How much does Local Telecom Service Limited make?

Local Telecom Service Limited reported revenue of £92.7k and a loss of £295 in the year to 31 Oct 2023, according to its accounts filed at Companies House.

How many employees does Local Telecom Service Limited have?

Local Telecom Service Limited reported an average of 1 employee in the year to 31 Oct 2023.

Is Local Telecom Service Limited profitable?

No — Local Telecom Service Limited reported a loss of £295 in the year to 31 Oct 2023.

Company No. 02721073

Local Telecom Service LimitedDissolved

Registered name: LOCAL TELECOM SERVICE LIMITED

Local Telecom Service Limited made £92.7k revenue and a £295 loss in the year to 31 Oct 2023.

Local Telecom Service Limited’s revenue fell 17% to £92.7k in the year to 31 Oct 2023, with a loss of £295 and 1 employee. 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 Oct 2023

Key figures

IndependentSmall team

Revenue

£92.7k

Growth ▼17.2%

Profit

−£295

Growth —

Profit margin

−0.3%

Gross 0.1%

Employees

Change ▼66.7%

Profit / employee

−£295

Revenue/employee £92.7k

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 Oct 2022	31 Oct 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£112k	£92.7k
Cost of sales	£112k	£92.7k
Gross profit	−£397	£47
Operating profit	−£13.2k	−£295
Profit after tax	−£10.1k	−£295
Profit (best available)	−£10.1k	−£295
Employees (average)	3	1
Ratios
Profit margin	−9%	−0.3%
Gross margin	−0.4%	0.1%
Revenue per employee	£37.3k	£92.7k
Profit per employee	−£3.4k	−£295
Growth (year on year)
Revenue growth	—	▼17.2%
Headcount growth	—	▼66.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£6.4k	£458
Net assets	−£25k	−£25.3k
Current assets	£8.4k	£2.4k
Debtors	£1.9k	£1.9k
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024

Derived from the latest filing

How the business works

Profit margin: −0.3%; Profit ÷ revenue.
Gross margin: 0.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £92.7k; Revenue ÷ average employees.
Profit per employee: −£295; 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: 2.1%; 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: —; Now −£25.3k
Cash at bank: ▼93%; Now £458
Headcount: ▼67%; Now 1
Deferred income: —; Now —
Fixed assets: —; Now —

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2023 (profit −£295), 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.