How much does Bar 2064 Limited make?

Bar 2064 Limited reported revenue of £116m and a loss of £590k in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Bar 2064 Limited have?

Bar 2064 Limited reported an average of 1,423 employees in the year to 31 Mar 2023.

Is Bar 2064 Limited profitable?

No — Bar 2064 Limited reported a loss of £590k in the year to 31 Mar 2023.

Company No. 04281845 · Incorporated 5 Sep 2001

Bar 2064 Limited

Registered name: BAR 2064 LIMITED

Bar 2064 Limited made £116m revenue and a £590k loss in the year to 31 Mar 2023. read from filing text

Bar 2064 Limited’s revenue grew 14% to £116m in the year to 31 Mar 2023, with a loss of £590k and 1,423 employees. The company is classified under “other business support service activities” and is based in Ilford; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Liquidation
Location: Ilford, London
Age: 25 yrs · since 2001
Type: Private Limited Company

Latest accounts · year to 31 Mar 2023

Key figures

IndependentCash flow filed

Revenue

£116m

Growth ▲14.5%

Profit

−£590k

Growth —

Profit margin

−0.5%

Gross 2.6%

Employees

1,423

Change ▲195.2%

Profit / employee

−£415

Revenue/employee £81.5k

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 Mar 2022	31 Mar 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£101m	£116m
Cost of sales	£98.5m	£113m
Gross profit	£2.8m	£3m
Profit before tax	−£130k	−£590k
Profit after tax	−£130k	−£590k
Profit (best available)	−£130k	−£590k
Staff costs	£10.4m	£114m
Employees (average)	482	1,423
Ratios
Profit margin	−0.1%	−0.5%
Gross margin	2.8%	2.6%
Revenue per employee	£210k	£81.5k
Profit per employee	−£270	−£415
Growth (year on year)
Revenue growth	—	▲14.5%
Headcount growth	—	▲195.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.9m	£2.6m
Net assets	−£132k	−£723k
Current assets	£4.4m	£3.9m
Debtors	£272k	£538
Deferred income	£34.5k	£26.7k
Cash from operations	£1.8m	−£632k
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024

Derived from the latest filing

How the business works

Profit margin: −0.5%; Profit ÷ revenue.
Gross margin: 2.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £81.5k; Revenue ÷ average employees.
Profit per employee: −£415; 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: 0%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; 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 −£723k
Cash at bank: ▲32%; Now £2.6m
Headcount: ▲195%; Now 1,423
Deferred income: ▼22%; Now £26.7k
Fixed assets: —; Now —

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2023 (profit −£590k), from the Companies House accounts bulk data published Mar 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.