Waystone Capital Solutions (UK) Limited
Registered name: WAYSTONE CAPITAL SOLUTIONS (UK) LIMITED
Waystone Capital Solutions (UK) Limited made £2.1m revenue and £60k profit in the year to 31 Dec 2023.
Waystone Capital Solutions (UK) Limited’s revenue fell 7% to £2.1m in the year to 31 Dec 2023, with £60k profit and 6 employees. The company is classified under “activities of investment trusts” and is based in London; we hold 2 years of its filed accounts.
- Status
- Liquidation
- Location
- London, London
- Age
- 16 yrs · since 2010
- 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.
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) | £2.3m | £2.1m |
| Operating profit | £129k | £149k |
| Profit before tax | £130k | £151k |
| Profit after tax | £60k | £60k |
| Profit (best available) | £60k | £60k |
| Staff costs | £2m | £1.7m |
| Employees (average) | 8 | 6 |
| Ratios | ||
| Profit margin | 2.6% | 2.8% |
| Revenue per employee | £287k | £355k |
| Profit per employee | £7.5k | £10k |
| Cash conversion | −64% | −166.8% |
| Growth (year on year) | ||
| Revenue growth | — | ▼7.4% |
| Profit growth | — | 0% |
| Headcount growth | — | ▼25% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £263k | £453k |
| Net assets | £116k | £176k |
| Fixed assets | £7.1k | £6k |
| Current assets | £1.5m | £1.6m |
| Debtors | £1.2m | £1.1m |
| Cash from operations | −£82.6k | −£248k |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 |
How the business works
- Profit margin
- 2.8%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £355k
- Revenue ÷ average employees.
- Profit per employee
- £10k
- Profit ÷ average employees.
- Cash conversion
- −166.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 53.5%
- 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
- ▲52%
- Now £176k
- Cash at bank
- ▲73%
- Now £453k
- Headcount
- ▼25%
- Now 6
- Deferred income
- —
- Now —
- Fixed assets
- ▼15%
- Now £6k
Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £60k), from the Companies House accounts bulk data published Jul 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.