Needafixer Limited
Registered name: NEEDAFIXER LIMITED
Part of Gen Plus Group Limited groupNeedafixer Limited made £22.6m revenue and £598k profit in the year to 31 Dec 2024.
Needafixer Limited’s revenue was £22.6m in the year to 31 Dec 2024, with £598k profit and 17 employees. The company is classified under “other business support service activities” and is based in Winchmore Hill; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Winchmore Hill, London
- Age
- 12 yrs · since 2014
- Type
- Private Limited Company
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 | 29 May 2022 | 29 May 2023 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £16.8m | £22.6m |
| Cost of sales | — | — | £15.3m | £19.4m |
| Gross profit | — | — | £1.5m | £3.2m |
| Operating profit | — | — | £22.3k | £654k |
| Profit before tax | — | — | £27.5k | £662k |
| Profit after tax | — | — | £485k | £598k |
| Profit (best available) | — | — | £485k | £598k |
| Staff costs | — | — | £437k | £1m |
| Employees (average) | 8 | 10 | 8 | 17 |
| Ratios | ||||
| Profit margin | — | — | 2.9% | 2.6% |
| Gross margin | — | — | 8.7% | 14.2% |
| Revenue per employee | — | — | £2.1m | £1.3m |
| Profit per employee | — | — | £60.6k | £35.2k |
| Cash conversion | — | — | −13702% | 401.9% |
| Growth (year on year) | ||||
| Headcount growth | — | ▲25% | — | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.3m | £1.9m | £4.3m | £1.5m |
| Net assets | £560k | £1.2m | £1.7m | £2.2m |
| Fixed assets | £401k | £501k | £965k | £942k |
| Current assets | £2.5m | £4.3m | £11.7m | £6.1m |
| Debtors | £1m | £2.3m | £5.9m | £984k |
| Deferred income | — | — | £4m | £630k |
| Cash from operations | — | — | −£3.1m | £2.6m |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 2.6%
- Profit ÷ revenue.
- Gross margin
- 14.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.3m
- Revenue ÷ average employees.
- Profit per employee
- £35.2k
- Profit ÷ average employees.
- Cash conversion
- 401.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.4%
- 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
- —
- Now £2.2m
- Cash at bank
- —
- Now £1.5m
- Headcount
- —
- Now 17
- Deferred income
- —
- Now £630k
- Fixed assets
- —
- Now £942k
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
- Gen Plus Group Limitedultimate parent75–100%
- Needafixer Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- PRM Global LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £598k), from the Companies House accounts bulk data published Dec 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.