North East Interiors (Scotland) Ltd
Registered name: NORTH EAST INTERIORS (SCOTLAND) LTD
North East Interiors (Scotland) Ltd made £1.7m revenue and £13.7k profit in the year to 31 Mar 2023.
North East Interiors (Scotland) Ltd’s revenue grew 29% to £1.7m in the year to 31 Mar 2023, with £13.7k profit and 10 employees. The company is classified under “retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store” and is based in Edinburgh; we hold 2 years of its filed accounts.
- Status
- Liquidation
- Location
- Edinburgh, Scotland
- Age
- 5 yrs · since 2021
- 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 Mar 2022 | 31 Mar 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £1.3m | £1.7m |
| Cost of sales | £1m | £1.3m |
| Gross profit | £303k | £408k |
| Operating profit | £55.6k | £17.4k |
| Profit before tax | £51.6k | £17.4k |
| Profit after tax | £47.2k | £13.7k |
| Profit (best available) | £47.2k | £13.7k |
| Employees (average) | 7 | 10 |
| Ratios | ||
| Profit margin | 3.5% | 0.8% |
| Gross margin | 22.6% | 23.7% |
| Revenue per employee | £192k | £172k |
| Profit per employee | £6.7k | £1.4k |
| Growth (year on year) | ||
| Revenue growth | — | ▲28.5% |
| Profit growth | — | ▼71% |
| Headcount growth | — | ▲42.9% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £215k | £139k |
| Net assets | £33.3k | £28.5k |
| Fixed assets | £20.9k | £17.9k |
| Current assets | £297k | £252k |
| Debtors | £43.3k | £66.4k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 |
How the business works
- Profit margin
- 0.8%
- Profit ÷ revenue.
- Gross margin
- 23.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £172k
- Revenue ÷ average employees.
- Profit per employee
- £1.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.9%
- 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
- ▼14%
- Now £28.5k
- Cash at bank
- ▼35%
- Now £139k
- Headcount
- ▲43%
- Now 10
- Deferred income
- —
- Now —
- Fixed assets
- ▼15%
- Now £17.9k
Similar profitable businesses
- Emma Sleep UK LimitedLondon · Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
- Revenue
- £1.8m
- Profit
- £96k
- Staff
- 6
- CSH Bathrooms LimitedHalifax · Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
- Revenue
- £1.3m
- Profit
- £264k
- Staff
- 4
- Litmus Furniture LimitedDoncaster · Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
- Revenue
- £1.2m
- Profit
- £453k
- Staff
- 4
- Carl Hansen & Son UK LimitedLondon · Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
- Revenue
- £1.2m
- Profit
- £56.4k
- Staff
- 9
- Rimadesio UK LtdLondon · Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
- Revenue
- £2.7m
- Profit
- £287k
- Staff
- 4
- Natuzzi Services LimitedLondon · Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
- Revenue
- £3.8m
- Profit
- £237k
- Staff
- 15
Sources
Latest figures from FullAccounts for the year to 31 Mar 2023 (profit £13.7k), from the Companies House accounts bulk data published Nov 2023. 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.