Niace Limited
Registered name: NIACE LIMITED
Niace Limited made £193k revenue and £69.6k profit in the year to 31 Jul 2024.
Niace Limited’s revenue was £193k in the year to 31 Jul 2024, with £69.6k profit and 0 employees. The company is classified under “other professional, scientific and technical activities” and is based in Belfast; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Belfast, Northern Ireland
- Age
- 16 yrs · since 2010
- Type
- PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. 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 | 31 Jul 2022 | 31 Jul 2023 | 31 Jul 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £193k | £193k | £193k |
| Cost of sales | £0 | £0 | — |
| Gross profit | £193k | £193k | £193k |
| Operating profit | £68k | £64k | £69.6k |
| Profit before tax | £68k | £64k | £69.6k |
| Profit after tax | £68k | £64k | £69.6k |
| Profit (best available) | £68k | £64k | £69.6k |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | 35.3% | 33.2% | 36.1% |
| Gross margin | 100% | 100% | 100% |
| Growth (year on year) | |||
| Revenue growth | — | 0% | 0% |
| Profit growth | — | ▼5.9% | ▲8.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £127k | £69.2k | £70.6k |
| Net assets | £2.4m | £2.4m | £2.4m |
| Fixed assets | £6.2m | £6m | £5.9m |
| Current assets | £157k | £159k | £161k |
| Debtors | £30.1k | £90.3k | £90.3k |
| Deferred income | £79k | £82.3k | £83.5k |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data Apr 2025 |
How the business works
- Profit margin
- 36.1%
- Profit ÷ revenue.
- Gross margin
- 100%
- 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
- 3067%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 43.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 46.8%
- 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
- ▼2%
- Now £2.4m
- Cash at bank
- ▲2%
- Now £70.6k
- Headcount
- —
- Now 0
- Deferred income
- ▲1%
- Now £83.5k
- Fixed assets
- ▼2%
- Now £5.9m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Minority corporate shareholders
- Ulster University (registered outside the UK register)
- Queen's University Belfast (registered outside the UK register)
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Jul 2024 (profit £69.6k), from the Companies House accounts bulk data published Apr 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.