How much does NL Group Limited make?

NL Group Limited reported revenue of £16.4m and £3.6m profit in the year to 30 Sep 2024, according to its accounts filed at Companies House.

How many employees does NL Group Limited have?

NL Group Limited reported an average of 255 employees in the year to 30 Sep 2024.

Is NL Group Limited profitable?

Yes — NL Group Limited reported a profit of £3.6m in the year to 30 Sep 2024.

Company No. 04295083 · Incorporated 27 Sep 2001

NL Group Limited

Registered name: NL GROUP LIMITED

Part of NL Group (Holdings) Limited group

NL Group Limited made £16.4m revenue and £3.6m profit in the year to 30 Sep 2024.

NL Group Limited’s revenue fell 10% to £16.4m in the year to 30 Sep 2024, with £3.6m profit and 255 employees. The company is classified under “other activities of employment placement agencies” and is based in Hull; we hold 3 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 78109Other activities of employment placement agencies

Status: Active
Location: Hull, Yorkshire and The Humber
Age: 25 yrs · since 2001
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 30 Sep 2024

Key figures

Capital-lightCash flow filed

Revenue

£16.4m

Growth ▼10.1%

Profit

£3.6m

Growth ▼1.9%

Profit margin

21.6%

Gross 40%

Employees

255

Change ▲2.8%

Profit / employee

£13.9k

Revenue/employee £64.4k

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	30 Sep 2022	30 Sep 2023	30 Sep 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£16.2m	£18.3m	£16.4m
Cost of sales	£9.2m	£11.2m	£9.8m
Gross profit	£7m	£7.1m	£6.6m
Operating profit	£5.3m	£4.7m	£4.5m
Profit before tax	£5.3m	£4.7m	£4.7m
Profit after tax	£4.3m	£3.6m	£3.6m
Profit (best available)	£4.3m	£3.6m	£3.6m
Staff costs	£7.4m	£9m	—
Employees (average)	209	248	255
Ratios
Profit margin	26.7%	19.8%	21.6%
Gross margin	43%	38.7%	40%
Revenue per employee	£77.4k	£73.6k	£64.4k
Profit per employee	£20.7k	£14.6k	£13.9k
Cash conversion	74.1%	77.5%	—
Growth (year on year)
Revenue growth	—	▲12.8%	▼10.1%
Profit growth	—	▼16.2%	▼1.9%
Headcount growth	—	▲18.7%	▲2.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£5m	£7.5m	—
Net assets	£7.4m	£10.9m	—
Fixed assets	£196k	£148k	—
Current assets	£8.4m	£12m	—
Debtors	£2.4m	£1.8m	—
Deferred income	£162k	£278k	—
Cash from operations	£4m	£3.6m	—
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024	Accounts · bulk data Jun 2025

Derived from the latest filing

How the business works

Profit margin: 21.6%; Profit ÷ revenue.
Gross margin: 40%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £64.4k; Revenue ÷ average employees.
Profit per employee: £13.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; 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.

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: —; Now —
Cash at bank: —; Now —
Headcount: ▲3%; Now 255
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

NL Group (Holdings) Limitedultimate parent75–100%
NL Group Limitedthis company

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

Sister companies (1)

NL Supported Living LimitedFigures not disclosed

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 30 Sep 2024 (profit £3.6m), from the Companies House accounts bulk data published Jun 2025. Spotted an error? Request a correction.

Updated from Companies House on 19 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.