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Company No. SC633398 · Incorporated 14 Jun 2019

Nexos Solutions Limited

Registered name: NEXOS SOLUTIONS LIMITED

Part of D2zero Limited group

Nexos Solutions Limited made £93m revenue and £2m profit in the year to 31 Mar 2024.

Nexos Solutions Limited’s revenue fell 6% to £93m in the year to 31 Mar 2024, with £2m profit and 507 employees. The company is classified under “other business support service activities” and is based in Aberdeen; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.
Status
Active
Location
Aberdeen, Scotland
Age
7 yrs · since 2019
Type
Private Limited Company

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.

Latest accounts · year to 31 Mar 2024

Key figures

Young and profitable
Revenue
£93m
Growth ▼6.3%
Profit
£2m
Growth ▼29.4%
Profit margin
2.2%
Gross 15.2%
Employees
507
Change ▼2.9%
Profit / employee
£4k
Revenue/employee £183k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202331 Mar 2024
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£99.2m£93m
Cost of sales£84.5m£78.9m
Gross profit£14.7m£14.1m
Operating profit£3.5m£3.7m
Profit before tax£3.5m£3.5m
Profit after tax£2.9m£2m
Profit (best available)£2.9m£2m
Staff costs£32.8m£43.8m
Employees (average)522507
Ratios
Profit margin2.9%2.2%
Gross margin14.8%15.2%
Revenue per employee£190k£183k
Profit per employee£5.5k£4k
Growth (year on year)
Revenue growth—▼6.3%
Profit growth—▼29.4%
Headcount growth—▼2.9%
Balance sheet — indirect signals, not revenue
Cash at bank£5.4m£2.5m
Net assets£7.1m£9.1m
Fixed assets£11.1m£11.8m
Current assets£30.6m£33.5m
Debtors£8.2m£11m
Deferred income£8.8m£12.9m
SourceFullAccounts · bulk data Dec 2025FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
2.2%
Profit ÷ revenue.
Gross margin
15.2%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£183k
Revenue ÷ average employees.
Profit per employee
£4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
12.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
13.9%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
11.8%
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
▲28%
Now £9.1m
Cash at bank
▼54%
Now £2.5m
Headcount
▼3%
Now 507
Deferred income
▲47%
Now £12.9m
Fixed assets
▲7%
Now £11.8m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. D2zero Limitedultimate parent75–100%
  2. Buchan 1 Limited75–100%
  3. Nexos Group Limited75–100%
  4. Jigsaw Topco Limited75–100%
  5. Jigsaw Bidco Limited75–100%
  6. Nexos Solutions Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (2)

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

Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £2m), 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.