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Company No. 10415125 · Incorporated 7 Oct 2016

Novicell UK Limited

Registered name: NOVICELL UK LIMITED

Novicell UK Limited made £3.5m revenue and £438k profit in the year to 31 Dec 2025.

Novicell UK Limited’s revenue grew 43% to £3.5m in the year to 31 Dec 2025, with £438k profit and 16 employees. The company is classified under “information technology consultancy activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities
Status
Active
Location
London, London
Age
10 yrs · since 2016
Type
Private Limited Company
Latest accounts · year to 31 Dec 2025

Key figures

IndependentDoing more with less
Revenue
£3.5m
Growth ▲42.9%
Profit
£438k
Growth —
Profit margin
12.4%
Gross 36.5%
Employees
16
Change ▼20%
Profit / employee
£27.4k
Revenue/employee £221k
Profitable streak
1yr
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£3.4m£2.9m£2.5m£3.5m
Cost of sales£2.5m£2.5m£2.1m£2.2m
Gross profit£871k£379k£370k£1.3m
Operating profit£181k−£471k−£169k£682k
Profit before tax£89.9k−£485k−£173k£589k
Profit after tax£115k−£354k−£131k£438k
Profit (best available)£115k−£354k−£131k£438k
Employees (average)30262016
Ratios
Profit margin3.4%−12.3%−5.3%12.4%
Gross margin25.9%13.1%14.9%36.5%
Revenue per employee£112k£111k£124k£221k
Profit per employee£3.8k−£13.6k−£6.5k£27.4k
Growth (year on year)
Revenue growth—▼14.2%▼14.2%▲42.9%
Profit growth—▼407.5%——
Headcount growth—▼13.3%▼23.1%▼20%
Balance sheet — indirect signals, not revenue
Cash at bank£42.8k£68k£207k£156k
Net assets£388k£34.4k−£96.2k£342k
Current assets£1.2m£950k£1m£874k
Debtors£761k£694k£498k£494k
Deferred income£106k£164k£309k£215k
SourceFullAccounts · bulk data Jun 2024FullAccounts · bulk data Jun 2024FullAccounts · bulk data May 2025FullAccounts · bulk data Mar 2026
Derived from the latest filing

How the business works

Profit margin
12.4%
Profit ÷ revenue.
Gross margin
36.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£221k
Revenue ÷ average employees.
Profit per employee
£27.4k
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
6.1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
14%
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 £342k
Cash at bank
▼25%
Now £156k
Headcount
▼20%
Now 16
Deferred income
▼30%
Now £215k
Fixed assets
—
Now —

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £438k), from the Companies House accounts bulk data published Mar 2026. Spotted an error? Request a correction.

Updated from Companies House on 24 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.