NNT Lift Company (Fundco 1) Limited
Registered name: NNT LIFT COMPANY (FUNDCO 1) LIMITED
Part of Royal London Asset Management Holdings Limited groupNNT Lift Company (Fundco 1) Limited made £6.7m revenue and £2m profit in the year to 31 Mar 2025. read from filing text
NNT Lift Company (Fundco 1) Limited’s revenue grew 4% to £6.7m in the year to 31 Mar 2025, with £2m profit and 0 employees. The company is classified under “other business support service activities” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 23 yrs · since 2003
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| 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 |
| Profit & loss | ||||
| Revenue (turnover) | £5.3m | £5.6m | £6.4m | £6.7m |
| Cost of sales | £1.2m | £1.5m | £1.5m | £1.3m |
| Gross profit | £4m | £4.1m | £4.9m | — |
| Operating profit | £2.8m | £3m | £3.7m | £4.2m |
| Profit before tax | £940k | £1.2m | £2.2m | £2.8m |
| Profit after tax | £395k | £872k | £1.5m | £2m |
| Profit (best available) | £395k | £872k | £1.5m | £2m |
| Employees (average) | — | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | 7.5% | 15.5% | 23.8% | 29.7% |
| Gross margin | 76.8% | 73.8% | 76.7% | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲6.9% | ▲14.3% | ▲3.6% |
| Profit growth | — | ▲120.5% | ▲75.3% | ▲29.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £6.5m | £7.2m | £7.4m | £8.2m |
| Net assets | — | — | — | — |
| Fixed assets | £18.8m | £18m | £17.3m | £16.5m |
| Current assets | £7.9m | £7.9m | £7.8m | £8.7m |
| Debtors | £55.5k | £348k | £40.7k | £56.3k |
| Deferred income | £192k | £725k | £440k | £322k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 29.7%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 248.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 4.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.9%
- 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
- —
- Now —
- Cash at bank
- ▲11%
- Now £8.2m
- Headcount
- —
- Now 0
- Deferred income
- ▼27%
- Now £322k
- Fixed assets
- ▼4%
- Now £16.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Royal London Asset Management Holdings Limitedultimate parent75–100%
- Dalmore GP Holdings Limited75–100%
- Dalmore Capital 2 GP Limited75–100%
- Dalmore Capital (Issuer 1) Limited75–100%
- Iowa Debtco Limited75–100%
- Dalmore Capital (Para 1) Limited75–100%
- Cobalt Project Investments Limited50–75%
- Elgin Infrastructure Limited75–100%
- Elgin Lift Limited50–75%
- NNT Lift Company Limited75–100%
- NNT Lift Company (Fundco 1) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- NNT Lift Company (Fundco 2) LimitedRev. £1.1m · Profit £190k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2m), from the Companies House accounts bulk data published Nov 2025. 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.