Nustone Products Ltd
Registered name: NUSTONE PRODUCTS LTD
Nustone Products Ltd made £16.5m revenue and £1.2m profit in the year to 31 Mar 2024. read from filing text
Nustone Products Ltd’s revenue grew 33% to £16.5m in the year to 31 Mar 2024, with £1.2m profit and 42 employees. The company is classified under “agents involved in the sale of timber and building materials” and is based in Brighton; we hold 2 years of its filed accounts.
- Status
- In Administration
- Location
- Brighton, South East
- Age
- 24 yrs · since 2002
- 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. From the filing: “The company’s immediate parent undertaking is Marble Lane Trading LLC, a company registered in Dubai, U.A.E. Ankit Modani is the 100% owner of Marble Lane Trading LLC and therefore the ultimate contro”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £12.4m | £16.5m |
| Cost of sales | £8m | £9.7m |
| Gross profit | £4.4m | £6.8m |
| Operating profit | £1.7m | £2.1m |
| Profit before tax | £1.5m | £1.5m |
| Profit after tax | £1.2m | £1.2m |
| Profit (best available) | £1.2m | £1.2m |
| Staff costs | £790k | £1.3m |
| Employees (average) | 26 | 42 |
| Ratios | ||
| Profit margin | 9.6% | 7.2% |
| Gross margin | 35.5% | 41.1% |
| Revenue per employee | £476k | £392k |
| Profit per employee | £45.9k | £28.4k |
| Cash conversion | −58.2% | 91.9% |
| Growth (year on year) | ||
| Revenue growth | — | ▲33% |
| Profit growth | — | ▼0% |
| Headcount growth | — | ▲61.5% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £328k | £658k |
| Net assets | £1.8m | £3m |
| Fixed assets | £620k | £940k |
| Current assets | £9m | £12.8m |
| Debtors | £7.6k | £0 |
| Deferred income | £280k | £183k |
| Cash from operations | −£993k | £1.9m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 |
How the business works
- Profit margin
- 7.2%
- Profit ÷ revenue.
- Gross margin
- 41.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £392k
- Revenue ÷ average employees.
- Profit per employee
- £28.4k
- Profit ÷ average employees.
- Cash conversion
- 91.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▲67%
- Now £3m
- Cash at bank
- ▲101%
- Now £658k
- Headcount
- ▲62%
- Now 42
- Deferred income
- ▼35%
- Now £183k
- Fixed assets
- ▲52%
- Now £940k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Olivewood LimitedHarrow · Agents involved in the sale of timber and building materials
- Revenue
- £16.9m
- Profit
- £435k
- Staff
- 29
- Bence Roofing Supplies LimitedCheltenham · Agents involved in the sale of timber and building materials
- Revenue
- £15.9m
- Profit
- £394k
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- K&G Distribution LtdNorth Shields · Agents involved in the sale of timber and building materials
- Revenue
- £17.1m
- Profit
- £1.1m
- Staff
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- Bryson Products LimitedCoulsdon · Agents involved in the sale of timber and building materials
- Revenue
- £15.7m
- Profit
- £587k
- Staff
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- W.& H.s.emery Company LimitedLiverpool · Agents involved in the sale of timber and building materials
- Revenue
- £17.4m
- Profit
- £75.5k
- Staff
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- Tamar Trading Co.limitedBodmin · Agents involved in the sale of timber and building materials
- Revenue
- £15m
- Profit
- £212k
- Staff
- 76
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £1.2m), from the Companies House accounts bulk data published Sep 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.