How much does Oval Subsidiary 4 Limited make?

Oval Subsidiary 4 Limited reported revenue of £2.3m and £471k profit in the year to 31 Oct 2023, according to its accounts filed at Companies House.

How many employees does Oval Subsidiary 4 Limited have?

Oval Subsidiary 4 Limited reported an average of 20 employees in the year to 31 Oct 2023.

Is Oval Subsidiary 4 Limited profitable?

Yes — Oval Subsidiary 4 Limited reported a profit of £471k in the year to 31 Oct 2023.

Company No. 07753328 · Incorporated 25 Aug 2011

Oval Subsidiary 4 Limited

Registered name: OVAL SUBSIDIARY 4 LIMITED

Part of Chiltern Capital LLP group

Oval Subsidiary 4 Limited made £2.3m revenue and £471k profit in the year to 31 Oct 2023.

Oval Subsidiary 4 Limited’s revenue fell 56% to £2.3m in the year to 31 Oct 2023, with £471k profit and 20 employees. The company is classified under “other telecommunications activities” and is based in Bath; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 61900Other telecommunications activities

Status: Active - Proposal to Strike off
Location: Bath, South West
Age: 15 yrs · since 2011
Type: Private Limited Company

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.

Latest accounts · year to 31 Oct 2023

Key figures

Capital-light

Revenue

£2.3m

Growth ▼55.5%

Profit

£471k

Growth ▼53.6%

Profit margin

20.3%

Gross 49.5%

Employees

Change ▼23.1%

Profit / employee

£23.5k

Revenue/employee £116k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2022	31 Oct 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£5.2m	£2.3m
Cost of sales	£2.2m	£1.2m
Gross profit	£3m	£1.2m
Operating profit	£902k	£315k
Profit before tax	£900k	£315k
Profit after tax	£1m	£471k
Profit (best available)	£1m	£471k
Employees (average)	26	20
Ratios
Profit margin	19.4%	20.3%
Gross margin	57%	49.5%
Revenue per employee	£201k	£116k
Profit per employee	£39.1k	£23.5k
Growth (year on year)
Revenue growth	—	▼55.5%
Profit growth	—	▼53.6%
Headcount growth	—	▼23.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£375k	£20.5k
Net assets	£907k	£1.4m
Fixed assets	£575k	£31.5k
Current assets	£2.1m	£2.1m
Debtors	£169k	£8.9k
Deferred income	£1.3m	£762k
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024

Derived from the latest filing

How the business works

Profit margin: 20.3%; Profit ÷ revenue.
Gross margin: 49.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £116k; Revenue ÷ average employees.
Profit per employee: £23.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 32.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.4%; 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: ▲52%; Now £1.4m
Cash at bank: ▼95%; Now £20.5k
Headcount: ▼23%; Now 20
Deferred income: ▼41%; Now £762k
Fixed assets: ▼95%; Now £31.5k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Chiltern Capital LLPultimate parent75–100%
Chiltern Capital Nominees (Oval) Limited50–75%
Oval Holdco Ltd75–100%
Oval Subsidiary 4 Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

Oval Subsidiary 1 LimitedLiquidationFigures not disclosed
Oval Subsidiary 3 LimitedActive - Proposal to Strike offFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2023 (profit £471k), from the Companies House accounts bulk data published May 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.