N.K. Coatings Ltd
Registered name: N.K. COATINGS LTD
N.K. Coatings Ltd made £10.6m revenue and £1.1m profit in the year to 30 Apr 2025.
N.K. Coatings Ltd’s revenue fell 1% to £10.6m in the year to 30 Apr 2025, with £1.1m profit and 0 employees. The company is classified under “treatment and coating of metals” and is based in Co Antrim; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Co Antrim, Northern Ireland
- Age
- 58 yrs · since 1967
- 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 | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £10m | £10.7m | £10.6m |
| Cost of sales | £5.7m | £6.1m | £6.9m | £6.6m |
| Gross profit | — | £4m | £3.8m | £4m |
| Profit before tax | £422k | £1.1m | £1.3m | £1.4m |
| Profit after tax | — | £902k | £815k | £1.1m |
| Profit (best available) | £422k | £902k | £815k | £1.1m |
| Staff costs | £3m | £3m | £3.5m | — |
| Employees (average) | 107 | 101 | 94 | 0 |
| Ratios | ||||
| Profit margin | — | 9% | 7.6% | 10.4% |
| Gross margin | — | 40% | 35.2% | 38% |
| Revenue per employee | — | £99.5k | £114k | — |
| Profit per employee | £3.9k | £8.9k | £8.7k | — |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲6.6% | ▼0.8% |
| Profit growth | — | ▲113.8% | ▼9.6% | ▲35.5% |
| Headcount growth | — | ▼5.6% | ▼6.9% | ▼100% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £509k | £753k | £825k | £648k |
| Net assets | £3.8m | £4m | £811k | £1m |
| Fixed assets | £3m | £3.4m | £3.6m | £3.5m |
| Current assets | £4.8m | £5.1m | £4.8m | £4.7m |
| Debtors | £2.4m | £2.3m | £2.3m | £2.1m |
| Deferred income | £441k | £440k | — | — |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 10.4%
- Profit ÷ revenue.
- Gross margin
- 38%
- 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
- 33.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 20%
- 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
- ▲25%
- Now £1m
- Cash at bank
- ▼21%
- Now £648k
- Headcount
- ▼100%
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼3%
- Now £3.5m
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- Profit
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- Staff
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- Leeds Galvanising & Powder Coating LimitedLeeds · Treatment and coating of metals
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £1.1m), from the Companies House accounts bulk data published Dec 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.