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).

Client Activity Drives Revenue Growth

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.

“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.