How much does NCF Way Limited make?

NCF Way Limited reported revenue of £138k and a loss of £700k in the year to 30 Apr 2024, according to its accounts filed at Companies House.

How many employees does NCF Way Limited have?

NCF Way Limited reported an average of 9 employees in the year to 30 Apr 2024.

Is NCF Way Limited profitable?

No — NCF Way Limited reported a loss of £700k in the year to 30 Apr 2024.

Company No. 11971904 · Incorporated 30 Apr 2019

NCF Way Limited

Registered name: NCF WAY LIMITED

NCF Way Limited made £138k revenue and a £700k loss in the year to 30 Apr 2024.

NCF Way Limited’s revenue grew 73% to £138k in the year to 30 Apr 2024, with a loss of £700k and 9 employees. The company is classified under “construction of domestic buildings” and is based in Woodford Ave; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41202Construction of domestic buildings

Status: Active - Proposal to Strike off
Location: Woodford Ave, London
Age: 7 yrs · since 2019
Type: Private Limited Company

Latest accounts · year to 30 Apr 2024

Key figures

IndependentSmall team

Revenue

£138k

Growth ▲72.5%

Profit

−£700k

Growth —

Profit margin

−507.2%

Gross −454.3%

Employees

Change ▲200%

Profit / employee

−£77.8k

Revenue/employee £15.3k

Profitable streak

0yrs

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	30 Apr 2022	30 Apr 2023	30 Apr 2024
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£80k	£138k
Cost of sales	—	£60k	£765k
Gross profit	—	£20k	−£627k
Operating profit	—	−£41k	−£700k
Profit before tax	—	−£41k	−£700k
Profit after tax	—	−£41k	−£700k
Profit (best available)	—	−£41k	−£700k
Employees (average)	11	3	9
Ratios
Profit margin	—	−51.3%	−507.2%
Gross margin	—	25%	−454.3%
Revenue per employee	—	£26.7k	£15.3k
Profit per employee	—	−£13.7k	−£77.8k
Growth (year on year)
Revenue growth	—	—	▲72.5%
Headcount growth	—	▼72.7%	▲200%
Balance sheet — indirect signals, not revenue
Cash at bank	—	£630	£500
Net assets	£318k	£41k	−£700k
Fixed assets	£117k	£15.8k	£27k
Current assets	£255k	£18.6k	£30.5k
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jul 2024

Derived from the latest filing

How the business works

Profit margin: −507.2%; Profit ÷ revenue.
Gross margin: −454.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £15.3k; Revenue ÷ average employees.
Profit per employee: −£77.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 19.6%; 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: ▼1807%; Now −£700k
Cash at bank: ▼21%; Now £500
Headcount: ▲200%; Now 9
Deferred income: —; Now —
Fixed assets: ▲71%; Now £27k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Apr 2024 (profit −£700k), from the Companies House accounts bulk data published Jul 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.