Nihg Limited
Registered name: NIHG LIMITED
Nihg Limited made £7.7m revenue and a £3.1m loss in the year to 31 Dec 2025. read from filing text
Nihg Limited’s revenue grew 41% to £7.7m in the year to 31 Dec 2025, with a loss of £3.1m and 0 employees. The company is classified under “activities of head offices” and is based in Belfast; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Belfast, Northern Ireland
- Age
- 17 yrs · since 2009
- 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.
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 Company is jointly owned by Ashover Project Investments Limited, Coral Project Investments (Assetco) Limited and PFI 2005 Limited which are registered at 1 Park Row, Leeds, United Kingdom, LS1 5AB”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| 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) | £5.9m | £5.3m | £5.5m | £7.7m |
| Cost of sales | £3.7m | £3.1m | £3.2m | £5.2m |
| Gross profit | £2.1m | £2.2m | £2.3m | £2.5m |
| Operating profit | £269k | £1m | £902k | £1.3m |
| Profit before tax | −£2.8m | −£1.4m | −£2.5m | −£3.1m |
| Profit after tax | −£2.8m | −£1.4m | −£2.5m | −£3.1m |
| Profit (best available) | −£2.8m | −£1.4m | −£2.5m | −£3.1m |
| Employees (average) | — | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | −47.7% | −26.6% | −46% | −40.6% |
| Gross margin | 36.1% | 41.8% | 41.5% | 32.7% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼10.1% | ▲4.4% | ▲40.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | — | — | £10.9m | £12.2m |
| Net assets | £1k | £1k | £1k | £1k |
| Current assets | £40.4m | £45.9m | £52.3m | £59.7m |
| Debtors | £0 | £0 | £0 | £0 |
| Deferred income | £21.4m | £26.9m | £33.4m | £40.7m |
| Source | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- −40.6%
- Profit ÷ revenue.
- Gross margin
- 32.7%
- 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
- 526.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- 0%
- Now £1k
- Cash at bank
- ▲12%
- Now £12.2m
- Headcount
- —
- Now 0
- Deferred income
- ▲22%
- Now £40.7m
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- Nihg South West Health Partnership LimitedRev. £7.7m · Profit −£3.1m
Minority corporate shareholders
- Pfi 2005 Limited 25–50%
- Ashover Project Investments Limited 25–50%
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£3.1m), from the Companies House accounts bulk data published May 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.