G. Watling LtdDissolved
G. Watling Ltd made £14.7k revenue and £1.6k profit in the year to 31 Mar 2024.
G. Watling Ltd’s revenue fell 16% to £14.7k in the year to 31 Mar 2024, with £1.6k profit and 1 employee. 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 Mar 2023 | 31 Mar 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £17.6k | £14.7k |
| Profit before tax | £4.6k | £2k |
| Profit after tax | £3.8k | £1.6k |
| Profit (best available) | £3.8k | £1.6k |
| Employees (average) | 1 | 1 |
| Ratios | ||
| Profit margin | 21.4% | 11.1% |
| Revenue per employee | £17.6k | £14.7k |
| Profit per employee | £3.8k | £1.6k |
| Growth (year on year) | ||
| Revenue growth | — | ▼16.5% |
| Profit growth | — | ▼56.6% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £2.2k | £1.4k |
| Net assets | £282 | £1.6k |
| Fixed assets | £1 | £1 |
| Current assets | £2.3k | £2.5k |
| Debtors | £130 | £1.2k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 |
How the business works
- Profit margin
- 11.1%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £14.7k
- Revenue ÷ average employees.
- Profit per employee
- £1.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8.1%
- 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
- ▲455%
- Now £1.6k
- Cash at bank
- ▼37%
- Now £1.4k
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £1
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £1.6k), from the Companies House accounts bulk data published Sep 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.