How much does Nella Cutlery South Limited make?

Nella Cutlery South Limited reported revenue of £18.5m and a loss of £82.4k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Nella Cutlery South Limited have?

Nella Cutlery South Limited reported an average of 215 employees in the year to 31 Dec 2025.

Is Nella Cutlery South Limited profitable?

No — Nella Cutlery South Limited reported a loss of £82.4k in the year to 31 Dec 2025.

Company No. 09041555 · Incorporated 15 May 2014

Nella Cutlery South Limited

Registered name: NELLA CUTLERY SOUTH LIMITED

Part of Nella Holdings Limited group

Nella Cutlery South Limited made £18.5m revenue and a £82.4k loss in the year to 31 Dec 2025. read from filing text

Nella Cutlery South Limited’s revenue grew 4% to £18.5m in the year to 31 Dec 2025, with a loss of £82.4k and 215 employees. The company is classified under “repair of other equipment” and is based in Orpington; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 33190Repair of other equipment SIC 47910Retail sale via mail order houses or via Internet

Status: Active
Location: Orpington, 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. From the filing: “The company's immediate parent is Nella Holdings Limited, incorporated in England.”

Latest accounts · year to 31 Dec 2025

Key figures

Doing more with less

Revenue

£18.5m

Growth ▲4.3%

Profit

−£82.4k

Growth ▼108.7%

Profit margin

−0.4%

Gross 41.1%

Employees

215

Change ▼0.9%

Profit / employee

−£383

Revenue/employee £86.1k

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	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£14.3m	£16.5m	£17.7m	£18.5m
Cost of sales	£8.3m	£8.6m	£9.4m	£10.9m
Gross profit	£6m	£7.9m	£8.4m	£7.6m
Operating profit	—	—	£1.3m	−£34.1k
Profit before tax	£2.2m	£2.4m	£1.3m	−£58.2k
Profit after tax	£1.7m	£1.7m	£942k	−£82.4k
Profit (best available)	£1.7m	£1.7m	£942k	−£82.4k
Staff costs	£7.2m	£7.2m	£8m	£8.9m
Employees (average)	235	202	217	215
Ratios
Profit margin	11.9%	10.1%	5.3%	−0.4%
Gross margin	41.8%	48.1%	47.2%	41.1%
Revenue per employee	£60.8k	£81.6k	£81.8k	£86.1k
Profit per employee	£7.3k	£8.3k	£4.3k	−£383
Growth (year on year)
Revenue growth	—	▲15.4%	▲7.7%	▲4.3%
Profit growth	—	▼2%	▼43.6%	▼108.7%
Headcount growth	—	▼14%	▲7.4%	▼0.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£784k	£1.1m	£1.6m	£354k
Net assets	£3.9m	£3.3m	£3.7m	£3.3m
Fixed assets	£2.3m	£3m	£2.2m	£3.6m
Current assets	£5.9m	£5.2m	£5.4m	£4.2m
Debtors	£1.4m	£1.8m	£1.6m	£1.5m
Deferred income	—	—	£1.3m	£1.2m
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2026	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −0.4%; Profit ÷ revenue.
Gross margin: 41.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £86.1k; Revenue ÷ average employees.
Profit per employee: −£383; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 19.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.9%; 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: ▼12%; Now £3.3m
Cash at bank: ▼78%; Now £354k
Headcount: ▼1%; Now 215
Deferred income: ▼12%; Now £1.2m
Fixed assets: ▲63%; Now £3.6m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Nella Holdings Limitedultimate parent75–100%
Nella Cutlery South Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Graziano Grinding Services Holdings LtdActive - Proposal to Strike offFigures not disclosed

Sister companies (1)

Nella LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£82.4k), from the Companies House accounts bulk data published Sep 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.