New Islington Utilities Company Limited
Registered name: NEW ISLINGTON UTILITIES COMPANY LIMITED
Part of Urban Splash Group Holdings Limited groupNew Islington Utilities Company Limited made £572k revenue and £12.3k profit in the year to 31 Dec 2024.
New Islington Utilities Company Limited’s revenue was £572k in the year to 31 Dec 2024, with £12.3k profit. The company is classified under “other business support service activities” and is based in Castlefield; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Castlefield
- Age
- 20 yrs · since 2006
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £885k | £569k | £572k |
| Cost of sales | −£1.1m | −£677k | −£435k |
| Gross profit | −£192k | −£107k | £136k |
| Operating profit | −£84.2k | −£450k | £10.9k |
| Profit before tax | −£84.2k | −£449k | £12.3k |
| Profit after tax | −£84.2k | −£449k | £12.3k |
| Profit (best available) | −£84.2k | −£449k | £12.3k |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | −9.5% | −78.9% | 2.1% |
| Gross margin | −21.6% | −18.8% | 23.9% |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲0.4% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Oct 2024 | Accounts · bulk data Oct 2024 | Accounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 2.1%
- Profit ÷ revenue.
- Gross margin
- 23.9%
- 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
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Urban Splash Group Holdings Limitedultimate parent75–100%
- Urban Splash Holdings Limited75–100%
- Urban Splash Group Limited75–100%
- New Islington Utilities Company Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (7)
- Urban Splash (South West) LimitedFigures not disclosed
- Urban Splash Build LimitedFigures not disclosed
- Urban Splash Director LimitedFigures not disclosed
- Urban Splash Lakes LimitedFigures not disclosed
- Urban Splash LimitedFigures not disclosed
- Urban Splash Work LimitedFigures not disclosed
- Urban Splash Yorkshire LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit £12.3k), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.
Updated from Companies House on 17 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.