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
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2022 | 28 Feb 2023 | 29 Feb 2024 | 28 Feb 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full 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) | 2 | 2 | 2 | 2 |
| 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 | — | — |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 |
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.
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
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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.