Noor Capital UK Limited, an FCA-authorised matched principal intermediary, reported a dramatic collapse in business activity for the financial year ended 31 March 2026, with revenue falling 83% to £261,473 from £1.51 million in the prior year. The company swung to a post-tax loss of £297,054, compared with a profit of £232,230 in 2025.
- Revenue: £261,473 (-83% year-over-year)
- Operating Loss: £373,880 (vs. £303,960 profit prior year)
- Profit Before Tax: £373,880 loss (vs. £309,056 profit prior year)
- Net Profit After Tax: £297,054 loss (vs. £232,230 profit prior year)
- Equity Shareholders’ Funds: £965,695 (-24% to prior year £1.26 million)
- Average Headcount: 3 employees (2 management, 1 administration)
- Dividends: None declared
The Sharp contraction reflects what the board characterized as a “challenging trading period.” Cash reserves declined to £830,472 from £1.72 million, while current assets fell to £2.04 million from £3.31 million. Administrative expenses remained relatively flat at £435,452, down marginally from £497,323.
Despite the poor performance, directors expressed confidence in turnaround prospects. The board stated it “remains highly confident in the company’s prospects” and cited “strategic initiatives and actions undertaken” to support recovery. The company maintained its FCA authorisation throughout the reporting period and continues to operate from its Mayfair, London headquarters.
No capital injections were made during the year. The company holds 100,000 ordinary shares with a par value of £10 each, unchanged from the prior year. The loss reflects operational headwinds in the matched principal intermediary sector, though the board has implemented further efficiency measures to enhance operational discipline and resource utilisation.
