Skip to content
CompanySight
Company No. 09319409 · Incorporated 19 Nov 2014

Nowell Limited

Registered name: NOWELL LIMITED

Nowell Limited made £32.8m revenue and £1.2m profit in the year to 31 Jan 2025.

Nowell Limited’s revenue fell 2% to £32.8m in the year to 31 Jan 2025, with £1.2m profit and 72 employees. The company is classified under “other retail sale not in stores, stalls or markets” and is based in Leeds; we hold 4 years of its filed accounts.

Status
Active
Location
Leeds
Age
11 yrs · since 2014
Type
Private Limited Company
Latest accounts · year to 31 Jan 2025

Key figures

Revenue
£32.8m
Growth ▼1.7%
Profit
£1.2m
Growth ▼11.3%
Profit margin
3.8%
Gross 9.4%
Employees
72
Change ▼4%
Profit / employee
£17.1k
Revenue/employee £456k
Profitable streak
4yrs
Consecutive profitable years in our data
4 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Jan 202330 Jan 202431 Jan 202431 Jan 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£35.7m£33.4m£33.4m£32.8m
Cost of sales−£32.6m−£30.1m−£30.1m−£29.7m
Gross profit£3.1m£3.3m£3.3m£3.1m
Operating profit£1.9m£1.9m£1.9m£1.6m
Profit before tax£1.9m£1.9m£1.9m£1.7m
Profit after tax£1.6m£1.4m£1.4m£1.2m
Profit (best available)£1.6m£1.4m£1.4m£1.2m
Employees (average)76747572
Ratios
Profit margin4.4%4.3%4.2%3.8%
Gross margin8.7%9.9%9.9%9.4%
Revenue per employee£470k£451k£445k£456k
Profit per employee£20.7k£19.3k£18.5k£17.1k
Growth (year on year)
Revenue growth—▼6.4%—▼1.7%
Profit growth—▼9.3%—▼11.3%
Headcount growth—▼2.6%—▼4%
Balance sheet — indirect signals, not revenue
Net assets————
SourceAccounts · bulk data Nov 2024Accounts · bulk data Nov 2024Accounts · bulk data Dec 2025Accounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
3.8%
Profit ÷ revenue.
Gross margin
9.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£456k
Revenue ÷ average employees.
Profit per employee
£17.1k
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
▼4%
Now 72
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Subsidiaries (1)

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

Sources

Latest figures from accounts for the year to 31 Jan 2025 (profit £1.2m), 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.