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Company No. OC313905 · Incorporated 27 Jun 2005

Nimax LLP

Registered name: NIMAX LLP

Nimax LLP made £36.8m revenue and £6.7m profit in the year to 28 Sep 2025.

Nimax LLP’s revenue grew 4% to £36.8m in the year to 28 Sep 2025, with £6.7m profit and 485 employees. The company is based in London; we hold 4 years of its filed accounts.

Full P&L filed
Status
Active
Location
London, London
Age
21 yrs · since 2005
Type
Limited Liability Partnership

Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. It is excluded from our opportunity lists.

Latest accounts · year to 28 Sep 2025

Key figures

Independent
Revenue
£36.8m
Growth ▲3.6%
Profit
£6.7m
Growth ▼10.3%
Profit margin
18.2%
Gross 37.1%
Employees
485
Change ▲3.6%
Profit / employee
£13.8k
Revenue/employee £75.9k
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 to29 Sep 202328 Sep 202429 Sep 202428 Sep 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£32.8m£35.5m£35.5m£36.8m
Cost of sales−£18.9m−£20.2m−£20.2m−£23.1m
Gross profit£13.9m£15.3m£15.3m£13.7m
Operating profit£8.1m£10.1m£10.1m£8.6m
Profit before tax£7.3m£9.9m£9.9m£8.9m
Profit after tax£5.8m£7.5m£7.5m£6.7m
Profit (best available)£5.8m£7.5m£7.5m£6.7m
Employees (average)457468468485
Ratios
Profit margin17.6%21.1%21.1%18.2%
Gross margin42.3%43.2%43.2%37.1%
Revenue per employee£71.9k£75.9k£75.9k£75.9k
Profit per employee£12.7k£16k£16k£13.8k
Growth (year on year)
Revenue growth—▲8.1%—▲3.6%
Profit growth—▲29.2%—▼10.3%
Headcount growth—▲2.4%—▲3.6%
Balance sheet — indirect signals, not revenue
Net assets————
SourceAccounts · bulk data Jul 2025Accounts · bulk data Jul 2026Accounts · bulk data Jul 2025Accounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
18.2%
Profit ÷ revenue.
Gross margin
37.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£75.9k
Revenue ÷ average employees.
Profit per employee
£13.8k
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
—
Now —
Cash at bank
—
Now —
Headcount
▲4%
Now 485
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Subsidiaries (2)

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

Sources

Latest figures from accounts for the year to 28 Sep 2025 (profit £6.7m), from the Companies House accounts bulk data published Jul 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.