How much does C.Q.E. Limited make?

C.Q.E. Limited reported revenue of £147k and £54k profit in the year to 31 May 2023, according to its accounts filed at Companies House.

How many employees does C.Q.E. Limited have?

C.Q.E. Limited reported an average of 1 employee in the year to 31 May 2023.

Is C.Q.E. Limited profitable?

Yes — C.Q.E. Limited reported a profit of £54k in the year to 31 May 2023.

Company No. 05141390

C.Q.E. LimitedDissolved

C.Q.E. Limited made £147k revenue and £54k profit in the year to 31 May 2023.

C.Q.E. Limited’s revenue grew 9% to £147k in the year to 31 May 2023, with £54k profit and 1 employee. 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 May 2023

Key figures

IndependentSmall teamCapital-lightOperating leverage

Revenue

£147k

Growth ▲8.9%

Profit

£54k

Growth ▲15.7%

Profit margin

36.8%

Gross 49.2%

Employees

Change —

Profit / employee

£54k

Revenue/employee £147k

Profitable streak

2yrs

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 May 2022	31 May 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£135k	£147k
Cost of sales	£69.7k	£74.6k
Gross profit	£65k	£72.1k
Operating profit	£57.6k	£66.9k
Profit before tax	£57.6k	£66.9k
Profit after tax	£46.6k	£54k
Profit (best available)	£46.6k	£54k
Employees (average)	—	1
Ratios
Profit margin	34.6%	36.8%
Gross margin	48.2%	49.2%
Revenue per employee	—	£147k
Profit per employee	—	£54k
Growth (year on year)
Revenue growth	—	▲8.9%
Profit growth	—	▲15.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£15k	£1.9k
Net assets	−£39.8k	−£41.3k
Fixed assets	£0	£0
Current assets	£15k	£1.9k
Source	Accounts · bulk data Jan 2024	Accounts · bulk data Jan 2024

Derived from the latest filing

How the business works

Profit margin: 36.8%; Profit ÷ revenue.
Gross margin: 49.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £147k; Revenue ÷ average employees.
Profit per employee: £54k; 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 −£41.3k
Cash at bank: ▼87%; Now £1.9k
Headcount: —; Now 1
Deferred income: —; Now —
Fixed assets: —; Now £0

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 May 2023 (profit £54k), from the Companies House accounts bulk data published Jan 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.