How much does Newquip Limited make?

Newquip Limited reported revenue of £29.3m and a loss of £2.2m in the year to 28 Feb 2025, according to its accounts filed at Companies House.

How many employees does Newquip Limited have?

Newquip Limited reported an average of 35 employees in the year to 28 Feb 2025.

Is Newquip Limited profitable?

No — Newquip Limited reported a loss of £2.2m in the year to 28 Feb 2025.

Company No. 05465512 · Incorporated 27 May 2005

Newquip Limited

Registered name: NEWQUIP LIMITED

Newquip Limited made £29.3m revenue and a £2.2m loss in the year to 28 Feb 2025.

Newquip Limited’s revenue grew 10% to £29.3m in the year to 28 Feb 2025, with a loss of £2.2m and 35 employees. The company is classified under “wholesale of agricultural machinery, equipment and supplies” and is based in Northallerton; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46610Wholesale of agricultural machinery, equipment and supplies

Status: Active
Location: Northallerton, North East
Age: 21 yrs · since 2005
Type: Private Limited Company

Latest accounts · year to 28 Feb 2025

Key figures

IndependentCapital-lightDoing more with lessCash flow filed

Revenue

£29.3m

Growth ▲9.7%

Profit

−£2.2m

Growth —

Profit margin

−7.5%

Gross 8.4%

Employees

Change ▼2.8%

Profit / employee

−£63k

Revenue/employee £837k

Profitable streak

0yrs

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	28 Feb 2022	28 Feb 2023	29 Feb 2024	28 Feb 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£22.9m	£20.3m	£26.7m	£29.3m
Cost of sales	£21.3m	£18m	£25m	£26.8m
Gross profit	£1.6m	£2.3m	£1.7m	£2.4m
Operating profit	£4.1k	£312k	−£644k	−£2.2m
Profit before tax	£8.9k	£278k	−£768k	−£2.2m
Profit after tax	£5.9k	£224k	−£691k	−£2.2m
Profit (best available)	£5.9k	£224k	−£691k	−£2.2m
Staff costs	£2.1m	£1.8m	£2m	£2m
Employees (average)	41	37	36	35
Ratios
Profit margin	0%	1.1%	−2.6%	−7.5%
Gross margin	6.9%	11.3%	6.3%	8.4%
Revenue per employee	£559k	£548k	£741k	£837k
Profit per employee	£143	£6.1k	−£19.2k	−£63k
Cash conversion	78736%	182.3%	—	—
Growth (year on year)
Revenue growth	—	▼11.5%	▲31.6%	▲9.7%
Profit growth	—	▲3725%	▼408.5%	—
Headcount growth	—	▼9.8%	▼2.7%	▼2.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.1m	£937k	£3.5m	£2.5m
Net assets	£4.7m	£4.3m	£3m	£783k
Fixed assets	£640k	£931k	£716k	£1.1m
Current assets	£12.7m	£12.6m	£15.4m	£24.3m
Debtors	£4.9m	£6.4m	£8.1m	£6.3m
Deferred income	£4.1m	£5m	£3.8m	£17m
Cash from operations	£3.2m	£568k	−£1.4m	£1.9m
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: −7.5%; Profit ÷ revenue.
Gross margin: 8.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £837k; Revenue ÷ average employees.
Profit per employee: −£63k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 57.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 21.6%; 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: ▼74%; Now £783k
Cash at bank: ▼28%; Now £2.5m
Headcount: ▼3%; Now 35
Deferred income: ▲351%; Now £17m
Fixed assets: ▲56%; Now £1.1m

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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 28 Feb 2025 (profit −£2.2m), 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.