Essential Tuition LtdDissolved
Registered name: ESSENTIAL TUITION LTD
Essential Tuition Ltd made £5.2k revenue and a £1.5k loss in the year to 31 Mar 2023.
Essential Tuition Ltd’s revenue fell 37% to £5.2k in the year to 31 Mar 2023, with a loss of £1.5k and 2 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 Mar 2022 | 31 Mar 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £8.2k | £5.2k |
| Profit after tax | −£3.5k | −£1.5k |
| Profit (best available) | −£3.5k | −£1.5k |
| Staff costs | £4.1k | £3.6k |
| Employees (average) | — | 2 |
| Ratios | ||
| Profit margin | −43% | −27.9% |
| Revenue per employee | — | £2.6k |
| Profit per employee | — | −£727 |
| Growth (year on year) | ||
| Revenue growth | — | ▼36.5% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £1.9k | −£5.3k |
| Fixed assets | £0 | £1.1k |
| Current assets | £1.9k | £1.2k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 |
How the business works
- Profit margin
- −27.9%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £2.6k
- Revenue ÷ average employees.
- Profit per employee
- −£727
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 20.7%
- 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
- ▼385%
- Now −£5.3k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £1.1k
Sources
Latest figures from FullAccounts for the year to 31 Mar 2023 (profit −£1.5k), from the Companies House accounts bulk data published Dec 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.