How much does Nikolov Ltd make?

Nikolov Ltd reported revenue of £155k and £9k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Nikolov Ltd have?

Nikolov Ltd reported an average of 2 employees in the year to 31 Mar 2025.

Is Nikolov Ltd profitable?

Yes — Nikolov Ltd reported a profit of £9k in the year to 31 Mar 2025.

Company No. 11273333 · Incorporated 23 Mar 2018

Nikolov Ltd

Registered name: NIKOLOV LTD

Nikolov Ltd made £155k revenue and £9k profit in the year to 31 Mar 2025.

Nikolov Ltd’s revenue grew 210% to £155k in the year to 31 Mar 2025, with £9k profit and 2 employees. The company is classified under “construction of utility projects for electricity and telecommunications” and is based in Rugeley; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 42220Construction of utility projects for electricity and telecommunications

Status: Active
Location: Rugeley, West Midlands
Age: 8 yrs · since 2018
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentSmall teamCapital-light

Revenue

£155k

Growth ▲210.4%

Profit

£9k

Growth ▲207.3%

Profit margin

5.8%

Gross 33.9%

Employees

Change 0%

Profit / employee

£4.5k

Revenue/employee £77.4k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£64.2k	£49.9k	£155k
Cost of sales	£21.1k	£10.8k	£102k
Gross profit	£43.1k	£39.1k	£52.4k
Operating profit	£9.4k	£3.6k	£11.1k
Profit before tax	£9.4k	£3.6k	£11.1k
Profit after tax	£7.6k	£2.9k	£9k
Profit (best available)	£7.6k	£2.9k	£9k
Employees (average)	2	2	2
Ratios
Profit margin	11.8%	5.9%	5.8%
Gross margin	67.2%	78.4%	33.9%
Revenue per employee	£32.1k	£24.9k	£77.4k
Profit per employee	£3.8k	£1.5k	£4.5k
Growth (year on year)
Revenue growth	—	▼22.2%	▲210.4%
Profit growth	—	▼61.5%	▲207.3%
Headcount growth	—	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£6.4k	£10.2k	£3k
Net assets	£3.8k	£2.8k	£6.1k
Fixed assets	—	£10.8k	£8.7k
Current assets	£6.4k	£13k	£3k
Debtors	—	£2.7k	—
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 5.8%; Profit ÷ revenue.
Gross margin: 33.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £77.4k; Revenue ÷ average employees.
Profit per employee: £4.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.6%; 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: ▲123%; Now £6.1k
Cash at bank: ▼70%; Now £3k
Headcount: 0%; Now 2
Deferred income: —; Now —
Fixed assets: ▼19%; Now £8.7k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £9k), 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.