NPS (Shoes) Limited
Registered name: NPS (SHOES) LIMITED
NPS (Shoes) Limited made £13.7m revenue and £2.9m profit in the year to 31 Mar 2025.
NPS (Shoes) Limited’s revenue grew 18% to £13.7m in the year to 31 Mar 2025, with £2.9m profit and 58 employees. The company is classified under “other business support service activities” and is based in Wellingborough; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Wellingborough, East Midlands
- Age
- 20 yrs · since 2006
- 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 | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £7.9m | £9.4m | £11.6m | £13.7m |
| Cost of sales | £3.9m | £4.6m | £6m | £7.7m |
| Gross profit | £4m | £4.7m | £5.7m | £5.9m |
| Operating profit | £2.6m | £2.5m | £3.3m | £3.7m |
| Profit before tax | £2.7m | £2.5m | £3.4m | £3.8m |
| Profit after tax | £2.2m | £2.1m | £2.6m | £2.9m |
| Profit (best available) | £2.2m | £2.1m | £2.6m | £2.9m |
| Staff costs | £1.6m | £1.7m | £1m | £1.8m |
| Employees (average) | 66 | 61 | 60 | 58 |
| Ratios | ||||
| Profit margin | 27.1% | 22.5% | 22.7% | 20.8% |
| Gross margin | 50.6% | 50.4% | 48.7% | 43.4% |
| Revenue per employee | £120k | £153k | £194k | £236k |
| Profit per employee | £32.6k | £34.5k | £43.9k | £49.2k |
| Cash conversion | −85% | −58.7% | 111.3% | −82.8% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲17.7% | ▲24.3% | ▲17.7% |
| Profit growth | — | ▼2.1% | ▲25.1% | ▲8.2% |
| Headcount growth | — | ▼7.6% | ▼1.6% | ▼3.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £3.8m | £4m | £6.7m | £8.4m |
| Net assets | £5.5m | £7.3m | £9.6m | £12.1m |
| Fixed assets | £1.3m | £1.8m | £1.8m | £1.8m |
| Current assets | £5.4m | £6.6m | £9.6m | £11.4m |
| Debtors | £203k | £398k | £473k | £223k |
| Deferred income | — | £218k | £183k | £154k |
| Cash from operations | −£2.2m | −£1.5m | £3.7m | −£3m |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 20.8%
- Profit ÷ revenue.
- Gross margin
- 43.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £236k
- Revenue ÷ average employees.
- Profit per employee
- £49.2k
- Profit ÷ average employees.
- Cash conversion
- −82.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 13.4%
- 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
- 1.6%
- 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
- ▲26%
- Now £12.1m
- Cash at bank
- ▲25%
- Now £8.4m
- Headcount
- ▼3%
- Now 58
- Deferred income
- ▼16%
- Now £154k
- Fixed assets
- ▲1%
- Now £1.8m
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 31 Mar 2025 (profit £2.9m), from the Companies House accounts bulk data published Oct 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.