C.nicol Ltd
Registered name: C.NICOL LTD
C.nicol Ltd made £70k revenue and £5.2k profit in the year to 31 Dec 2024.
C.nicol Ltd’s revenue grew 51% to £70k in the year to 31 Dec 2024, with £5.3k profit and 1 employee. The company is classified under “manufacture of luggage, handbags and the like, saddlery and harness” and is based in Grantown-on-Spey; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Grantown-on-Spey, Scotland
- Age
- 12 yrs · since 2013
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £6.7k | £16.8k | £46.4k | £70k |
| Profit after tax | £8.3k | £11.9k | £19.4k | £5.3k |
| Profit (best available) | £8.3k | £11.9k | £19.4k | £5.3k |
| Staff costs | £12k | £12k | £12k | £12k |
| Employees (average) | — | 1 | 1 | 1 |
| Ratios | ||||
| Profit margin | 123.2% | 70.9% | 41.9% | 7.5% |
| Revenue per employee | — | £16.8k | £46.4k | £70k |
| Profit per employee | — | £11.9k | £19.4k | £5.3k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲149.6% | ▲175.4% | ▲51% |
| Profit growth | — | ▲43.6% | ▲63% | ▼73% |
| Headcount growth | — | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £50.4k | £61k | £28.8k | £34k |
| Fixed assets | £8k | £8k | £12k | £5k |
| Current assets | £49.9k | £65k | £42k | £36k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 7.5%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £70k
- Revenue ÷ average employees.
- Profit per employee
- £5.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 7.1%
- 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.
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
- ▲18%
- Now £34k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▼58%
- Now £5k
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £5.3k), 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.