How much does Intercede 2052 Limited make?

Intercede 2052 Limited reported revenue of £1.5m and £17.4m profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Intercede 2052 Limited have?

Intercede 2052 Limited reported an average of 1 employee in the year to 31 Dec 2023.

Is Intercede 2052 Limited profitable?

Yes — Intercede 2052 Limited reported a profit of £17.4m in the year to 31 Dec 2023.

Company No. 05485683 · Incorporated 21 Jun 2005

Intercede 2052 Limited

Registered name: INTERCEDE 2052 LIMITED

Intercede 2052 Limited made £1.5m revenue and £17.4m profit in the year to 31 Dec 2023.

Intercede 2052 Limited’s revenue fell 91% to £1.5m in the year to 31 Dec 2023, with £17.4m profit and 1 employee. The company is classified under “other passenger land transport” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 49390Other passenger land transport

Status: Liquidation
Location: London, London
Age: 21 yrs · since 2005
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 31 Dec 2023

Key figures

IndependentSmall team

Revenue

£1.5m

Growth ▼91.3%

Profit

£17.4m

Growth —

Profit margin

1160%

Gross 39.9%

Employees

Change ▼98.7%

Profit / employee

£17.4m

Revenue/employee £1.5m

Profitable streak

1yr

Consecutive profitable years in our data

Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£17.2m	£17.2m	£1.5m
Cost of sales	£10.2m	£9.6m	£900k
Gross profit	£7m	£7.5m	£598k
Operating profit	£5.6m	£4.2m	£7.4m
Profit before tax	£5.8m	£3.6m	£17.4m
Profit after tax	£1.6m	−£208k	£17.4m
Profit (best available)	£1.6m	−£208k	£17.4m
Staff costs	£1.9m	£1.6m	—
Employees (average)	114	74	1
Ratios
Profit margin	9.2%	−1.2%	1160%
Gross margin	40.9%	43.9%	39.9%
Revenue per employee	£151k	£232k	£1.5m
Profit per employee	£13.8k	−£2.8k	£17.4m
Cash conversion	9.3%	96%	—
Growth (year on year)
Revenue growth	—	▼0.1%	▼91.3%
Profit growth	—	▼113.2%	—
Headcount growth	—	▼35.1%	▼98.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.7m	£1.7m	£1.6m
Net assets	£6.3m	£5.7m	£22.9m
Fixed assets	£7m	£10.2m	£18.4m
Current assets	£6.4m	£4.7m	£7.2m
Debtors	£1.2m	£104k	£5.6m
Deferred income	£169k	£231k	—
Cash from operations	£524k	£4.1m	—
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: 1160%; Profit ÷ revenue.
Gross margin: 39.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.5m; Revenue ÷ average employees.
Profit per employee: £17.4m; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1231%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 374.8%; 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: ▲302%; Now £22.9m
Cash at bank: ▼7%; Now £1.6m
Headcount: ▼99%; Now 1
Deferred income: —; Now —
Fixed assets: ▲82%; Now £18.4m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £17.4m), 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.