Skip to content
CompanySight
Company No. 11287284 · Incorporated 3 Apr 2018

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
Latest accounts · year to 30 Apr 2025

Key figures

IndependentSmall team
Revenue
£70.4k
Growth ▼14.9%
Profit
£12.5k
Growth ▼45.1%
Profit margin
17.8%
 
Employees
1
Change 0%
Profit / employee
£12.5k
Revenue/employee £70.4k
Profitable streak
4yrs
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 to30 Apr 202230 Apr 202330 Apr 202430 Apr 2025
DisclosureFull P&LFull P&LFull P&LFull 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)—111
Ratios
Profit margin28.9%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
SourceFullAccounts · bulk data Jan 2024FullAccounts · bulk data Jan 2024FullAccounts · bulk data Jan 2025FullAccounts · bulk data Jan 2026
Derived from the latest filing

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.
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
▼9%
Now £67.4k
Cash at bank
—
Now —
Headcount
0%
Now 1
Deferred income
—
Now —
Fixed assets
—
Now —
Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.