Lift-Workwise Limited
Registered name: LIFT-WORKWISE LIMITED
Part of Brooks Macdonald Group PLC groupLift-Workwise Limited made £730k revenue and £84k profit in the year to 31 Dec 2023.
Lift-Workwise Limited’s revenue grew 2% to £730k in the year to 31 Dec 2023, with £84k profit and 3 employees. The company is classified under “activities auxiliary to financial intermediation” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 17 yrs · since 2009
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £715k | £730k |
| Cost of sales | £143k | £147k |
| Gross profit | £572k | £583k |
| Operating profit | £122k | £110k |
| Profit before tax | £122k | £110k |
| Profit after tax | £98.9k | £84k |
| Profit (best available) | £98.9k | £84k |
| Employees (average) | 3 | 3 |
| Ratios | ||
| Profit margin | 13.8% | 11.5% |
| Gross margin | 80% | 79.9% |
| Revenue per employee | £238k | £243k |
| Profit per employee | £33k | £28k |
| Growth (year on year) | ||
| Revenue growth | — | ▲2.2% |
| Profit growth | — | ▼15% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £64.4k | £5.5k |
| Net assets | £8.9k | £17.9k |
| Current assets | £64.4k | £53k |
| Debtors | — | £32.4k |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 |
How the business works
- Profit margin
- 11.5%
- Profit ÷ revenue.
- Gross margin
- 79.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £243k
- Revenue ÷ average employees.
- Profit per employee
- £28k
- 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
- 4.4%
- 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
- ▲102%
- Now £17.9k
- Cash at bank
- ▼91%
- Now £5.5k
- Headcount
- 0%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Brooks Macdonald Group PLCultimate parent75–100%
- Lift-Financial Group Ltd75–100%
- Lift-Workwise Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (6)
- Lift-Financial LtdRev. £5.9m · Profit £1.2k
- Lift-Mortgages LimitedRev. £1.6m · Profit £11.7k
- Lift-Sport LimitedRev. £1.2m · Profit £159k
- Lift-Insurance LtdRev. £477k · Profit £47.6k
- Lift-Advice LtdRev. £235k · Profit −£11.5k
- Lift-Tax LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £84k), from the Companies House accounts bulk data published Aug 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.