Noor Capital UK Limited, formerly known as House of Borse
Limited, has released its financial results for the year ending 31 March 2025.
The report includes figures for the prior reporting period from 1 August 2023
to 31 March 2024.
Noor Capital UK, regulated by the Financial Conduct
Authority in the United Kingdom, was
acquired in March 2023 by UAE-based Noor Capital. The firm now offers
trading services in forex and contracts for differences (CFDs).
The company reported an annual turnover of £1.51 million.
This was up from £1.11 million in the previous period. However, gross profit
rose only slightly to £801,283, compared to £674,951 earlier. The cost of sales
increased to £710,446, reducing the overall margin.
Source: Company Information, UK
“The company’s performance in 2025 reflects a clear
strategic improvement, building on internal restructuring and operational
enhancements. Turnover increased by 36%, driven by higher income from client
trading activity. This growth indicates rising client engagement and an
expanding market share,” The company stated in
their filing.
Revenue Growth Offset by Higher Expenses
Operating profit for the period was £303,960. This marked a
decline from £333,191 in the prior reporting period. Administrative expenses
rose to £497,323, up from £341,760. The increase in expenses contributed to the
drop in operating profit.
Profit before tax stood at £309,056. This was down from
£340,145. After a tax charge of £76,826, the company reported a net profit of
£232,230. In the previous period, net profit had reached £257,320.
There were no other items recorded in the statement of
comprehensive income. As a result, total comprehensive income was equal to net
profit for both reporting periods. The results show that while Noor Capital UK
achieved higher revenue, profitability was impacted by increased costs.
Noor Capital UK Limited, formerly known as House of Borse
Limited, has released its financial results for the year ending 31 March 2025.
The report includes figures for the prior reporting period from 1 August 2023
to 31 March 2024.
Noor Capital UK, regulated by the Financial Conduct
Authority in the United Kingdom, was
acquired in March 2023 by UAE-based Noor Capital. The firm now offers
trading services in forex and contracts for differences (CFDs).
The company reported an annual turnover of £1.51 million.
This was up from £1.11 million in the previous period. However, gross profit
rose only slightly to £801,283, compared to £674,951 earlier. The cost of sales
increased to £710,446, reducing the overall margin.
Source: Company Information, UK
“The company’s performance in 2025 reflects a clear
strategic improvement, building on internal restructuring and operational
enhancements. Turnover increased by 36%, driven by higher income from client
trading activity. This growth indicates rising client engagement and an
expanding market share,” The company stated in
their filing.
Revenue Growth Offset by Higher Expenses
Operating profit for the period was £303,960. This marked a
decline from £333,191 in the prior reporting period. Administrative expenses
rose to £497,323, up from £341,760. The increase in expenses contributed to the
drop in operating profit.
Profit before tax stood at £309,056. This was down from
£340,145. After a tax charge of £76,826, the company reported a net profit of
£232,230. In the previous period, net profit had reached £257,320.
There were no other items recorded in the statement of
comprehensive income. As a result, total comprehensive income was equal to net
profit for both reporting periods. The results show that while Noor Capital UK
achieved higher revenue, profitability was impacted by increased costs.
Source link