How much does Nicholsons Sealing Technologies Limited make?

Nicholsons Sealing Technologies Limited reported revenue of £14.2m and £1.9m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Nicholsons Sealing Technologies Limited have?

Nicholsons Sealing Technologies Limited reported an average of 120 employees in the year to 31 Mar 2025.

Is Nicholsons Sealing Technologies Limited profitable?

Yes — Nicholsons Sealing Technologies Limited reported a profit of £1.9m in the year to 31 Mar 2025.

Company No. 00188150 · Incorporated 28 Feb 1923

Nicholsons Sealing Technologies Limited

Registered name: NICHOLSONS SEALING TECHNOLOGIES LIMITED

Part of Nicholsons Group Limited group

Nicholsons Sealing Technologies Limited made £14.2m revenue and £1.9m profit in the year to 31 Mar 2025.

Nicholsons Sealing Technologies Limited’s revenue grew 1% to £14.2m in the year to 31 Mar 2025, with £1.9m profit and 120 employees. The company is classified under “other manufacturing” and is based in Stanley; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 32990Other manufacturing n.e.c.

Status: Active
Location: Stanley, North East
Age: 103 yrs · since 1923
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. From the filing: “The company is controlled by its ultimate parent undertaking, Nicholsons Group Limited.”

Latest accounts · year to 31 Mar 2025

Key figures

Cash flow filed

Revenue

£14.2m

Growth ▲1.3%

Profit

£1.9m

Growth ▼10.9%

Profit margin

13.4%

Gross 52.5%

Employees

120

Change ▲2.6%

Profit / employee

£15.8k

Revenue/employee £118k

Profitable streak

3yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£13.2m	£14m	£14.2m
Cost of sales	£6.1m	£6.3m	£6.7m
Gross profit	£7.1m	£7.7m	£7.4m
Operating profit	£2.8m	£2.8m	£2.5m
Profit before tax	£2.8m	£2.8m	£2.5m
Profit after tax	£2.2m	£2.1m	£1.9m
Profit (best available)	£2.2m	£2.1m	£1.9m
Staff costs	£3.8m	£4.3m	£4.7m
Employees (average)	114	117	120
Ratios
Profit margin	16.9%	15.2%	13.4%
Gross margin	54%	54.9%	52.5%
Revenue per employee	£116k	£120k	£118k
Profit per employee	£19.6k	£18.2k	£15.8k
Cash conversion	100.6%	92.4%	170.6%
Growth (year on year)
Revenue growth	—	▲5.9%	▲1.3%
Profit growth	—	▼4.4%	▼10.9%
Headcount growth	—	▲2.6%	▲2.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.6m	£1.2m	£2.6m
Net assets	£5.7m	£5.8m	£5.8m
Fixed assets	£4m	£3.8m	£3.9m
Current assets	£8.6m	£8.4m	£10m
Debtors	£4m	£3.4m	£3.3m
Deferred income	£140k	£129k	£174k
Cash from operations	£2.8m	£2.5m	£4.2m
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 13.4%; Profit ÷ revenue.
Gross margin: 52.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £118k; Revenue ÷ average employees.
Profit per employee: £15.8k; Profit ÷ average employees.
Cash conversion: 170.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 27.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 23.2%; 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: ▲0%; Now £5.8m
Cash at bank: ▲111%; Now £2.6m
Headcount: ▲3%; Now 120
Deferred income: ▲35%; Now £174k
Fixed assets: ▲3%; Now £3.9m

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

Nicholsons Group Limitedultimate parent75–100%
Nicholsons Sealing Technologies Limitedthis company

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

Subsidiaries (1)

Nicholson's Aircraft Seals LimitedFigures not disclosed

Sister companies (3)

Nicholson Seals LimitedFigures not disclosed
Nicholsons Global LimitedFigures not disclosed
Nicholsons Int LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.9m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 11 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.