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Company No. 06800883 · Incorporated 26 Jan 2009

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.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45200Maintenance and repair of motor vehicles
Status
Active - Proposal to Strike off
Location
Wolverhampton, West Midlands
Age
17 yrs · since 2009
Type
Private Limited Company
Latest accounts · year to 31 Jan 2023

Key figures

IndependentSmall teamBoring industry
Revenue
£273k
Growth ▲34.5%
Profit
−£49.5k
Growth —
Profit margin
−18.1%
 
Employees
4
Change —
Profit / employee
−£12.4k
Revenue/employee £68.3k
Profitable streak
0yrs
Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Jan 202231 Jan 2023
DisclosureFull P&LFull 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
SourceFullAccounts · bulk data Oct 2023FullAccounts · bulk data Oct 2023
Derived from the latest filing

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.
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
—
Now −£259k
Cash at bank
—
Now —
Headcount
—
Now 4
Deferred income
—
Now —
Fixed assets
▼12%
Now £66.5k
Same industry, similar size

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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.