitable streak

0yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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 Mar 2022	31 Mar 2023
Disclosure	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—
Profit after tax	−£287k	−£1.6m
Profit (best available)	−£287k	−£1.6m
Employees (average)	9	11
Ratios
Profit margin	—	—
Profit per employee	−£31.8k	−£145k
Growth (year on year)
Headcount growth	—	▲22.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£617k	£1.5m
Net assets	−£14.8m	−£16.5m
Fixed assets	£4.8m	£4.6m
Current assets	£12.9m	£21.3m
Debtors	£48.1k	£1.8k
Deferred income	£179k	£880k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: −£145k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; 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 −£16.5m
Cash at bank: ▲140%; Now £1.5m
Headcount: ▲22%; Now 11
Deferred income: ▲393%; Now £880k
Fixed assets: ▼3%; Now £4.6m

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

Ownership chain

Nikal Jersey Limited (registered outside the UK register)ultimate parent75–100%
Nikal Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (3)

Buro Services LimitedFigures not disclosed
Nikal Humber Quay LimitedLiquidationFigures not disclosed
Nikal Investments LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2023 (profit −£1.6m), from the Companies House accounts bulk data published Dec 2023. 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.