Wise Scaffold Services Ltd
Registered name: WISE SCAFFOLD SERVICES LTD
Wise Scaffold Services Ltd made £634k revenue and £2.1k profit in the year to 1 Mar 2024.
Wise Scaffold Services Ltd’s revenue fell 49% to £634k in the year to 1 Mar 2024, with £2.1k profit and 2 employees. The company is classified under “scaffold erection” and is based in Stevenage; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Stevenage, East of England
- Age
- 12 yrs · since 2014
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2022 | 28 Feb 2023 | 1 Mar 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £1.2m | £634k |
| Cost of sales | — | £923k | £813k |
| Gross profit | — | £317k | −£179k |
| Operating profit | — | £39.9k | £2.7k |
| Profit before tax | — | £39.8k | £2.6k |
| Profit after tax | — | £30.3k | £2.1k |
| Profit (best available) | — | £30.3k | £2.1k |
| Employees (average) | -2 | -2 | 2 |
| Ratios | |||
| Profit margin | — | 2.4% | 0.3% |
| Gross margin | — | 25.6% | −28.3% |
| Revenue per employee | — | −£620k | £317k |
| Profit per employee | — | −£15.1k | £1.1k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼48.9% |
| Profit growth | — | — | ▼93% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £37.9k | £13.9k | £3.4k |
| Net assets | £18.8k | £20.1k | £7.2k |
| Fixed assets | £32.1k | £24.6k | £18.5k |
| Current assets | £735k | £386k | £126k |
| Debtors | £328k | £63.3k | £20k |
| Deferred income | — | £0 | £0 |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Oct 2024 |
How the business works
- Profit margin
- 0.3%
- Profit ÷ revenue.
- Gross margin
- −28.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £317k
- Revenue ÷ average employees.
- Profit per employee
- £1.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.1%
- 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
- ▼64%
- Now £7.2k
- Cash at bank
- ▼76%
- Now £3.4k
- Headcount
- —
- Now 2
- Deferred income
- —
- Now £0
- Fixed assets
- ▼25%
- Now £18.5k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 1 Mar 2024 (profit £2.1k), from the Companies House accounts bulk data published Oct 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.