How much does Alivecor Limited make?

Alivecor Limited reported revenue of £5m and a loss of £46.2k in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does Alivecor Limited have?

Alivecor Limited reported an average of 7 employees in the year to 31 Dec 2022.

Is Alivecor Limited profitable?

No — Alivecor Limited reported a loss of £46.2k in the year to 31 Dec 2022.

Company No. 08476285 · Incorporated 5 Apr 2013

Alivecor Limited

Registered name: ALIVECOR LIMITED

Alivecor Limited made £5m revenue and a £46.2k loss in the year to 31 Dec 2022.

Alivecor Limited’s revenue grew 10% to £5m in the year to 31 Dec 2022, with a loss of £46.2k and 7 employees. The company is classified under “other human health activities” and is based in Slough; we hold 2 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 86900Other human health activities

Status: Active
Location: Slough, South East
Age: 13 yrs · since 2013
Type: Private Limited Company

Latest accounts · year to 31 Dec 2022

Key figures

IndependentSmall team

Revenue

£5m

Growth ▲10.2%

Profit

−£46.2k

Growth —

Profit margin

−0.9%

Gross 53.1%

Employees

Change ▲40%

Profit / employee

−£6.6k

Revenue/employee £714k

Profitable streak

0yrs

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 Dec 2021	31 Dec 2022
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£4.5m	£5m
Cost of sales	£2.2m	£2.3m
Gross profit	£2.3m	£2.7m
Operating profit	−£1.6m	£150k
Profit before tax	−£1.6m	£7.9k
Profit after tax	−£1.6m	−£46.2k
Profit (best available)	−£1.6m	−£46.2k
Employees (average)	5	7
Ratios
Profit margin	−34.5%	−0.9%
Gross margin	51%	53.1%
Revenue per employee	£907k	£714k
Profit per employee	−£313k	−£6.6k
Growth (year on year)
Revenue growth	—	▲10.2%
Headcount growth	—	▲40%
Balance sheet — indirect signals, not revenue
Cash at bank	£514k	£418k
Net assets	−£3.1m	−£3m
Current assets	£1.6m	£3.7m
Debtors	£411k	£510k
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024

Derived from the latest filing

How the business works

Profit margin: −0.9%; Profit ÷ revenue.
Gross margin: 53.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £714k; Revenue ÷ average employees.
Profit per employee: −£6.6k; 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: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 10.2%; 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: —; Now −£3m
Cash at bank: ▼19%; Now £418k
Headcount: ▲40%; Now 7
Deferred income: —; Now —
Fixed assets: —; Now —

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2022 (profit −£46.2k), from the Companies House accounts bulk data published Feb 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.