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.
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2022 | 31 Jan 2023 | 31 Jan 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full 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) | 25 | 29 | 29 |
| Ratios | |||
| Profit margin | 29.4% | 30.8% | 31.3% |
| Gross margin | 50.8% | 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 |
| Source | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2025 |
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.
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
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- Profit
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- Manchetts PB LimitedBurwell · Sale of used cars and light motor vehicles
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- Northam Farm Caravan Sales LimitedTaunton · Sale of used cars and light motor vehicles
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- Autorola LtdMacclesfield · Sale of used cars and light motor vehicles
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- Profit
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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.