IT Training Academy LtdDissolved
Registered name: IT TRAINING ACADEMY LTD
IT Training Academy Ltd made £51.5k revenue and a £20.9k loss in the year to 31 Mar 2023.
IT Training Academy Ltd’s revenue fell 88% to £51.5k in the year to 31 Mar 2023, with a loss of £20.9k and 2 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 | 31 Mar 2022 | 31 Mar 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £419k | £51.5k |
| Profit after tax | £300k | −£20.9k |
| Profit (best available) | £300k | −£20.9k |
| Staff costs | £22k | £22k |
| Employees (average) | — | 2 |
| Ratios | ||
| Profit margin | 71.8% | −40.6% |
| Revenue per employee | — | £25.7k |
| Profit per employee | — | −£10.5k |
| Growth (year on year) | ||
| Revenue growth | — | ▼87.7% |
| Profit growth | — | ▼107% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £26.1k | £5.1k |
| Fixed assets | £7.3k | £2.2k |
| Current assets | £88.3k | £2.9k |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 |
How the business works
- Profit margin
- −40.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £25.7k
- Revenue ÷ average employees.
- Profit per employee
- −£10.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.3%
- 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
- ▼80%
- Now £5.1k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- ▼69%
- Now £2.2k
Sources
Latest figures from FullAccounts for the year to 31 Mar 2023 (profit −£20.9k), from the Companies House accounts bulk data published Oct 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.