Wingreach Limited
Registered name: WINGREACH LIMITED
Wingreach Limited made £4.2k revenue and a £33.6k loss in the year to 31 Dec 2022.
Wingreach Limited’s revenue fell 99% to £4.2k in the year to 31 Dec 2022, with a loss of £33.6k and 0 employees. The company is classified under “residential care activities for learning difficulties, mental health and substance abuse” and is based in Woking; we hold 2 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Woking, South East
- Age
- 33 yrs · since 1992
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £665k | £4.2k |
| Cost of sales | £829k | — |
| Gross profit | −£164k | £4.2k |
| Operating profit | −£250k | −£26.9k |
| Profit before tax | −£447k | −£33.6k |
| Profit (best available) | −£447k | −£33.6k |
| Employees (average) | 25 | 0 |
| Ratios | ||
| Profit margin | −67.2% | −792.7% |
| Gross margin | −24.7% | 100% |
| Revenue per employee | £26.6k | — |
| Profit per employee | −£17.9k | — |
| Growth (year on year) | ||
| Revenue growth | — | ▼99.4% |
| Headcount growth | — | ▼100% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £660k | £631k |
| Fixed assets | £680k | £668k |
| Current assets | £1.5m | £311k |
| Debtors | £17.6k | £301k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 |
How the business works
- Profit margin
- −792.7%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 15749%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7095%
- Money owed by customers. Low = customers pay quickly.
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
- ▼4%
- Now £631k
- Cash at bank
- —
- Now —
- Headcount
- ▼100%
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼2%
- Now £668k
Sources
Latest figures from accounts for the year to 31 Dec 2022 (profit −£33.6k), from the Companies House accounts bulk data published Dec 2023. 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.