Novabit I.T. Services Limited
Registered name: NOVABIT I.T. SERVICES LIMITED
Novabit I.T. Services Limited made £70.4k revenue and £12.5k profit in the year to 30 Apr 2025.
Novabit I.T. Services Limited’s revenue fell 15% to £70.4k in the year to 30 Apr 2025, with £12.5k profit and 1 employee. The company is classified under “information technology consultancy activities” and is based in Seaford; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Seaford, South East
- 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 | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £69.6k | £62.8k | £82.7k | £70.4k |
| Profit after tax | £20.1k | £6.8k | £22.8k | £12.5k |
| Profit (best available) | £20.1k | £6.8k | £22.8k | £12.5k |
| Staff costs | £43.4k | £53.2k | £53k | £53.1k |
| Employees (average) | — | 1 | 1 | 1 |
| Ratios | ||||
| Profit margin | 28.9% | 10.9% | 27.6% | 17.8% |
| Revenue per employee | — | £62.8k | £82.7k | £70.4k |
| Profit per employee | — | £6.8k | £22.8k | £12.5k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼9.8% | ▲31.8% | ▼14.9% |
| Profit growth | — | ▼66% | ▲233.7% | ▼45.1% |
| Headcount growth | — | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £55.3k | £51k | £73.7k | £67.4k |
| Current assets | £84.9k | £92.6k | £137k | £139k |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 17.8%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £70.4k
- Revenue ÷ average employees.
- Profit per employee
- £12.5k
- 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
- —
- 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
- ▼9%
- Now £67.4k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £12.5k), from the Companies House accounts bulk data published Jan 2026. 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.