Honey Associates LtdDissolved
Registered name: HONEY ASSOCIATES LTD
Honey Associates Ltd made £68.9k revenue and £3.1k profit in the year to 31 Mar 2024.
Honey Associates Ltd’s revenue grew 7% to £68.9k in the year to 31 Mar 2024, with £3.1k profit and 1 employee. We hold 3 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 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £71.3k | £64.4k | £68.9k |
| Profit after tax | £10.7k | £15.8k | £3.1k |
| Profit (best available) | £10.7k | £15.8k | £3.1k |
| Staff costs | £60.3k | £48.3k | £65.5k |
| Employees (average) | — | 1 | 1 |
| Ratios | |||
| Profit margin | 15.1% | 24.6% | 4.5% |
| Revenue per employee | — | £64.4k | £68.9k |
| Profit per employee | — | £15.8k | £3.1k |
| Growth (year on year) | |||
| Revenue growth | — | ▼9.7% | ▲7% |
| Profit growth | — | ▲47.4% | ▼80.3% |
| Headcount growth | — | — | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | £100 | £100 | £100 |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 4.5%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £68.9k
- Revenue ÷ average employees.
- Profit per employee
- £3.1k
- 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
- 0%
- Now £100
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £3.1k), from the Companies House accounts bulk data published Dec 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.