Sunray Engineering Group LimitedDissolved
Sunray Engineering Group Limited made £15m revenue and £351k profit in the year to 24 Jul 2023. read from filing text
Sunray Engineering Group Limited’s revenue grew 24% to £15m in the year to 24 Jul 2023, with £351k profit and 82 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jul 2022 | 24 Jul 2023 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £12.1m | £15m |
| Cost of sales | £5.1m | £6.4m |
| Gross profit | £7m | £8.6m |
| Operating profit | £2.5m | £754k |
| Profit before tax | £2.5m | £787k |
| Profit after tax | £2.1m | £351k |
| Profit (best available) | £2.1m | £351k |
| Employees (average) | 67 | 82 |
| Ratios | ||
| Profit margin | 17.5% | 2.3% |
| Gross margin | 57.6% | 57.1% |
| Revenue per employee | £181k | £183k |
| Profit per employee | £31.7k | £4.3k |
| Growth (year on year) | ||
| Revenue growth | — | ▲23.9% |
| Profit growth | — | ▼83.5% |
| Headcount growth | — | ▲22.4% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £3.6k | £3.5k |
| Net assets | £324k | £1.4m |
| Fixed assets | £921k | £921k |
| Current assets | £3.6k | £490k |
| Debtors | £0 | £0 |
| Deferred income | £0 | £0 |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 |
How the business works
- Profit margin
- 2.3%
- Profit ÷ revenue.
- Gross margin
- 57.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £183k
- Revenue ÷ average employees.
- Profit per employee
- £4.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▲335%
- Now £1.4m
- Cash at bank
- ▼2%
- Now £3.5k
- Headcount
- ▲22%
- Now 82
- Deferred income
- —
- Now £0
- Fixed assets
- 0%
- Now £921k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Sources
Latest figures from FullAccounts for the year to 24 Jul 2023 (profit £351k), from the Companies House accounts bulk data published Apr 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.