More Glazing LtdDissolved
Registered name: MORE GLAZING LTD
More Glazing Ltd made £107k revenue and £8.5k profit in the year to 31 Dec 2023.
More Glazing Ltd’s revenue fell 40% to £107k in the year to 31 Dec 2023, with £8.5k profit and 3 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
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) | £179k | £107k |
| Cost of sales | £93.8k | £49.9k |
| Gross profit | £84.7k | £57.5k |
| Operating profit | £5.2k | £11.4k |
| Profit before tax | £4.9k | £11.3k |
| Profit after tax | £3.8k | £8.5k |
| Profit (best available) | £3.8k | £8.5k |
| Employees (average) | 3 | 3 |
| Ratios | ||
| Profit margin | 2.1% | 7.9% |
| Gross margin | 47.5% | 53.5% |
| Revenue per employee | £59.5k | £35.8k |
| Profit per employee | £1.3k | £2.8k |
| Growth (year on year) | ||
| Revenue growth | — | ▼39.8% |
| Profit growth | — | ▲121.6% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £10.5k | £0 |
| Net assets | £2.7k | −£15 |
| Fixed assets | £11.1k | £0 |
| Current assets | £15.1k | £0 |
| Debtors | £3.6k | £0 |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 |
How the business works
- Profit margin
- 7.9%
- Profit ÷ revenue.
- Gross margin
- 53.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £35.8k
- Revenue ÷ average employees.
- Profit per employee
- £2.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▼101%
- Now −£15
- Cash at bank
- ▼100%
- Now £0
- Headcount
- 0%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- ▼100%
- Now £0
Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £8.5k), from the Companies House accounts bulk data published Mar 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.