Wells Limited
Registered name: WELLS LIMITED
Wells Limited made £0 revenue and £0 profit in the year to 31 Mar 2024.
Wells Limited’s revenue fell 100% to £0 in the year to 31 Mar 2024, with £0 profit and 0 employees. The company is classified under “other service activities” and is based in Norwich; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Norwich, East of England
- Age
- 22 yrs · since 2004
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £72.4k | £65.5k | £0 |
| Cost of sales | £0 | £0 | £0 |
| Gross profit | £72.4k | £65.5k | £0 |
| Operating profit | £6.5k | £4.2k | £0 |
| Profit before tax | £6.5k | £4.2k | £0 |
| Profit after tax | £6.5k | £4.2k | £0 |
| Profit (best available) | £6.5k | £4.2k | £0 |
| Employees (average) | 2 | 2 | 0 |
| Ratios | |||
| Profit margin | 8.9% | 6.4% | — |
| Gross margin | 100% | 100% | — |
| Revenue per employee | £36.2k | £32.8k | — |
| Profit per employee | £3.2k | £2.1k | — |
| Growth (year on year) | |||
| Revenue growth | — | ▼9.5% | ▼100% |
| Profit growth | — | ▼35.3% | ▼100% |
| Headcount growth | — | 0% | ▼100% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2 | £2 | £1 |
| Net assets | £2 | £2 | £1 |
| Fixed assets | £0 | £0 | £0 |
| Current assets | £2 | £2 | £1 |
| Debtors | £0 | £0 | £0 |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Nov 2025 |
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.
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
- ▼50%
- Now £1
- Cash at bank
- ▼50%
- Now £1
- Headcount
- ▼100%
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £0
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £0), from the Companies House accounts bulk data published Nov 2025. 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.