Nl Group Limited

Active04295083Admin & support servicesIncorporated 27 Sept 2001 · Hull

The principal activity of the Company in the year under review was the provision of complex care services for people in their own homes, and the supply of staff to publicly and privately funded acute healthcare settings. The results of the Company for the year are detailed in the attached financial statements. The directors are pleased with the performance of the Company in the year which generated turnover of £18,264,059 and profit before tax of £4,704,691. The directors are proud of the care the Company has provided for service users and patients. The Company has continued to invest in training and recruitment, and it has strengthened its management team. The key financial performance indicators were as follows: Turnover £18,264,059 (2022: £16,185,359) Gross profit £7,066,382 (2022: £6,965,563) Operating profit £4,657,124 (2022: £5,341,209) Cash at bank and on hand £7,485,038 (2022: £5,037,514) Average number of employees 248 (2022: 209) Environment The Company is committed to minimising its environmental impact and has adopted a carbon reduction plan. Employees The directors recognise the importance of investing in the Company's employees through training and the acquisition of relevant qualifications. Employee engagement is of critical importance and is encouraged through a number of formal and informal channels. The Company has a flat management structure and approachable senior leaders. Applications for employment by people with disabilities are always fully considered, bearing in mind the aptitudes of the applicant concerned and the requirements of the role applied for. In the event that staff members might become disabled the Company will make every effort to ensure that the person can remain in employment with the Company.

Revenue

£18.3m

▲ +12.8% vs prior ~12m period

Profit after tax

£3.6m

Margin 25.5%

Employees

248

▲ +18.7% vs prior ~12m period

Net assets

£10.9m

Total assets £12.2m

Financial history

Revenue by accounting period

4 periods available · ▲ growth ▼ decline

Sept 2020
Not available
Sept 2021
Not available
Sept 2022
£16.2m
Sept 2023
£18.3m▲ +12.8%
Period endRevenueGrowthProfit before taxEmployeesNet assets
30 Sept 2023£18.3m▲ +12.8%£4.7m248£10.9m
30 Sept 2022£16.2m—£5.3m209£7.4m
30 Sept 2021———114£3.4m
30 Sept 2020———100£1.7m

Latest available figures

Period ending 30 Sept 2023. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

These are the most recent accounts available to us; more recent accounts may exist at Companies House.

Profit & loss

Revenue
£18.3m
Gross profit
£7.1m
Operating profit
£4.7m
Profit before tax
£4.7m
Profit after tax
£3.6m

Balance sheet

Total assets
£12.2m
Cash
£7.5m
Total liabilities
£1.2m
Net assets
£10.9m
Revenue per employee
£74k

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