HC M&E LimitedDissolved
Registered name: HC M&E LIMITED
HC M&E Limited made £245k revenue and £1.5k profit in the year to 31 May 2023. read from filing text
HC M&E Limited’s revenue grew 23% to £245k in the year to 31 May 2023, with £1.5k 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 May 2022 | 31 May 2023 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £198k | £245k |
| Cost of sales | £184k | £192k |
| Gross profit | £14k | £52.5k |
| Operating profit | −£27.1k | £3.1k |
| Profit before tax | −£28k | £1.5k |
| Profit after tax | −£27.1k | £1.5k |
| Profit (best available) | −£27.1k | £1.5k |
| Employees (average) | 3 | 3 |
| Ratios | ||
| Profit margin | −13.7% | 0.6% |
| Gross margin | 7.1% | 21.5% |
| Revenue per employee | £66k | £81.5k |
| Profit per employee | −£9k | £493 |
| Growth (year on year) | ||
| Revenue growth | — | ▲23.4% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £31.2k | £14.4k |
| Net assets | £6.7k | £8.2k |
| Fixed assets | £2.3k | £1.3k |
| Current assets | £85.5k | £65.3k |
| Debtors | £30.6k | £30.7k |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 |
How the business works
- Profit margin
- 0.6%
- Profit ÷ revenue.
- Gross margin
- 21.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £81.5k
- Revenue ÷ average employees.
- Profit per employee
- £493
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 12.6%
- 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
- ▲22%
- Now £8.2k
- Cash at bank
- ▼54%
- Now £14.4k
- Headcount
- 0%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- ▼43%
- Now £1.3k
Sources
Latest figures from FullAccounts for the year to 31 May 2023 (profit £1.5k), 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.