How much does Ballard Motive Solutions Ltd make?

Ballard Motive Solutions Ltd reported revenue of £2.8m and a loss of £5.7m in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Ballard Motive Solutions Ltd have?

Ballard Motive Solutions Ltd reported an average of 66 employees in the year to 31 Dec 2023.

Is Ballard Motive Solutions Ltd profitable?

No — Ballard Motive Solutions Ltd reported a loss of £5.7m in the year to 31 Dec 2023.

Company No. 07257863

Ballard Motive Solutions LtdDissolved

Registered name: BALLARD MOTIVE SOLUTIONS LTD

Ballard Motive Solutions Ltd made £2.8m revenue and a £5.7m loss in the year to 31 Dec 2023.

Ballard Motive Solutions Ltd’s revenue was £2.8m in the year to 31 Dec 2023, with a loss of £5.7m and 66 employees. We hold 3 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Last filed accounts · year to 31 Dec 2023

Key figures

Independent

Revenue

£2.8m

Growth —

Profit

−£5.7m

Growth —

Profit margin

−200.8%

Gross 55%

Employees

Change —

Profit / employee

−£86.4k

Revenue/employee £43k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	11 Nov 2021	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£2.3m	£1.6m	£2.8m
Cost of sales	£902k	£2.5m	£1.3m
Gross profit	£1.4m	−£893k	£1.6m
Operating profit	−£2.5m	−£10.7m	−£5.1m
Profit before tax	−£2.5m	−£11m	−£5.7m
Profit after tax	−£1.9m	−£11m	−£5.7m
Profit (best available)	−£1.9m	−£11m	−£5.7m
Staff costs	£2.7m	£3.8m	£2.9m
Employees (average)	74	74	66
Ratios
Profit margin	−80.6%	−672.2%	−200.8%
Gross margin	61.4%	−54.4%	55%
Revenue per employee	£31.6k	£22.2k	£43k
Profit per employee	−£25.5k	−£149k	−£86.4k
Balance sheet — indirect signals, not revenue
Cash at bank	£239k	£424k	£714k
Net assets	−£2.7m	−£8.3m	−£709k
Fixed assets	£142k	£177k	—
Current assets	£2.7m	£6.1m	£780k
Debtors	£1.1m	£1.1m	£60.4k
Deferred income	£586k	£2m	—
Source	Accounts · bulk data Jan 2024	Accounts · bulk data Jan 2024	FullAccounts · bulk data Oct 2024

Derived from the latest filing

How the business works

Profit margin: −200.8%; Profit ÷ revenue.
Gross margin: 55%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £43k; Revenue ÷ average employees.
Profit per employee: −£86.4k; 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: 2.1%; 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 −£709k
Cash at bank: —; Now £714k
Headcount: —; Now 66
Deferred income: —; Now —
Fixed assets: —; Now —

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£5.7m), from the Companies House accounts bulk data published Oct 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.