Skip to content
CompanySight
Company No. 14669008 · Incorporated 16 Feb 2023

Neov Ltd

Registered name: NEOV LTD

Neov Ltd made £54.3k revenue and £4k profit in the year to 28 Feb 2025. read from filing text

Neov Ltd’s revenue grew 215% to £54.3k in the year to 28 Feb 2025, with £4k profit and 1 employee. The company is classified under “retail sale via mail order houses or via internet” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47910Retail sale via mail order houses or via Internet
Status
Active
Location
London, London
Age
3 yrs · since 2023
Type
Private Limited Company
Latest accounts · year to 28 Feb 2025

Key figures

IndependentSmall teamYoung and profitable
Revenue
£54.3k
Growth ▲215%
Profit
£4k
Growth —
Profit margin
7.4%
Gross 15.9%
Employees
1
Change 0%
Profit / employee
£4k
Revenue/employee £54.3k
Profitable streak
1yr
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to28 Feb 202428 Feb 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£17.2k£54.3k
Cost of sales£26.9k£45.7k
Gross profit−£9.7k£8.7k
Profit before tax−£11.9k£4.9k
Profit after tax−£11.9k£4k
Profit (best available)−£11.9k£4k
Employees (average)11
Ratios
Profit margin−69.1%7.4%
Gross margin−56%15.9%
Revenue per employee£17.2k£54.3k
Profit per employee−£11.9k£4k
Growth (year on year)
Revenue growth—▲215%
Headcount growth—0%
Balance sheet — indirect signals, not revenue
Net assets£11.9k−£7.9k
Current assets£0—
SourceFullAccounts · bulk data Nov 2024FullAccounts · bulk data Aug 2025
Derived from the latest filing

How the business works

Profit margin
7.4%
Profit ÷ revenue.
Gross margin
15.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£54.3k
Revenue ÷ average employees.
Profit per employee
£4k
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.
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
▼166%
Now −£7.9k
Cash at bank
—
Now —
Headcount
0%
Now 1
Deferred income
—
Now —
Fixed assets
—
Now —
Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £4k), from the Companies House accounts bulk data published Aug 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.