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Company No. 08695446 · Incorporated 18 Sep 2013

Napit Holdings Limited

Registered name: NAPIT HOLDINGS LIMITED

Part of Tic Pledgeco Limited group

Napit Holdings Limited made £3.9m profit in the year to 31 Dec 2023 (revenue not disclosed).

Napit Holdings Limited reported £3.9m profit in the year to 31 Dec 2023; its revenue was not disclosed. It had 122 employees. The company is classified under “activities of head offices” and is based in Mansfield; we hold 2 years of its filed accounts.

Profit onlySection M · Professional, scientific and technical activitiesSIC 70100Activities of head offices
Status
Active
Location
Mansfield, East Midlands
Age
13 yrs · since 2013
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.

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 Dec 2023

Key figures

Revenue
—
Not disclosed in filing
Profit
£3.9m
Growth —
Profit margin
—
 
Employees
122
Change —
Profit / employee
£32k
 
Profitable streak
2yrs
Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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 Dec 202231 Dec 2023
DisclosureProfit onlyProfit only
Profit & loss
Revenue (turnover)——
Profit after tax£5.6m£3.9m
Profit (best available)£5.6m£3.9m
Employees (average)—122
Ratios
Profit margin——
Profit per employee—£32k
Balance sheet — indirect signals, not revenue
Cash at bank£7.9k£41.5k
Net assets£812k£1m
Fixed assets£3.5m£3.5m
Current assets£4.7m£10.4m
Debtors£4.7m£10.4m
Deferred income£64.3k£35.4k
SourceFullAccounts · bulk data Aug 2024FullAccounts · bulk data Aug 2024
Derived from the latest filing

How the business works

Profit margin
—
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
£32k
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 £1m
Cash at bank
—
Now £41.5k
Headcount
—
Now 122
Deferred income
—
Now £35.4k
Fixed assets
—
Now £3.5m

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. Tic Pledgeco Limitedultimate parent75–100%
  2. Tic Bidco Limited75–100%
  3. Puma Topco Limited75–100%
  4. Puma Bidco Limited75–100%
  5. Phenna Group Topco Limited75–100%
  6. Phenna Group Midco 1 Limited75–100%
  7. Phenna Group Midco 2 Limited75–100%
  8. Phenna Group Holdings Limited75–100%
  9. Nap Topco Limited75–100%
  10. Nap Bidco Limited75–100%
  11. Napit Holdings Limitedthis company

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

Subsidiaries (8)

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

Sources

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £3.9m), from the Companies House accounts bulk data published Aug 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.