How many employees does Used Cars Ni Ltd have?

Used Cars Ni Ltd reported an average of 23 employees in the year to 31 Mar 2025.

Is Used Cars Ni Ltd profitable?

Yes — Used Cars Ni Ltd reported a profit of £3.7m in the year to 31 Mar 2025.

Company No. NI062213 · Incorporated 13 Dec 2006

Used Cars Ni Ltd

Registered name: USED CARS NI LTD

Used Cars Ni Ltd made £3.7m profit in the year to 31 Mar 2025 (revenue not disclosed).

Used Cars Ni Ltd reported £3.7m profit in the year to 31 Mar 2025, up 24% on the year before; its revenue was not disclosed. It had 23 employees. The company is classified under “other software publishing” and is based in Belfast; we hold 3 years of its filed accounts.

Profit onlySection J · Information and communicationSIC 58290Other software publishing

Status: Active
Location: Belfast, Northern Ireland
Age: 19 yrs · since 2006
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 31 Mar 2025

Key figures

Revenue

—

Not disclosed in filing

Profit

£3.7m

Growth ▲23.5%

Profit margin

—

Employees

Change ▲4.5%

Profit / employee

£160k

Profitable streak

3yrs

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Profit only	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—	—
Profit before tax	£3.2m	£3m	£3.7m
Profit (best available)	£3.2m	£3m	£3.7m
Employees (average)	15	22	23
Ratios
Profit margin	—	—	—
Profit per employee	£213k	£135k	£160k
Growth (year on year)
Profit growth	—	▼6.8%	▲23.5%
Headcount growth	—	▲46.7%	▲4.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.5m	£187k	£469k
Net assets	£4.3m	£3.7k	£1.9m
Fixed assets	£12.6k	£19.1k	£15.6k
Current assets	£5.7m	£1.9m	£4.3m
Debtors	£423k	£463k	£434k
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Nov 2025

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: £160k; 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: ▲50158%; Now £1.9m
Cash at bank: ▲150%; Now £469k
Headcount: ▲5%; Now 23
Deferred income: —; Now —
Fixed assets: ▼18%; Now £15.6k

Corporate ownership

Group structure

Ownership chain

DH Partners Ni Ltdultimate parent75–100%
Used Cars Ni Ltdthis company

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

Sister companies (1)

Propertypal LimitedFigures not disclosed

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £3.7m), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.

Updated from Companies House on 25 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.