How much does We Are Waterloo Ltd make?

We Are Waterloo Ltd reported revenue of £803k and a loss of £34.4k in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does We Are Waterloo Ltd have?

We Are Waterloo Ltd reported an average of 5 employees in the year to 31 Mar 2023.

Is We Are Waterloo Ltd profitable?

No — We Are Waterloo Ltd reported a loss of £34.4k in the year to 31 Mar 2023.

Company No. 04381162 · Incorporated 25 Feb 2002

We Are Waterloo Ltd

Registered name: WE ARE WATERLOO LTD

We Are Waterloo Ltd made £803k revenue and a £34.4k loss in the year to 31 Mar 2023.

We Are Waterloo Ltd’s revenue fell 23% to £803k in the year to 31 Mar 2023, with a loss of £34.4k and 5 employees. The company is classified under “other business support service activities” and is based in London; 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: Active
Location: London, London
Age: 24 yrs · since 2002
Type: PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)

Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. It is excluded from our opportunity lists.

Latest accounts · year to 31 Mar 2023

Key figures

IndependentSmall teamCapital-light

Revenue

£803k

Growth ▼22.8%

Profit

−£34.4k

Growth ▼111.9%

Profit margin

−4.3%

Gross 7.8%

Employees

Change ▼16.7%

Profit / employee

−£6.9k

Revenue/employee £161k

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&L	Full P&L
Profit & loss
Revenue (turnover)	£1m	£803k
Cost of sales	£653k	£741k
Gross profit	£388k	£62.9k
Operating profit	£288k	−£36.3k
Profit before tax	£288k	−£34.4k
Profit after tax	£288k	−£34.4k
Profit (best available)	£288k	−£34.4k
Employees (average)	6	5
Ratios
Profit margin	27.7%	−4.3%
Gross margin	37.3%	7.8%
Revenue per employee	£173k	£161k
Profit per employee	£48k	−£6.9k
Growth (year on year)
Revenue growth	—	▼22.8%
Profit growth	—	▼111.9%
Headcount growth	—	▼16.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£793k	£689k
Net assets	£579k	£545k
Fixed assets	£7.4k	£3.8k
Current assets	£918k	£873k
Debtors	£125k	£184k
Source	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2023

Derived from the latest filing

How the business works

Profit margin: −4.3%; Profit ÷ revenue.
Gross margin: 7.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £161k; Revenue ÷ average employees.
Profit per employee: −£6.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 22.9%; 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: ▼6%; Now £545k
Cash at bank: ▼13%; Now £689k
Headcount: ▼17%; Now 5
Deferred income: —; Now —
Fixed assets: ▼49%; Now £3.8k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2023 (profit −£34.4k), from the Companies House accounts bulk data published Nov 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.