⚡ Noor Capital UK Turnover Falls 83% in 2025 as Broker Swings to Annual Loss

FXnCO BREAKING NEWS

Noor Capital UK Limited has suffered a dramatic collapse, with turnover plunging 83 percent to just £261,473 in the year ending March 31, down from £1.51 million previously. The FCA-regulated broker swung to a post-tax loss of £297,054 from a £232,230 profit the prior year, with cost of sales exceeding total revenue. Cash reserves halved to £830,472 as operating activities consumed nearly £900,000. Shareholders’ funds fell below the £1 million share capital mark, leaving reserves in negative territory at minus £34,305.

The accounts filed with Companies House offer no explanation for the commission income collapse at the matched principal intermediary, citing only vague references to challenging trading conditions. The entity previously operated as House of Borse and had posted profits in its two preceding reporting periods. The dramatic downturn comes as UK brokers report mixed fortunes this filing season, with competitors like Global Markets Group rebounding while Swissquote UK required a £5 million parent company injection.

FXnCO Insight

Traders using Noor Capital UK should immediately verify account protections and consider alternative liquidity providers given the broker’s deteriorating financial position and unexplained revenue collapse.

Source: Finance Magnates