How much does Next World Limited make?

Next World Limited reported revenue of £597k and £18k profit in the year to 31 May 2023, according to its accounts filed at Companies House.

How many employees does Next World Limited have?

Next World Limited reported an average of 0 employees in the year to 31 May 2023.

Is Next World Limited profitable?

Yes — Next World Limited reported a profit of £18k in the year to 31 May 2023.

Company No. 11385492 · Incorporated 26 May 2018

Next World Limited

Registered name: NEXT WORLD LIMITED

Next World Limited made £597k revenue and £18k profit in the year to 31 May 2023.

Next World Limited’s revenue grew 10% to £597k in the year to 31 May 2023, with £18k profit and 0 employees. The company is classified under “agents involved in the sale of textiles, clothing, fur, footwear and leather goods” and is based in Brentwood; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46160Agents involved in the sale of textiles, clothing, fur, footwear and leather goods SIC 61900Other telecommunications activities

Status: Active
Location: Brentwood, East of England
Age: 8 yrs · since 2018
Type: Private Limited Company

Latest accounts · year to 31 May 2023

Key figures

IndependentSmall teamOperating leverage

Revenue

£597k

Growth ▲10%

Profit

£18k

Growth ▲285.5%

Profit margin

Gross 6.2%

Employees

Change —

Profit / employee

—

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 May 2022	31 May 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£543k	£597k
Cost of sales	£513k	£560k
Gross profit	£30.5k	£37.1k
Operating profit	£5.8k	£22.2k
Profit before tax	£5.8k	£22.2k
Profit after tax	£4.7k	£18k
Profit (best available)	£4.7k	£18k
Employees (average)	0	0
Ratios
Profit margin	0.9%	3%
Gross margin	5.6%	6.2%
Growth (year on year)
Revenue growth	—	▲10%
Profit growth	—	▲285.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£542	£8.5k
Net assets	£22.8k	£40.8k
Fixed assets	£240	—
Current assets	£81.1k	£96.3k
Debtors	£80.5k	£87.8k
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024

Derived from the latest filing

How the business works

Profit margin: 3%; Profit ÷ revenue.
Gross margin: 6.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; 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: 14.7%; 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: ▲79%; Now £40.8k
Cash at bank: ▲1464%; Now £8.5k
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2023 (profit £18k), from the Companies House accounts bulk data published Feb 2024. 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.