North Capital Management Limited
Registered name: NORTH CAPITAL MANAGEMENT LIMITED
North Capital Management Limited made £1.9m revenue and £283k profit in the year to 31 Dec 2023. read from filing text
North Capital Management Limited’s revenue grew 23% to £1.9m in the year to 31 Dec 2023, with £283k profit and 11 employees. The company is classified under “activities auxiliary to financial intermediation” and is based in Edinburgh; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Edinburgh, Scotland
- Age
- 11 yrs · since 2015
- 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.
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 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £1.6m | £1.9m |
| Cost of sales | £30 | £8 |
| Gross profit | £1.6m | £1.9m |
| Operating profit | £379k | £379k |
| Profit before tax | £380k | £381k |
| Profit after tax | £301k | £283k |
| Profit (best available) | £301k | £283k |
| Staff costs | £799k | £902k |
| Employees (average) | 11 | 11 |
| Ratios | ||
| Profit margin | 19.2% | 14.8% |
| Gross margin | 100% | 100% |
| Revenue per employee | £142k | £175k |
| Profit per employee | £27.4k | £25.8k |
| Cash conversion | −102.5% | −134.8% |
| Growth (year on year) | ||
| Revenue growth | — | ▲22.6% |
| Profit growth | — | ▼5.9% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £446k | £566k |
| Net assets | £541k | £554k |
| Fixed assets | £91.6k | £5.9k |
| Current assets | £809k | £1m |
| Debtors | £274k | £375k |
| Deferred income | £126k | £214k |
| Cash from operations | −£389k | −£511k |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 |
How the business works
- Profit margin
- 14.8%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £175k
- Revenue ÷ average employees.
- Profit per employee
- £25.8k
- Profit ÷ average employees.
- Cash conversion
- −134.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 11.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 19.5%
- 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 £554k
- Cash at bank
- ▲27%
- Now £566k
- Headcount
- 0%
- Now 11
- Deferred income
- ▲70%
- Now £214k
- Fixed assets
- ▼94%
- Now £5.9k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £283k), from the Companies House accounts bulk data published Apr 2024. 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.