How much does Microstate Limited make?

Microstate Limited reported revenue of £12k and £4k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Microstate Limited have?

Microstate Limited reported an average of 2 employees in the year to 31 Dec 2023.

Is Microstate Limited profitable?

Yes — Microstate Limited reported a profit of £4k in the year to 31 Dec 2023.

Company No. 01403697

Microstate LimitedDissolved

Registered name: MICROSTATE LIMITED

Microstate Limited made £12k revenue and £4k profit in the year to 31 Dec 2023.

Microstate Limited’s revenue fell 4% to £12k in the year to 31 Dec 2023, with £4k profit and 2 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Last filed accounts · year to 31 Dec 2023

Key figures

IndependentSmall team

Revenue

£12k

Growth ▼3.7%

Profit

£4k

Growth —

Profit margin

33.7%

Employees

Change —

Profit / employee

£2k

Revenue/employee £6k

Profitable streak

1yr

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 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£12.5k	£12k
Profit after tax	−£2.8k	£4k
Profit (best available)	−£2.8k	£4k
Employees (average)	—	2
Ratios
Profit margin	−22.1%	33.7%
Revenue per employee	—	£6k
Profit per employee	—	£2k
Growth (year on year)
Revenue growth	—	▼3.7%
Balance sheet — indirect signals, not revenue
Net assets	£166k	£12.4k
Fixed assets	£155k	—
Current assets	£10.9k	£12.4k
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024

Derived from the latest filing

How the business works

Profit margin: 33.7%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £6k; Revenue ÷ average employees.
Profit per employee: £2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: ▼92%; Now £12.4k
Cash at bank: —; Now —
Headcount: —; Now 2
Deferred income: —; Now —
Fixed assets: —; Now —

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £4k), from the Companies House accounts bulk data published Feb 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.