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Company No. 05070288

Electroform Designs LtdDissolved

Registered name: ELECTROFORM DESIGNS LTD

Electroform Designs Ltd made £3.3k revenue and a £59.8k loss in the year to 31 Mar 2023.

Electroform Designs Ltd’s revenue fell 84% to £3.3k in the year to 31 Mar 2023, with a loss of £59.8k and 3 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed
This company is no longer on the Companies House register. Figures are from its last filed accounts.
Status
Dissolved
Last filed accounts · year to 31 Mar 2023

Key figures

IndependentSmall teamCapital-light
Revenue
£3.3k
Growth ▼83.8%
Profit
−£59.8k
Growth —
Profit margin
−1813%
 
Employees
3
Change —
Profit / employee
−£19.9k
Revenue/employee £1.1k
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 to31 Mar 202231 Mar 2023
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£20.4k£3.3k
Profit after tax−£25.9k−£59.8k
Profit (best available)−£25.9k−£59.8k
Staff costs£16.7k£15.6k
Employees (average)—3
Ratios
Profit margin−127.3%−1813%
Revenue per employee—£1.1k
Profit per employee—−£19.9k
Growth (year on year)
Revenue growth—▼83.8%
Balance sheet — indirect signals, not revenue
Net assets−£118k−£178k
Fixed assets£59.6k£0
Current assets£4.3k£0
SourceFullAccounts · bulk data Oct 2023FullAccounts · bulk data Oct 2023
Derived from the latest filing

How the business works

Profit margin
−1813%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1.1k
Revenue ÷ average employees.
Profit per employee
−£19.9k
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
—
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 −£178k
Cash at bank
—
Now —
Headcount
—
Now 3
Deferred income
—
Now —
Fixed assets
▼100%
Now £0

Sources

Latest figures from FullAccounts for the year to 31 Mar 2023 (profit −£59.8k), from the Companies House accounts bulk data published Oct 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.