How much does Nicklin Capital Ltd make?

Nicklin Capital Ltd reported revenue of £19.3m and £1.2m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Nicklin Capital Ltd have?

Nicklin Capital Ltd reported an average of 139 employees in the year to 31 Dec 2025.

Is Nicklin Capital Ltd profitable?

Yes — Nicklin Capital Ltd reported a profit of £1.2m in the year to 31 Dec 2025.

Company No. 14162346 · Incorporated 9 Jun 2022

Nicklin Capital Ltd

Registered name: NICKLIN CAPITAL LTD

Nicklin Capital Ltd made £19.3m revenue and £1.2m profit in the year to 31 Dec 2025.

Nicklin Capital Ltd’s revenue grew 10% to £19.3m in the year to 31 Dec 2025, with £1.2m profit and 139 employees. The company is classified under “buying and selling of own real estate” and is based in Stourbridge; we hold 4 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68100Buying and selling of own real estate SIC 68201Renting and operating of Housing Association real estate SIC 68209Other letting and operating of own or leased real estate SIC 68320Management of real estate on a fee or contract basis

Status: Active
Location: Stourbridge, West Midlands
Age: 4 yrs · since 2022
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentYoung and profitableCash flow filed

Revenue

£19.3m

Growth ▲10.4%

Profit

£1.2m

Growth ▼27.5%

Profit margin

6.1%

Gross 41.4%

Employees

139

Change ▲4.5%

Profit / employee

£8.4k

Revenue/employee £139k

Profitable streak

4yrs

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 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£3.9m	£16.7m	£17.5m	£19.3m
Cost of sales	£2.5m	£10.1m	£10.2m	£11.3m
Gross profit	£1.4m	£6.6m	£7.2m	£8m
Operating profit	£556k	£3.4m	£3.3m	£3.5m
Profit before tax	£590k	£3.6m	£3.7m	£3.5m
Profit after tax	£1m	£4.5m	£1.6m	£1.2m
Profit (best available)	£1m	£4.5m	£1.6m	£1.2m
Staff costs	£1.3m	£5.1m	£5.9m	£6.7m
Employees (average)	122	131	133	139
Ratios
Profit margin	25.6%	27.1%	9.3%	6.1%
Gross margin	35.4%	39.6%	41.4%	41.4%
Revenue per employee	£32.1k	£128k	£131k	£139k
Profit per employee	£8.2k	£34.5k	£12.2k	£8.4k
Cash conversion	−61.4%	98%	103.4%	117.8%
Growth (year on year)
Revenue growth	—	▲327.1%	▲4.4%	▲10.4%
Profit growth	—	▲352.3%	▼64.3%	▼27.5%
Headcount growth	—	▲7.4%	▲1.5%	▲4.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£1m	£2.3m	£2.4m	£1.9m
Net assets	£2k	£3.4m	£4m	£2.7m
Fixed assets	£3.7m	£4.4m	£5.2m	£5m
Current assets	£12.6m	£13.7m	£13.9m	£1.9m
Debtors	£3.1m	£3.9m	£3.8m	£4m
Cash from operations	−£342k	£3.3m	£3.4m	£4.1m
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 6.1%; Profit ÷ revenue.
Gross margin: 41.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £139k; Revenue ÷ average employees.
Profit per employee: £8.4k; Profit ÷ average employees.
Cash conversion: 117.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 25.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 20.6%; 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: ▼31%; Now £2.7m
Cash at bank: ▼20%; Now £1.9m
Headcount: ▲5%; Now 139
Deferred income: —; Now —
Fixed assets: ▼4%; Now £5m

Corporate ownership

Group structure

Subsidiaries (1)

H.V.C. Supplies (Stourbridge) LimitedRev. £19.1m · Profit £2.6m

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.2m), 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.