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Company No. 13139942 · Incorporated 18 Jan 2021

Nano SP Ltd

Registered name: NANO SP LTD

Nano SP Ltd made £10m revenue and £3.1m profit in the year to 31 Jan 2024.

Nano SP Ltd’s revenue grew 2% to £10m in the year to 31 Jan 2024, with £3.1m profit and 29 employees. The company is classified under “sale of used cars and light motor vehicles” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45112Sale of used cars and light motor vehiclesSIC 64999Financial intermediation not elsewhere classified
Status
Active - Proposal to Strike off
Location
London, London
Age
5 yrs · since 2021
Type
Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 31 Jan 2024

Key figures

IndependentYoung and profitableOperating leverage
Revenue
£10m
Growth ▲2.4%
Profit
£3.1m
Growth ▲4%
Profit margin
31.3%
Gross 50.9%
Employees
29
Change 0%
Profit / employee
£107k
Revenue/employee £343k
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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Jan 202231 Jan 202331 Jan 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£9.5m£9.7m£10m
Cost of sales£4.7m£4.8m£4.9m
Gross profit£4.8m£4.9m£5.1m
Operating profit£3.6m£3.8m£3.9m
Profit before tax£3.6m£3.8m£3.9m
Profit after tax£2.8m£3m£3.1m
Profit (best available)£2.8m£3m£3.1m
Employees (average)252929
Ratios
Profit margin29.4%30.8%31.3%
Gross margin50.8%50.8%50.9%
Revenue per employee£381k£335k£343k
Profit per employee£112k£103k£107k
Growth (year on year)
Revenue growth—▲2.1%▲2.4%
Profit growth—▲7.1%▲4%
Headcount growth—▲16%0%
Balance sheet — indirect signals, not revenue
Cash at bank£2.5m£2.9m£3.1m
Net assets£8.7m£10.2m£11.5m
Fixed assets£3.5m£4.1m£5m
Current assets£9m£10.1m£10.6m
SourceFullAccounts · bulk data Jan 2025FullAccounts · bulk data Jan 2025FullAccounts · bulk data Jan 2025
Derived from the latest filing

How the business works

Profit margin
31.3%
Profit ÷ revenue.
Gross margin
50.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£343k
Revenue ÷ average employees.
Profit per employee
£107k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
49.8%
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
▲12%
Now £11.5m
Cash at bank
▲9%
Now £3.1m
Headcount
0%
Now 29
Deferred income
—
Now —
Fixed assets
▲20%
Now £5m
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Jan 2024 (profit £3.1m), from the Companies House accounts bulk data published Jan 2025. 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.