How much does Carthage Limited make?

Carthage Limited reported revenue of £0 and a loss of £126 in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Carthage Limited have?

Carthage Limited reported an average of 0 employees in the year to 31 Dec 2025.

Is Carthage Limited profitable?

No — Carthage Limited reported a loss of £126 in the year to 31 Dec 2025.

Company No. 04356210 · Incorporated 18 Jan 2002

Carthage Limited

Registered name: CARTHAGE LIMITED

Carthage Limited made £0 revenue and a £126 loss in the year to 31 Dec 2025.

Carthage Limited’s revenue fell 100% to £0 in the year to 31 Dec 2025, with a loss of £126 and 0 employees. The company is classified under “sound recording and music publishing activities”; we hold 4 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 59200Sound recording and music publishing activities

Status: Active
Location: London
Age: 24 yrs · since 2002
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentSmall team

Revenue

£0

Growth ▼100%

Profit

−£126

Growth —

Profit margin

—

Employees

Change —

Profit / employee

—

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£299	£192	£37	£0
Cost of sales	£190	—	—	—
Gross profit	£109	£192	£37	£0
Operating profit	−£33	£102	−£79	−£126
Profit before tax	−£33	£102	−£79	−£126
Profit after tax	−£33	£102	−£79	−£126
Profit (best available)	−£33	£102	−£79	−£126
Employees (average)	0	0	0	0
Ratios
Profit margin	−11%	53.1%	−213.5%	—
Gross margin	36.4%	100%	100%	—
Growth (year on year)
Revenue growth	—	▼35.8%	▼80.7%	▼100%
Profit growth	—	—	▼177.4%	—
Balance sheet — indirect signals, not revenue
Cash at bank	£254	£319	£357	£231
Net assets	−£15.9k	−£15.8k	−£15.9k	−£16k
Fixed assets	£1	£1	£1	£1
Current assets	£434	£551	£457	£331
Debtors	£180	£89	£100	£100
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; 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: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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 −£16k
Cash at bank: ▼35%; Now £231
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: 0%; Now £1

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 Dec 2025 (profit −£126), from the Companies House accounts bulk data published Jan 2026. 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.