Halstead Independent Financial Management LimitedDissolved
Halstead Independent Financial Management Limited made £581k revenue and £176k profit in the year to 31 May 2024.
Halstead Independent Financial Management Limited’s revenue grew 5% to £581k in the year to 31 May 2024, with £176k profit and 5 employees. We hold 2 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 May 2023 | 31 May 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £555k | £581k |
| Cost of sales | £15.9k | £7.9k |
| Gross profit | £539k | £573k |
| Operating profit | £232k | £231k |
| Profit before tax | £234k | £235k |
| Profit after tax | £184k | £176k |
| Profit (best available) | £184k | £176k |
| Staff costs | £159k | £166k |
| Employees (average) | 5 | 5 |
| Ratios | ||
| Profit margin | 33.2% | 30.2% |
| Gross margin | 97.1% | 98.6% |
| Revenue per employee | £111k | £116k |
| Profit per employee | £36.9k | £35.1k |
| Cash conversion | −89.5% | −110.2% |
| Growth (year on year) | ||
| Revenue growth | — | ▲4.6% |
| Profit growth | — | ▼4.7% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £306k | £295k |
| Net assets | £312k | £299k |
| Fixed assets | £48k | £72.8k |
| Current assets | £362k | £360k |
| Debtors | £750 | £500 |
| Cash from operations | −£208k | −£255k |
| Source | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2024 |
How the business works
- Profit margin
- 30.2%
- Profit ÷ revenue.
- Gross margin
- 98.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £116k
- Revenue ÷ average employees.
- Profit per employee
- £35.1k
- Profit ÷ average employees.
- Cash conversion
- −110.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 12.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.1%
- 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
- ▼4%
- Now £299k
- Cash at bank
- ▼4%
- Now £295k
- Headcount
- 0%
- Now 5
- Deferred income
- —
- Now —
- Fixed assets
- ▲52%
- Now £72.8k
Sources
Latest figures from FullAccounts for the year to 31 May 2024 (profit £176k), from the Companies House accounts bulk data published Nov 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.