How much does NC LDN Ltd make?

NC LDN Ltd reported revenue of £19.8m and £4.2m profit in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does NC LDN Ltd have?

NC LDN Ltd reported an average of 35 employees in the year to 31 May 2025.

Is NC LDN Ltd profitable?

Yes — NC LDN Ltd reported a profit of £4.2m in the year to 31 May 2025.

Company No. 12627090 · Incorporated 27 May 2020

NC LDN Ltd

Registered name: NC LDN LTD

Part of ST Templemead Ltd group

NC LDN Ltd made £19.8m revenue and £4.2m profit in the year to 31 May 2025.

NC LDN Ltd’s revenue grew 36% to £19.8m in the year to 31 May 2025, with £4.2m profit and 35 employees. The company is classified under “retail sale of clothing in specialised stores” and is based in Portsmouth; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47710Retail sale of clothing in specialised stores

Status: Active
Location: Portsmouth, South East
Age: 6 yrs · since 2020
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.

Latest accounts · year to 31 May 2025

Key figures

Capital-lightCash flow filed

Revenue

£19.8m

Growth ▲36.1%

Profit

£4.2m

Growth ▲16.7%

Profit margin

21.1%

Gross 73.7%

Employees

Change ▲75%

Profit / employee

£119k

Revenue/employee £565k

Profitable streak

3yrs

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 to	31 May 2022	31 May 2023	31 May 2024	31 May 2025
Disclosure	No P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£14.4m	£14.5m	£19.8m
Cost of sales	—	£3.9m	£3.9m	£5.2m
Gross profit	—	£10.5m	£10.6m	£14.6m
Operating profit	—	£7.1m	£4.6m	£5.4m
Profit before tax	—	£7.1m	£4.8m	£5.6m
Profit after tax	—	£5.7m	£3.6m	£4.2m
Profit (best available)	—	£5.7m	£3.6m	£4.2m
Staff costs	—	£390k	£799k	£1.4m
Employees (average)	12	14	20	35
Ratios
Profit margin	—	39.7%	24.6%	21.1%
Gross margin	—	72.9%	73.2%	73.7%
Revenue per employee	—	£1m	£726k	£565k
Profit per employee	—	£407k	£179k	£119k
Cash conversion	—	−98.9%	−88.4%	−102.6%
Growth (year on year)
Revenue growth	—	—	▲1.1%	▲36.1%
Profit growth	—	—	▼37.3%	▲16.7%
Headcount growth	—	▲16.7%	▲42.9%	▲75%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.2m	£7.1m	£5.8m	£3.2m
Net assets	£1.3m	£6.4m	£5.7m	£3.2m
Fixed assets	£19k	£53.6k	£43.2k	£22.1k
Current assets	£2.7m	£8m	£7.6m	£5.2m
Debtors	£186k	£79k	£85.3k	£126k
Deferred income	—	£0	£150k	—
Cash from operations	—	−£7m	−£4.1m	−£5.5m
Source	FilletedAccounts · bulk data Feb 2024	FilletedAccounts · bulk data Feb 2024	FullAccounts · bulk data May 2025	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 21.1%; Profit ÷ revenue.
Gross margin: 73.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £565k; Revenue ÷ average employees.
Profit per employee: £119k; Profit ÷ average employees.
Cash conversion: −102.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.6%; 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: ▼44%; Now £3.2m
Cash at bank: ▼45%; Now £3.2m
Headcount: ▲75%; Now 35
Deferred income: —; Now —
Fixed assets: ▼49%; Now £22.1k

Corporate ownership

Group structure

Ownership chain

ST Templemead Ltdultimate parent75–100%
NC LDN Ltdthis 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

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2025 (profit £4.2m), from the Companies House accounts bulk data published Feb 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.