IT Recover Ltd
Registered name: IT RECOVER LTD
IT Recover Ltd made £11.9k revenue and a £6.8k loss in the year to 30 Mar 2024.
IT Recover Ltd’s revenue grew 47% to £11.9k in the year to 30 Mar 2024, with a loss of £6.8k and 1 employee. The company is classified under “repair of computers and peripheral equipment” and is based in Burntwood; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Burntwood, West Midlands
- Age
- 11 yrs · since 2015
- 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 | 30 Mar 2022 | 30 Mar 2023 | 30 Mar 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £8.1k | £11.9k |
| Profit after tax | — | −£8.4k | −£6.8k |
| Profit (best available) | — | −£8.4k | −£6.8k |
| Staff costs | — | £11.6k | £10.5k |
| Employees (average) | — | 1 | 1 |
| Ratios | |||
| Profit margin | — | −103% | −57% |
| Revenue per employee | — | £8.1k | £11.9k |
| Profit per employee | — | −£8.4k | −£6.8k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲46.5% |
| Headcount growth | — | — | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | £0 | £0 | −£13.1k |
| Fixed assets | £0 | £0 | £0 |
| Current assets | £0 | £0 | £0 |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Nov 2024 |
How the business works
- Profit margin
- −57%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £11.9k
- Revenue ÷ average employees.
- Profit per employee
- −£6.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- 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.
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
- —
- Now −£13.1k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £0
Sources
Latest figures from FullAccounts for the year to 30 Mar 2024 (profit −£6.8k), from the Companies House accounts bulk data published Nov 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.