P2P IT Ltd
Registered name: P2P IT LTD
P2P IT Ltd made £13.6k revenue and £8.4k profit in the year to 5 Mar 2024.
P2P IT Ltd’s revenue grew 9% to £13.6k in the year to 5 Mar 2024, with £8.4k profit and 1 employee. The company is classified under “wired telecommunications activities” and is based in Southport; we hold 3 years of its filed accounts.
- Status
- Liquidation
- Location
- Southport, North West
- Age
- 19 yrs · since 2007
- 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 | 5 Mar 2022 | 5 Mar 2023 | 5 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £23.3k | £12.5k | £13.6k |
| Profit after tax | −£7.9k | −£2.9k | £8.4k |
| Profit (best available) | −£7.9k | −£2.9k | £8.4k |
| Employees (average) | — | 1 | 1 |
| Ratios | |||
| Profit margin | −33.8% | −23.4% | 61.6% |
| Revenue per employee | — | £12.5k | £13.6k |
| Profit per employee | — | −£2.9k | £8.4k |
| Growth (year on year) | |||
| Revenue growth | — | ▼46.2% | ▲8.8% |
| Headcount growth | — | — | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | −£35k | −£47.8k | −£42k |
| Fixed assets | £7.1k | £7.4k | £7.3k |
| Current assets | £29.7k | £12k | £17k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 61.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £13.6k
- Revenue ÷ average employees.
- Profit per employee
- £8.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 53.8%
- 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
- —
- Now −£42k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▼1%
- Now £7.3k
Sources
Latest figures from FullAccounts for the year to 5 Mar 2024 (profit £8.4k), 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.