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Company No. 09054188 · Incorporated 23 May 2014

The W1 London Limited

Registered name: THE W1 LONDON LIMITED

The W1 London Limited made £19.9m revenue and £926k profit in the year to 31 Dec 2022.

The W1 London Limited’s revenue grew 12% to £19.9m in the year to 31 Dec 2022, with £926k profit and 0 employees. The company is classified under “development of building projects” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41100Development of building projects
Status
Liquidation
Location
London, London
Age
12 yrs · since 2014
Type
Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 31 Dec 2022

Key figures

IndependentSmall teamCash flow filed
Revenue
£19.9m
Growth ▲12.3%
Profit
£926k
Growth ▲9.4%
Profit margin
4.6%
Gross 6.9%
Employees
0
Change —
Profit / employee
—
 
Profitable streak
2yrs
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 to31 Dec 202131 Dec 2022
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£17.8m£19.9m
Cost of sales£16.3m£18.6m
Gross profit£1.5m£1.4m
Operating profit£1m£1.2m
Profit before tax£1m£1.2m
Profit after tax£846k£926k
Profit (best available)£846k£926k
Employees (average)00
Ratios
Profit margin4.8%4.6%
Gross margin8.4%6.9%
Cash conversion−52%85.8%
Growth (year on year)
Revenue growth—▲12.3%
Profit growth—▲9.4%
Balance sheet — indirect signals, not revenue
Cash at bank£1.3m£62.2k
Net assets£13.7m£14.6m
Current assets£18.6m£20.5m
Debtors£220k£20.4m
Cash from operations−£543k£997k
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023
Derived from the latest filing

How the business works

Profit margin
4.6%
Profit ÷ revenue.
Gross margin
6.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
—
Profit ÷ average employees.
Cash conversion
85.8%
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
102.4%
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
▲7%
Now £14.6m
Cash at bank
▼95%
Now £62.2k
Headcount
—
Now 0
Deferred income
—
Now —
Fixed assets
—
Now —
Same industry, similar size

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Sources

Latest figures from accounts for the year to 31 Dec 2022 (profit £926k), from the Companies House accounts bulk data published Dec 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.