Pole Position UK Limited
Registered name: POLE POSITION UK LIMITED
Pole Position UK Limited made £273k revenue and a £49.5k loss in the year to 31 Jan 2023.
Pole Position UK Limited’s revenue grew 34% to £273k in the year to 31 Jan 2023, with a loss of £49.5k and 4 employees. The company is classified under “maintenance and repair of motor vehicles” and is based in Wolverhampton; we hold 2 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Wolverhampton, West Midlands
- Age
- 17 yrs · since 2009
- 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 Jan 2022 | 31 Jan 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £203k | £273k |
| Profit after tax | −£24.2k | −£49.5k |
| Profit (best available) | −£24.2k | −£49.5k |
| Staff costs | £45.9k | £61.9k |
| Employees (average) | — | 4 |
| Ratios | ||
| Profit margin | −11.9% | −18.1% |
| Revenue per employee | — | £68.3k |
| Profit per employee | — | −£12.4k |
| Growth (year on year) | ||
| Revenue growth | — | ▲34.5% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | −£209k | −£259k |
| Fixed assets | £75.3k | £66.5k |
| Current assets | £13k | £42.6k |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 |
How the business works
- Profit margin
- −18.1%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £68.3k
- Revenue ÷ average employees.
- Profit per employee
- −£12.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 24.3%
- 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 −£259k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 4
- Deferred income
- —
- Now —
- Fixed assets
- ▼12%
- Now £66.5k
Similar profitable businesses
- Rick Harris Engineering LimitedWhitchurch · Maintenance and repair of motor vehicles
- Revenue
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- Profit
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- Staff
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- MB Motor LimitedManchester · Maintenance and repair of motor vehicles
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- Profit
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- Oddball Designs LimitedKeighley · Maintenance and repair of motor vehicles
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- Profit
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- Rob Bradbury Autos LtdPlymouth · Maintenance and repair of motor vehicles
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- Profit
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- SJ Autos (Wessington) LtdAlfreton · Maintenance and repair of motor vehicles
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- Profit
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- Eva Tech Auto LtdNewport · Maintenance and repair of motor vehicles
- Revenue
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Jan 2023 (profit −£49.5k), from the Companies House accounts bulk data published Oct 2023. 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.