Novicell UK Limited
Registered name: NOVICELL UK LIMITED
Novicell UK Limited made £3.5m revenue and £438k profit in the year to 31 Dec 2025.
Novicell UK Limited’s revenue grew 43% to £3.5m in the year to 31 Dec 2025, with £438k profit and 16 employees. The company is classified under “information technology consultancy activities” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 10 yrs · since 2016
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £3.4m | £2.9m | £2.5m | £3.5m |
| Cost of sales | £2.5m | £2.5m | £2.1m | £2.2m |
| Gross profit | £871k | £379k | £370k | £1.3m |
| Operating profit | £181k | −£471k | −£169k | £682k |
| Profit before tax | £89.9k | −£485k | −£173k | £589k |
| Profit after tax | £115k | −£354k | −£131k | £438k |
| Profit (best available) | £115k | −£354k | −£131k | £438k |
| Employees (average) | 30 | 26 | 20 | 16 |
| Ratios | ||||
| Profit margin | 3.4% | −12.3% | −5.3% | 12.4% |
| Gross margin | 25.9% | 13.1% | 14.9% | 36.5% |
| Revenue per employee | £112k | £111k | £124k | £221k |
| Profit per employee | £3.8k | −£13.6k | −£6.5k | £27.4k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼14.2% | ▼14.2% | ▲42.9% |
| Profit growth | — | ▼407.5% | — | — |
| Headcount growth | — | ▼13.3% | ▼23.1% | ▼20% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £42.8k | £68k | £207k | £156k |
| Net assets | £388k | £34.4k | −£96.2k | £342k |
| Current assets | £1.2m | £950k | £1m | £874k |
| Debtors | £761k | £694k | £498k | £494k |
| Deferred income | £106k | £164k | £309k | £215k |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 12.4%
- Profit ÷ revenue.
- Gross margin
- 36.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £221k
- Revenue ÷ average employees.
- Profit per employee
- £27.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14%
- 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 £342k
- Cash at bank
- ▼25%
- Now £156k
- Headcount
- ▼20%
- Now 16
- Deferred income
- ▼30%
- Now £215k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £438k), from the Companies House accounts bulk data published Mar 2026. Spotted an error? Request a correction.
Updated from Companies House on 24 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.