Fabweld (Midlands) Ltd
Registered name: FABWELD (MIDLANDS) LTD
Fabweld (Midlands) Ltd made £120k revenue and £3.7k profit in the year to 31 Mar 2023.
Fabweld (Midlands) Ltd’s revenue fell 7% to £120k in the year to 31 Mar 2023, with £3.7k profit and 4 employees. The company is classified under “other business support service activities” and is based in Wednesbury; we hold 2 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Wednesbury, West Midlands
- Age
- 15 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 Mar 2022 | 31 Mar 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £129k | £120k |
| Cost of sales | £101k | £85.5k |
| Gross profit | £28.6k | £34.4k |
| Operating profit | £2.1k | £5.1k |
| Profit before tax | £1.1k | £3.7k |
| Profit after tax | £1.1k | £3.7k |
| Profit (best available) | £1.1k | £3.7k |
| Employees (average) | 1 | 4 |
| Ratios | ||
| Profit margin | 0.9% | 3% |
| Gross margin | 22.1% | 28.7% |
| Revenue per employee | £129k | £30k |
| Profit per employee | £1.1k | £915 |
| Growth (year on year) | ||
| Revenue growth | — | ▼7.2% |
| Profit growth | — | ▲220% |
| Headcount growth | — | ▲300% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £45.6k | £42.2k |
| Net assets | −£23.1k | −£19.5k |
| Current assets | £46.6k | £44.2k |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 |
How the business works
- Profit margin
- 3%
- Profit ÷ revenue.
- Gross margin
- 28.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £30k
- Revenue ÷ average employees.
- Profit per employee
- £915
- 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
- —
- 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 −£19.5k
- Cash at bank
- ▼7%
- Now £42.2k
- Headcount
- ▲300%
- Now 4
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
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- Profit
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- Staff
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- Profit
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- Complyregs LimitedWalton-on-Thames · Other business support service activities n.e.c.
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2023 (profit £3.7k), 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.