How much does Nexthink Limited make?

Nexthink Limited reported revenue of £15m and £705k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Nexthink Limited have?

Nexthink Limited reported an average of 68 employees in the year to 31 Dec 2023.

Is Nexthink Limited profitable?

Yes — Nexthink Limited reported a profit of £705k in the year to 31 Dec 2023.

Company No. 09268999 · Incorporated 17 Oct 2014

Nexthink Limited

Registered name: NEXTHINK LIMITED

Nexthink Limited made £15m revenue and £705k profit in the year to 31 Dec 2023.

Nexthink Limited’s revenue grew 3% to £15m in the year to 31 Dec 2023, with £705k profit and 68 employees. The company is classified under “information technology consultancy activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities

Status: Active
Location: London, London
Age: 12 yrs · since 2014
Type: Private Limited Company

Latest accounts · year to 31 Dec 2023

Key figures

IndependentCapital-lightOperating leverageCash flow filed

Revenue

£15m

Growth ▲3.4%

Profit

£705k

Growth ▲45%

Profit margin

4.7%

Employees

Change ▲6.3%

Profit / employee

£10.4k

Revenue/employee £220k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£12.5m	£14.5m	£15m
Operating profit	£299k	£390k	£705k
Profit before tax	£301k	£391k	£705k
Profit after tax	£580k	£486k	£705k
Profit (best available)	£580k	£486k	£705k
Staff costs	£10.9m	£12.1m	£11.6m
Employees (average)	61	64	68
Ratios
Profit margin	4.6%	3.4%	4.7%
Revenue per employee	£205k	£226k	£220k
Profit per employee	£9.5k	£7.6k	£10.4k
Cash conversion	9.3%	−162.4%	92.9%
Growth (year on year)
Revenue growth	—	▲16%	▲3.4%
Profit growth	—	▼16.2%	▲45%
Headcount growth	—	▲4.9%	▲6.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£545k	£1.1m	£427k
Net assets	£3.3m	£4.3m	£5.6m
Fixed assets	£36.3k	£70.1k	£67.8k
Current assets	£7m	£6.2m	£7.4m
Debtors	£6.4m	£5.1m	£7m
Cash from operations	£27.9k	−£634k	£655k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Oct 2024

Derived from the latest filing

How the business works

Profit margin: 4.7%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £220k; Revenue ÷ average employees.
Profit per employee: £10.4k; Profit ÷ average employees.
Cash conversion: 92.9%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 46.7%; 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: ▲29%; Now £5.6m
Cash at bank: ▼62%; Now £427k
Headcount: ▲6%; Now 68
Deferred income: —; Now —
Fixed assets: ▼3%; Now £67.8k

Corporate ownership

Group structure

Subsidiaries (1)

Applearn International 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 2023 (profit £705k), from the Companies House accounts bulk data published Oct 2024. 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.