Nqual Ltd
Registered name: NQUAL LTD
Nqual Ltd made £1.5m revenue and £348k profit in the year to 31 Oct 2025.
Nqual Ltd’s revenue was £1.5m in the year to 31 Oct 2025, with £348k profit and 18 employees. The company is classified under “other education” and is based in Warrington; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Warrington, North West
- Age
- 8 yrs · since 2017
- 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 Oct 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £784k | £1.5m |
| Cost of sales | — | — | £133k | £247k |
| Gross profit | — | — | £651k | £1.3m |
| Operating profit | — | — | £56.2k | £459k |
| Profit before tax | — | — | £56.1k | £459k |
| Profit after tax | — | — | £55.7k | £348k |
| Profit (best available) | — | — | £55.7k | £348k |
| Employees (average) | 9 | 11 | 12 | 18 |
| Ratios | ||||
| Profit margin | — | — | 7.1% | 23.1% |
| Gross margin | — | — | 83% | 83.7% |
| Revenue per employee | — | — | £65.4k | £83.9k |
| Profit per employee | — | — | £4.6k | £19.3k |
| Growth (year on year) | ||||
| Headcount growth | — | ▲22.2% | ▲9.1% | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £12.5k | £29.8k | £7.1k | £184k |
| Net assets | −£93.8k | −£63.8k | −£7.6k | £318k |
| Fixed assets | £7.5k | £6.4k | £6.7k | £10.9k |
| Current assets | £64.2k | £113k | £136k | £526k |
| Debtors | £39.3k | £64.3k | £96.2k | £291k |
| Source | Accounts · bulk data Aug 2024 | Accounts · bulk data Aug 2024 | FilletedAccounts · bulk data Mar 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 23.1%
- Profit ÷ revenue.
- Gross margin
- 83.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £83.9k
- Revenue ÷ average employees.
- Profit per employee
- £19.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 19.3%
- 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 £318k
- Cash at bank
- —
- Now £184k
- Headcount
- —
- Now 18
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £10.9k
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £348k), 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.