How much does Nicobrand Limited make?

Nicobrand Limited reported revenue of £62.5m and £19.9m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Nicobrand Limited have?

Nicobrand Limited reported an average of 88 employees in the year to 31 Dec 2025.

Is Nicobrand Limited profitable?

Yes — Nicobrand Limited reported a profit of £19.9m in the year to 31 Dec 2025.

Company No. NI033276 · Incorporated 19 Nov 1997

Nicobrand Limited

Registered name: NICOBRAND LIMITED

Part of Contraf -Nicotex-Tobacco Gmbh group

Nicobrand Limited made £62.5m revenue and £19.9m profit in the year to 31 Dec 2025. read from filing text

Nicobrand Limited’s revenue fell 6% to £62.5m in the year to 31 Dec 2025, with £19.9m profit and 88 employees. The company is classified under “manufacture of pharmaceutical preparations” and is based in County Londonderry; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 21200Manufacture of pharmaceutical preparations

Status: Active
Location: County Londonderry, Northern Ireland
Age: 28 yrs · since 1997
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The ultimate parent company is Contraf-Nicotex-Tobacco GmbH, a company registered at Herbststraße 8, 74072 Heilbronn, Germany.”

Latest accounts · year to 31 Dec 2025

Key figures

Cash flow filed

Revenue

£62.5m

Growth ▼5.7%

Profit

£19.9m

Growth ▼3.1%

Profit margin

31.8%

Gross 49.7%

Employees

Change ▲35.4%

Profit / employee

£226k

Revenue/employee £710k

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&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£16.1m	£28.7m	£66.3m	£62.5m
Cost of sales	£8.7m	£15.7m	£34.8m	£31.4m
Gross profit	£7.4m	£13m	£31.5m	£31.1m
Operating profit	£4.9m	£10.5m	£27.3m	£26.5m
Profit before tax	£4.9m	£10.5m	£27.3m	£26.5m
Profit after tax	£4m	£7.9m	£20.5m	£19.9m
Profit (best available)	£4m	£7.9m	£20.5m	£19.9m
Staff costs	£1.7m	£2.1m	£2.8m	£4.2m
Employees (average)	40	49	65	88
Ratios
Profit margin	24.9%	27.6%	30.9%	31.8%
Gross margin	45.9%	45.3%	47.5%	49.7%
Revenue per employee	£403k	£585k	£1m	£710k
Profit per employee	£100k	£162k	£315k	£226k
Cash conversion	−32.1%	−59.4%	−42.3%	−99.8%
Growth (year on year)
Revenue growth	—	▲77.7%	▲131.1%	▼5.7%
Profit growth	—	▲97.4%	▲158.5%	▼3.1%
Headcount growth	—	▲22.5%	▲32.6%	▲35.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.1m	£2.9m	£2.5m	£11.1m
Net assets	£16.4m	£22.6m	£40.6m	£53m
Fixed assets	£5.3m	£6.5m	£47.7k	£9.2m
Current assets	£15m	£20m	£39.4m	£47.8m
Debtors	£5.4m	£9.3m	£25.4m	£14.4m
Deferred income	£4.4k	£3.9k	£3.4k	£19.6k
Cash from operations	−£1.6m	−£6.2m	−£11.6m	−£26.4m
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 31.8%; Profit ÷ revenue.
Gross margin: 49.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £710k; Revenue ÷ average employees.
Profit per employee: £226k; Profit ÷ average employees.
Cash conversion: −99.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 14.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 23%; 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 £53m
Cash at bank: ▲344%; Now £11.1m
Headcount: ▲35%; Now 88
Deferred income: ▲477%; Now £19.6k
Fixed assets: ▲19136%; Now £9.2m

Corporate ownership

Group structure

Ownership chain

Contraf -Nicotex-Tobacco Gmbh (registered outside the UK register)ultimate parent75–100%
Nicobrand Limitedthis company

Bands show the share of ownership each company holds in the one below it.

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £19.9m), 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.