Neon (Holdings) Limited
Registered name: NEON (HOLDINGS) LIMITED
Neon (Holdings) Limited made £9.1m revenue and £306k profit in the year to 30 Apr 2025.
Neon (Holdings) Limited’s revenue grew 7% to £9.1m in the year to 30 Apr 2025, with £306k profit and 58 employees. The company is classified under “dormant company” and is based in Exeter; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Exeter, South West
- Age
- 13 yrs · since 2013
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £9.9m | £9.6m | £8.5m | £9.1m |
| Cost of sales | £5.8m | £5.7m | £4.9m | £5.3m |
| Gross profit | £4.1m | £3.9m | £3.6m | £3.8m |
| Operating profit | £645k | £591k | £278k | £151k |
| Profit before tax | £574k | £526k | £181k | £76.2k |
| Profit after tax | £391k | £393k | £298k | £306k |
| Profit (best available) | £391k | £393k | £298k | £306k |
| Staff costs | £1.8m | £1.7m | £1.8m | £1.9m |
| Employees (average) | 67 | 62 | 60 | 58 |
| Ratios | ||||
| Profit margin | 4% | 4.1% | 3.5% | 3.4% |
| Gross margin | 41.7% | 40.6% | 42.1% | 42% |
| Revenue per employee | £148k | £154k | £142k | £158k |
| Profit per employee | £5.8k | £6.3k | £5k | £5.3k |
| Cash conversion | 106.6% | 46.8% | 225.2% | 326.8% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼3.2% | ▼10.8% | ▲7.1% |
| Profit growth | — | ▲0.3% | ▼24.1% | ▲2.6% |
| Headcount growth | — | ▼7.5% | ▼3.2% | ▼3.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £4 | £4 | £4 | £4 |
| Net assets | £1.1m | £1.2m | £1.3m | £1.3m |
| Fixed assets | £6m | £5.8m | £5.6m | £6.6m |
| Current assets | £537k | £537k | £537k | £537k |
| Debtors | £212k | £184k | £199k | £221k |
| Cash from operations | £687k | £276k | £625k | £493k |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | Accounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 3.4%
- Profit ÷ revenue.
- Gross margin
- 42%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £158k
- Revenue ÷ average employees.
- Profit per employee
- £5.3k
- Profit ÷ average employees.
- Cash conversion
- 326.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 72%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.4%
- 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
- ▲7%
- Now £1.3m
- Cash at bank
- 0%
- Now £4
- Headcount
- ▼3%
- Now 58
- Deferred income
- —
- Now —
- Fixed assets
- ▲17%
- Now £6.6m
Group structure
Subsidiaries (3)
- Furniture World LimitedRev. £9.1m · Profit −£18.4k
- Neon Property LimitedFigures not disclosed
- Oak City LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £306k), from the Companies House accounts bulk data published Jan 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.