NW Cover Ltd
Registered name: NW COVER LTD
NW Cover Ltd made £46.1k revenue and £3.6k profit in the year to 30 Apr 2025.
NW Cover Ltd’s revenue grew 41% to £46.1k in the year to 30 Apr 2025, with £3.6k profit and 1 employee. The company is classified under “activities of insurance agents and brokers” and is based in Manchester; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Manchester, North West
- Age
- 7 yrs · since 2019
- 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) | £39.4k | £32.6k | £32.6k | £46.1k |
| Profit after tax | £3.2k | £1.3k | −£8.3k | £3.6k |
| Profit (best available) | £3.2k | £1.3k | −£8.3k | £3.6k |
| Staff costs | £0 | £7k | £7.2k | £7.5k |
| Employees (average) | — | 2 | 2 | 1 |
| Ratios | ||||
| Profit margin | 8.1% | 3.9% | −25.3% | 7.8% |
| Revenue per employee | — | £16.3k | £16.3k | £46.1k |
| Profit per employee | — | £636 | −£4.1k | £3.6k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼17.1% | 0% | ▲41.2% |
| Profit growth | — | ▼60.3% | ▼750.7% | — |
| Headcount growth | — | — | 0% | ▼50% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | −£12.9k | −£20.6k | £4k | £4k |
| Fixed assets | £2k | £2k | £2k | £2k |
| Current assets | £2k | £2k | £2k | £2k |
| 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
- 7.8%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £46.1k
- Revenue ÷ average employees.
- Profit per employee
- £3.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.3%
- 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
- 0%
- Now £4k
- Cash at bank
- —
- Now —
- Headcount
- ▼50%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £2k
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £3.6k), 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.