How much does Elonex Estates Limited make?

Elonex Estates Limited reported revenue of £300k and £27.5k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Elonex Estates Limited have?

Elonex Estates Limited reported an average of 2 employees in the year to 31 Dec 2024.

Is Elonex Estates Limited profitable?

Yes — Elonex Estates Limited reported a profit of £27.5k in the year to 31 Dec 2024.

Company No. 08419867 · Incorporated 26 Feb 2013

Elonex Estates Limited

Registered name: ELONEX ESTATES LIMITED

Part of Group X Media Ltd group

Elonex Estates Limited made £300k revenue and £27.5k profit in the year to 31 Dec 2024. read from filing text

Elonex Estates Limited’s revenue fell 86% to £300k in the year to 31 Dec 2024, with £27.5k profit and 2 employees. The company is classified under “advertising agencies” and is based in Birmingham; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 73110Advertising agencies

Status: Active
Location: Birmingham, West Midlands
Age: 13 yrs · since 2013
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. From the filing: “At the balance sheet date, the company was a subsidiary of Elonex Dooh Limited (previously One Asset Limited), a company incorporated in England and Wales. The company is controlled by Mr N Smith by v”

Latest accounts · year to 31 Dec 2024

Key figures

Small teamCash flow filed

Revenue

£300k

Growth ▼86.5%

Profit

£27.5k

Growth —

Profit margin

9.1%

Gross 30.5%

Employees

Change ▼50%

Profit / employee

£13.7k

Revenue/employee £150k

Profitable streak

1yr

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£565k	£2.2m	£300k
Cost of sales	£300k	£1.7m	£209k
Gross profit	£265k	£543k	£91.7k
Profit before tax	£128k	−£5k	£36.7k
Profit after tax	£126k	−£2.5k	£27.5k
Profit (best available)	£126k	−£2.5k	£27.5k
Staff costs	£85.3k	£247k	£0
Employees (average)	4	4	2
Ratios
Profit margin	22.2%	−0.1%	9.1%
Gross margin	46.9%	24.4%	30.5%
Revenue per employee	£141k	£555k	£150k
Profit per employee	£31.4k	−£631	£13.7k
Growth (year on year)
Revenue growth	—	▲293%	▼86.5%
Profit growth	—	▼102%	—
Headcount growth	—	0%	▼50%
Balance sheet — indirect signals, not revenue
Cash at bank	£141k	£300k	£24.1k
Net assets	£120k	£68.1k	£95.6k
Current assets	£287k	£517k	£111k
Debtors	£146k	£70k	£241
Deferred income	£28.5k	£98.2k	£0
Cash from operations	£113k	−£208k	£276k
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024	FullAccounts · bulk data Jun 2025

Derived from the latest filing

How the business works

Profit margin: 9.1%; Profit ÷ revenue.
Gross margin: 30.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £150k; Revenue ÷ average employees.
Profit per employee: £13.7k; 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: 0%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.1%; 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: ▲40%; Now £95.6k
Cash at bank: ▼92%; Now £24.1k
Headcount: ▼50%; Now 2
Deferred income: ▼100%; Now £0
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Group X Media Ltdultimate parent75–100%
Elonex Dooh Limited75–100%
Elonex Estates Limitedthis company

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

Sister companies (1)

Booh Media LimitedLiquidationRev. £1.9m · Profit −£270k

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £27.5k), from the Companies House accounts bulk data published Jun 2025. 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.