How many employees does Cadence (2026) Number 1 Limited have?

Cadence (2026) Number 1 Limited reported an average of 2 employees in the year to 31 Dec 2023.

Company No. 08583965 · Incorporated 25 Jun 2013

Cadence (2026) Number 1 Limited

Q: Is Cadence (2026) Number 1 Limited profitable?

No — Cadence (2026) Number 1 Limited reported a loss of £2.8m in the year to 31 Dec 2023.

Registered name: CADENCE (2026) NUMBER 1 LIMITED

Part of Meadow Park Estates Limited group

Cadence (2026) Number 1 Limited made a £2.8m loss in the year to 31 Dec 2023 (revenue not disclosed).

Cadence (2026) Number 1 Limited reported a loss of £2.8m in the year to 31 Dec 2023; its revenue was not disclosed. It had 2 employees. The company is classified under “manufacture of other textiles” and is based in London; we hold 3 years of its filed accounts.

Profit onlySection C · ManufacturingSIC 13990Manufacture of other textiles n.e.c.

Status: In Administration
Location: London, London
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.

Latest accounts · year to 31 Dec 2023

Key figures

Small team

Revenue

—

Not disclosed in filing

Profit

−£2.8m

Growth —

Profit margin

—

Employees

Change ▼33.3%

Profit / employee

−£1.4m

Profitable streak

0yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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	1 Jan 2023	30 Dec 2023	31 Dec 2023
Disclosure	Profit only	Full P&L	Profit only
Profit & loss
Revenue (turnover)	—	£12.5m	—
Cost of sales	—	−£6.9m	—
Gross profit	—	£5.5m	—
Operating profit	—	−£2.4m	—
Profit before tax	—	−£2.7m	—
Profit after tax	−£10.2m	−£2.5m	−£2.8m
Profit (best available)	−£10.2m	−£2.5m	−£2.8m
Employees (average)	3	48	2
Ratios
Profit margin	—	−19.7%	—
Gross margin	—	44.4%	—
Revenue per employee	—	£260k	—
Profit per employee	−£3.4m	−£51.1k	−£1.4m
Growth (year on year)
Headcount growth	—	▲1500%	▼33.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.1m	—	£77
Net assets	£5.4m	—	£2.6m
Fixed assets	£808k	—	£802k
Current assets	£5.1m	—	£2.1m
Debtors	£0	—	£0
Deferred income	£51.6k	—	£23.2k
Source	Accounts · bulk data Jan 2024	Accounts · bulk data Dec 2025	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: −£1.4m; 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: —; 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: ▼52%; Now £2.6m
Cash at bank: ▼100%; Now £77
Headcount: ▼33%; Now 2
Deferred income: ▼55%; Now £23.2k
Fixed assets: ▼1%; Now £802k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Meadow Park Estates Limited (registered outside the UK register)ultimate parent75–100%
Cadence (2026) Number 1 Limitedthis company

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

Subsidiaries (1)

Cadence (2026) Number 2 LimitedIn AdministrationRev. £11.8m · Profit −£3.4m

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£2.8m), from the Companies House accounts bulk data published Dec 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.