How much does Tge Realisations 2024 Limited make?

Tge Realisations 2024 Limited reported revenue of £10.4m and a loss of £293k in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does Tge Realisations 2024 Limited have?

Tge Realisations 2024 Limited reported an average of 104 employees in the year to 31 Dec 2022.

Is Tge Realisations 2024 Limited profitable?

No — Tge Realisations 2024 Limited reported a loss of £293k in the year to 31 Dec 2022.

Company No. 01099738 · Incorporated 1 Mar 1973

Tge Realisations 2024 Limited

Registered name: TGE REALISATIONS 2024 LIMITED

Tge Realisations 2024 Limited made £10.4m revenue and a £293k loss in the year to 31 Dec 2022.

Tge Realisations 2024 Limited’s revenue fell 4% to £10.4m in the year to 31 Dec 2022, with a loss of £293k and 104 employees. The company is classified under “repair of other equipment” and is based in Exeter; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 33190Repair of other equipment SIC 33200Installation of industrial machinery and equipment SIC 46690Wholesale of other machinery and equipment

Status: Liquidation
Location: Exeter, South West
Age: 53 yrs · since 1973
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Werther International SpA”

Latest accounts · year to 31 Dec 2022

Key figures

Capital-light

Revenue

£10.4m

Growth ▼3.7%

Profit

−£293k

Growth —

Profit margin

−2.8%

Gross 57.1%

Employees

104

Change ▲4%

Profit / employee

−£2.8k

Revenue/employee £100k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£10.8m	£10.4m
Cost of sales	£5m	£4.5m
Gross profit	£5.8m	£6m
Operating profit	−£1.5m	£59.4k
Profit before tax	−£1.9m	−£132k
Profit after tax	−£1.9m	−£293k
Profit (best available)	−£1.9m	−£293k
Staff costs	£3.5m	£3.7m
Employees (average)	100	104
Ratios
Profit margin	−17.3%	−2.8%
Gross margin	53.6%	57.1%
Revenue per employee	£108k	£100k
Profit per employee	−£18.8k	−£2.8k
Growth (year on year)
Revenue growth	—	▼3.7%
Headcount growth	—	▲4%
Balance sheet — indirect signals, not revenue
Cash at bank	£48.8k	£281k
Net assets	£811k	£518k
Fixed assets	£424k	£288k
Current assets	£3.4m	£3.4m
Debtors	£1.1m	£1.2m
Deferred income	£732k	£698k
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024

Derived from the latest filing

How the business works

Profit margin: −2.8%; Profit ÷ revenue.
Gross margin: 57.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £100k; Revenue ÷ average employees.
Profit per employee: −£2.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.1%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▼36%; Now £518k
Cash at bank: ▲476%; Now £281k
Headcount: ▲4%; Now 104
Deferred income: ▼5%; Now £698k
Fixed assets: ▼32%; Now £288k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2022 (profit −£293k), from the Companies House accounts bulk data published May 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.