Fridgepoint Ltd
Registered name: FRIDGEPOINT LTD
Fridgepoint Ltd made £24.5k revenue and a £514 loss in the year to 31 May 2023.
Fridgepoint Ltd’s revenue grew 28% to £24.5k in the year to 31 May 2023, with a loss of £514 and 3 employees. The company is classified under “repair of electrical equipment” and is based in Teddington; we hold 2 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Teddington, London
- Age
- 16 yrs · since 2010
- 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 May 2022 | 31 May 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £19.1k | £24.5k |
| Cost of sales | £2.3k | £1.2k |
| Gross profit | £18.3k | £23.3k |
| Operating profit | −£1.1k | −£514 |
| Profit before tax | −£1.1k | −£514 |
| Profit after tax | −£1.1k | −£514 |
| Profit (best available) | −£1.1k | −£514 |
| Employees (average) | 3 | 3 |
| Ratios | ||
| Profit margin | −6% | −2.1% |
| Gross margin | 96% | 95.2% |
| Revenue per employee | £6.4k | £8.2k |
| Profit per employee | −£381 | −£171 |
| Growth (year on year) | ||
| Revenue growth | — | ▲28.2% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £4.6k | £1.9k |
| Net assets | −£1k | −£1.6k |
| Current assets | £9.2k | £6.7k |
| Debtors | £4.6k | £4.9k |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 |
How the business works
- Profit margin
- −2.1%
- Profit ÷ revenue.
- Gross margin
- 95.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £8.2k
- Revenue ÷ average employees.
- Profit per employee
- −£171
- 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
- 19.8%
- 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 −£1.6k
- Cash at bank
- ▼59%
- Now £1.9k
- Headcount
- 0%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 May 2023 (profit −£514), from the Companies House accounts bulk data published Feb 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.