Northcoders Group PLC
Registered name: NORTHCODERS GROUP PLC
Northcoders Group PLC made £4.9m revenue and a £3m loss in the year to 31 Dec 2025.
Northcoders Group PLC’s revenue fell 44% to £4.9m in the year to 31 Dec 2025, with a loss of £3m. The company is classified under “activities of head offices” and is based in Manchester; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Manchester, North West
- Age
- 5 yrs · since 2021
- Type
- Public 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 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £7.1m | £8.8m | £4.9m |
| Cost of sales | −£2.7m | −£2.9m | −£2m |
| Gross profit | £4.4m | £5.9m | £2.9m |
| Operating profit | −£1.1m | £445k | −£2.9m |
| Profit before tax | −£1.2m | £389k | −£2.9m |
| Profit after tax | −£1m | £389k | −£3m |
| Profit (best available) | −£1m | £389k | −£3m |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | −14.2% | 4.4% | −61.2% |
| Gross margin | 62.6% | 66.9% | 59.1% |
| Growth (year on year) | |||
| Revenue growth | — | ▲24.2% | ▼43.9% |
| Profit growth | — | — | ▼878.8% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jun 2025 | Accounts · bulk data Jun 2025 | Accounts · bulk data Jun 2026 |
How the business works
- Profit margin
- −61.2%
- Profit ÷ revenue.
- Gross margin
- 59.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (2)
- Northcoders LimitedRev. £8.5m · Profit £494k
- Tech Returners LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit −£3m), from the Companies House accounts bulk data published Jun 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.