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.
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 |
|---|---|---|
| Disclosure | Full P&L | Full 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) | 0 | 0 |
| Ratios | ||
| Profit margin | 4.8% | 4.6% |
| Gross margin | 8.4% | 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 |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 |
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.
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 —
Similar profitable businesses
- Ashgrove Groundworks LtdCaldicot · Development of building projects
- Revenue
- £19.9m
- Profit
- £672k
- Staff
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- Taylor Lindsey LimitedLincoln · Development of building projects
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- Profit
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- Penny Lane Builders LimitedLiverpool · Development of building projects
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- Profit
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- Rosslee Construction LtdAccrington · Development of building projects
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- £19.6m
- Profit
- £1.2m
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- DM Habens (The Builder) LimitedWaterlooville · Development of building projects
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- £20.4m
- Profit
- £468k
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- PCBL LimitedBarnstaple · Development of building projects
- Revenue
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- Profit
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- Staff
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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.