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Company No. 12118475 · Incorporated 23 Jul 2019

Nio Performance Engineering Limited

Registered name: NIO PERFORMANCE ENGINEERING LIMITED

Part of Nio Inc group

Nio Performance Engineering Limited made £12.9m revenue and £793k profit in the year to 31 Dec 2025.

Nio Performance Engineering Limited’s revenue grew 24% to £12.9m in the year to 31 Dec 2025, with £793k profit and 49 employees. The company is classified under “other engineering activities” and is based in Witney; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 71129Other engineering activitiesSIC 74909Other professional, scientific and technical activities n.e.c.
Status
Active
Location
Witney, South East
Age
7 yrs · since 2019
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “NIO Nextev Limited”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightDoing more with less
Revenue
£12.9m
Growth ▲24.1%
Profit
£793k
Growth —
Profit margin
6.2%
Gross 73.8%
Employees
49
Change ▼5.8%
Profit / employee
£16.2k
Revenue/employee £263k
Profitable streak
1yr
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 to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£14.8m£11.3m£10.4m£12.9m
Cost of sales——£206k£3.4m
Gross profit£14.8m£11.3m£10.4m£9.5m
Profit before tax£104k£769k£25.7k£1.6m
Profit after tax£846k£509k−£36.1k£793k
Profit (best available)£846k£509k−£36.1k£793k
Staff costs£5.9m£7.1m£6.4m£6.2m
Employees (average)52575249
Ratios
Profit margin5.7%4.5%−0.4%6.2%
Gross margin100%100%100%73.8%
Revenue per employee£285k£198k£199k£263k
Profit per employee£16.3k£8.9k−£694£16.2k
Growth (year on year)
Revenue growth—▼23.8%▼8.1%▲24.1%
Profit growth—▼39.8%▼107.1%—
Headcount growth—▲9.6%▼8.8%▼5.8%
Balance sheet — indirect signals, not revenue
Cash at bank£3.6m£3.6m£5.4m£6.2m
Net assets£1.7m£2.8m£3.2m£4.4m
Fixed assets£746k£670k£361k£199k
Current assets£9.4m£9.8m£9.9m£14.3m
Debtors£5.8m£6.2m£4.5m£990k
SourceAccounts · bulk data Sep 2024Accounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
6.2%
Profit ÷ revenue.
Gross margin
73.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£263k
Revenue ÷ average employees.
Profit per employee
£16.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
7.7%
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
▲38%
Now £4.4m
Cash at bank
▲15%
Now £6.2m
Headcount
▼6%
Now 49
Deferred income
—
Now —
Fixed assets
▼45%
Now £199k
Corporate ownership

Group structure

Ownership chain

  1. Nio Inc (registered outside the UK register)ultimate parent75–100%
  2. Nio Performance Engineering Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £793k), from the Companies House accounts bulk data published Sep 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.