Downoak LimitedDissolved
Registered name: DOWNOAK LIMITED
Downoak Limited made £7.3m revenue and £795k profit in the year to 2 Jul 2023.
Downoak Limited’s revenue fell 1% to £7.3m in the year to 2 Jul 2023, with £795k profit and 154 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 3 Jul 2022 | 2 Jul 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £7.4m | £7.3m |
| Cost of sales | £4.2m | £4.3m |
| Gross profit | £3.1m | £3.1m |
| Operating profit | £1.9m | £1m |
| Profit before tax | £1.6m | £795k |
| Profit after tax | £1.6m | £795k |
| Profit (best available) | £1.6m | £795k |
| Staff costs | £2.6m | £2.5m |
| Employees (average) | 160 | 154 |
| Ratios | ||
| Profit margin | 21.9% | 10.9% |
| Gross margin | 42.4% | 41.9% |
| Revenue per employee | £46k | £47.5k |
| Profit per employee | £10.1k | £5.2k |
| Growth (year on year) | ||
| Revenue growth | — | ▼0.6% |
| Profit growth | — | ▼50.6% |
| Headcount growth | — | ▼3.8% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £11.8k | £9.2k |
| Net assets | £7.5m | £8.3m |
| Fixed assets | £11.3m | £11.2m |
| Current assets | £2m | £2.8m |
| Debtors | £1.9m | £2.7m |
| Deferred income | £306k | £277k |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 |
How the business works
- Profit margin
- 10.9%
- Profit ÷ revenue.
- Gross margin
- 41.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £47.5k
- Revenue ÷ average employees.
- Profit per employee
- £5.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 153.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 37.1%
- 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
- ▲11%
- Now £8.3m
- Cash at bank
- ▼22%
- Now £9.2k
- Headcount
- ▼4%
- Now 154
- Deferred income
- ▼10%
- Now £277k
- Fixed assets
- ▼1%
- Now £11.2m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Sources
Latest figures from FullAccounts for the year to 2 Jul 2023 (profit £795k), 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.