Net Consulting Ltd
Registered name: NET CONSULTING LTD
Net Consulting Ltd made £3.6m revenue and £634k profit in the year to 30 Jun 2026. read from filing text
Net Consulting Ltd’s revenue grew 60% to £3.6m in the year to 30 Jun 2026, with £634k profit and 16 employees. The company is classified under “other information technology service activities” and is based in Cardiff; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Cardiff, Wales
- Age
- 23 yrs · since 2003
- 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 | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 | 30 Jun 2026 |
|---|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||||
| Revenue (turnover) | £11.9m | £14m | £5.8m | £2.3m | £3.6m |
| Cost of sales | £5.6m | £7.4m | £2.4m | £1.3m | £1.5m |
| Gross profit | £6.3m | £6.6m | £3.4m | £974k | £2.1m |
| Operating profit | £1.3m | £904k | −£1.5m | −£1.2m | £845k |
| Profit before tax | £1.3m | £896k | −£1.5m | −£1.2m | £845k |
| Profit after tax | £1.3m | £849k | −£1.5m | −£316k | £634k |
| Profit (best available) | £1.3m | £849k | −£1.5m | −£316k | £634k |
| Staff costs | £3.8m | £4.6m | £3.3m | £1.3m | £1.1m |
| Employees (average) | 50 | 59 | 43 | 18 | 16 |
| Ratios | |||||
| Profit margin | 10.9% | 6.1% | −25.3% | −14% | 17.6% |
| Gross margin | 52.5% | 47.5% | 58.1% | 43.2% | 58.6% |
| Revenue per employee | £238k | £237k | £134k | £125k | £225k |
| Profit per employee | £25.9k | £14.4k | −£34k | −£17.6k | £39.6k |
| Cash conversion | −107.2% | 3.8% | — | — | — |
| Growth (year on year) | |||||
| Revenue growth | — | ▲17.7% | ▼58.7% | ▼61% | ▲60% |
| Profit growth | — | ▼34.5% | ▼272.2% | — | — |
| Headcount growth | — | ▲18% | ▼27.1% | ▼58.1% | ▼11.1% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £2.4m | £2.1m | £1.1m | £1.5k | £406k |
| Net assets | £2.8m | £3.3m | £1.5m | £1m | £1.5m |
| Fixed assets | £164k | £171k | £111k | £69.4k | £58k |
| Current assets | £5.7m | £5.2m | £2.5m | £2.3m | £2.3m |
| Debtors | £1.8m | £1.5m | £431k | £550k | £347k |
| Deferred income | £761k | £778k | £518k | £494k | £252k |
| Cash from operations | −£1.4m | £34k | £461k | — | — |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2026 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 17.6%
- Profit ÷ revenue.
- Gross margin
- 58.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £225k
- Revenue ÷ average employees.
- Profit per employee
- £39.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.6%
- 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
- ▲46%
- Now £1.5m
- Cash at bank
- ▲26883%
- Now £406k
- Headcount
- ▼11%
- Now 16
- Deferred income
- ▼49%
- Now £252k
- Fixed assets
- ▼16%
- Now £58k
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 30 Jun 2026 (profit £634k), from the Companies House accounts bulk data published Aug 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.