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Company No. 11202291 · Incorporated 13 Feb 2018

N2 Build Ltd

Registered name: N2 BUILD LTD

N2 Build Ltd made £742k revenue and £107k profit in the year to 28 Feb 2025.

N2 Build Ltd’s revenue grew 14% to £742k in the year to 28 Feb 2025, with £107k profit and 2 employees. The company is classified under “construction of commercial buildings” and is based in London; we hold 4 years of its filed accounts.

Status
Active
Location
London, London
Age
8 yrs · since 2018
Type
Private Limited Company
Latest accounts · year to 28 Feb 2025

Key figures

IndependentSmall teamCapital-lightOperating leverage
Revenue
£742k
Growth ▲13.6%
Profit
£107k
Growth ▲22.9%
Profit margin
14.5%
 
Employees
2
Change 0%
Profit / employee
£53.7k
Revenue/employee £371k
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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to28 Feb 202228 Feb 202329 Feb 202428 Feb 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£161k£239k£653k£742k
Cost of sales—£162k£496k—
Gross profit—£77.4k£157k—
Profit before tax−£10.2k£40.8k£113k£141k
Profit after tax−£10.2k£36.4k£87.5k£107k
Profit (best available)−£10.2k£36.4k£87.5k£107k
Staff costs£16.8k£16.8k£17.6k£18k
Employees (average)2222
Ratios
Profit margin−6.3%15.3%13.4%14.5%
Gross margin—32.4%24%—
Revenue per employee£80.6k£120k£327k£371k
Profit per employee−£5.1k£18.2k£43.7k£53.7k
Growth (year on year)
Revenue growth—▲48.3%▲173.3%▲13.6%
Profit growth——▲140%▲22.9%
Headcount growth—0%0%0%
Balance sheet — indirect signals, not revenue
Cash at bank—£26.6k£101k—
Net assets−£16.1k£1.3k£8.8k£4.3k
Fixed assets£4.6k£24.2k£16.3k£30.9k
Current assets£7.6k£34.8k£101k£45.7k
Debtors—£8.1k——
SourceFullAccounts · bulk data Nov 2023FullAccounts · bulk data Nov 2023FullAccounts · bulk data Nov 2024FullAccounts · bulk data Nov 2025
Derived from the latest filing

How the business works

Profit margin
14.5%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£371k
Revenue ÷ average employees.
Profit per employee
£53.7k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
4.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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
▼51%
Now £4.3k
Cash at bank
—
Now —
Headcount
0%
Now 2
Deferred income
—
Now —
Fixed assets
▲90%
Now £30.9k
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £107k), from the Companies House accounts bulk data published Nov 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.