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Company No. 10401127 · Incorporated 29 Sep 2016

N Is for Nursery Ltd

Registered name: N IS FOR NURSERY LTD

Part of N Family Holdings Ltd group

N Is for Nursery Ltd made £2.8m revenue and £433k profit in the year to 31 Dec 2022.

N Is for Nursery Ltd’s revenue grew 20% to £2.8m in the year to 31 Dec 2022, with £433k profit and 83 employees. The company is classified under “pre-primary education” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection P · EducationSIC 85100Pre-primary education
Status
Active
Location
London, London
Age
10 yrs · since 2016
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: “N Family Holdings Ltd”

Latest accounts · year to 31 Dec 2022

Key figures

Operating leverage
Revenue
£2.8m
Growth ▲20.4%
Profit
£433k
Growth ▲207.4%
Profit margin
15.5%
Gross 46.1%
Employees
83
Change 0%
Profit / employee
£5.2k
Revenue/employee £33.6k
Profitable streak
2yrs
Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202131 Dec 2022
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£2.3m£2.8m
Cost of sales£1.7m£1.5m
Gross profit£671k£1.3m
Operating profit−£47.6k£717k
Profit before tax−£284k£508k
Profit after tax£141k£433k
Profit (best available)£141k£433k
Staff costs£1.5m£1.3m
Employees (average)8383
Ratios
Profit margin6.1%15.5%
Gross margin29%46.1%
Revenue per employee£27.9k£33.6k
Profit per employee£1.7k£5.2k
Growth (year on year)
Revenue growth—▲20.4%
Profit growth—▲207.4%
Headcount growth—0%
Balance sheet — indirect signals, not revenue
Cash at bank£113k£458k
Net assets£736k£1.2m
Fixed assets£2.1m£1.9m
Current assets£9.7m£22.1m
Debtors£72.2k£64.8k
Deferred income£201k£270k
SourceAccounts · bulk data Jan 2024Accounts · bulk data Jan 2024
Derived from the latest filing

How the business works

Profit margin
15.5%
Profit ÷ revenue.
Gross margin
46.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£33.6k
Revenue ÷ average employees.
Profit per employee
£5.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
67.1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
9.7%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
2.3%
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
▲59%
Now £1.2m
Cash at bank
▲307%
Now £458k
Headcount
0%
Now 83
Deferred income
▲35%
Now £270k
Fixed assets
▼11%
Now £1.9m
Corporate ownership

Group structure

Ownership chain

  1. N Family Holdings Ltdultimate parent75–100%
  2. Nature Midco 1 Ltd75–100%
  3. Nature Midco 2 Ltd75–100%
  4. N Family Club Ltd75–100%
  5. N Is for Nursery Ltdthis company

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

Sister companies (41)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2022 (profit £433k), from the Companies House accounts bulk data published Jan 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.