How much does A 2 C Services Limited make?

A 2 C Services Limited reported revenue of £21.9m and a loss of £2.2m in the year to 30 Sep 2023, according to its accounts filed at Companies House.

How many employees does A 2 C Services Limited have?

A 2 C Services Limited reported an average of 31 employees in the year to 30 Sep 2023.

Is A 2 C Services Limited profitable?

No — A 2 C Services Limited reported a loss of £2.2m in the year to 30 Sep 2023.

Company No. 03434393 · Incorporated 15 Sep 1997

A 2 C Services Limited

Registered name: A 2 C SERVICES LIMITED

Part of Atoc Hol Limited group

A 2 C Services Limited made £21.9m revenue and a £2.2m loss in the year to 30 Sep 2023.

A 2 C Services Limited’s revenue grew 15% to £21.9m in the year to 30 Sep 2023, with a loss of £2.2m and 31 employees. The company is classified under “other information technology service activities” and is based in Portsmouth; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62090Other information technology service activities

Status: Active
Location: Portsmouth, South East
Age: 29 yrs · since 1997
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.

Latest accounts · year to 30 Sep 2023

Key figures

Capital-lightDoing more with less

Revenue

£21.9m

Growth ▲15.2%

Profit

−£2.2m

Growth —

Profit margin

−9.8%

Gross 3.5%

Employees

Change ▼49.2%

Profit / employee

−£69.7k

Revenue/employee £707k

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	30 Sep 2022	30 Sep 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£19m	£21.9m
Cost of sales	£18.2m	£21.2m
Gross profit	£851k	£766k
Operating profit	−£2.1m	−£2.1m
Profit before tax	−£2.1m	−£2.2m
Profit after tax	−£2.1m	−£2.2m
Profit (best available)	−£2.1m	−£2.2m
Staff costs	£2.6m	£1.5m
Employees (average)	61	31
Ratios
Profit margin	−11%	−9.8%
Gross margin	4.5%	3.5%
Revenue per employee	£312k	£707k
Profit per employee	−£34.3k	−£69.7k
Growth (year on year)
Revenue growth	—	▲15.2%
Headcount growth	—	▼49.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£27.3k	£66.7k
Net assets	£8.9m	£6.8m
Fixed assets	£283k	£224k
Current assets	£11.8m	£9.4m
Debtors	£376k	£1.5m
Deferred income	£51k	£72.6k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024

Derived from the latest filing

How the business works

Profit margin: −9.8%; Profit ÷ revenue.
Gross margin: 3.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £707k; Revenue ÷ average employees.
Profit per employee: −£69.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6.8%; 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: ▼24%; Now £6.8m
Cash at bank: ▲144%; Now £66.7k
Headcount: ▼49%; Now 31
Deferred income: ▲42%; Now £72.6k
Fixed assets: ▼21%; Now £224k

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

Corporate ownership

Group structure

Ownership chain

Atoc Hol Limitedultimate parent75–100%
A 2 C Holdings Limited75–100%
A 2 C Services Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2023 (profit −£2.2m), from the Companies House accounts bulk data published Jun 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.