How much does Wit Informatics Limited make?

Wit Informatics Limited reported revenue of £97.2k and £38.6k profit in the year to 31 Jul 2023, according to its accounts filed at Companies House.

How many employees does Wit Informatics Limited have?

Wit Informatics Limited reported an average of 1 employee in the year to 31 Jul 2023.

Is Wit Informatics Limited profitable?

Yes — Wit Informatics Limited reported a profit of £38.6k in the year to 31 Jul 2023.

Company No. 09709389

Wit Informatics LimitedDissolved

Registered name: WIT INFORMATICS LIMITED

Wit Informatics Limited made £97.2k revenue and £38.6k profit in the year to 31 Jul 2023.

Wit Informatics Limited’s revenue grew 8% to £97.2k in the year to 31 Jul 2023, with £38.6k profit and 1 employee. We hold 2 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Last filed accounts · year to 31 Jul 2023

Key figures

IndependentSmall teamOperating leverage

Revenue

£97.2k

Growth ▲7.7%

Profit

£38.6k

Growth ▲309.1%

Profit margin

39.7%

Employees

Change —

Profit / employee

£38.6k

Revenue/employee £97.2k

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 to	31 Jul 2022	31 Jul 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£90.3k	£97.2k
Profit after tax	£9.4k	£38.6k
Profit (best available)	£9.4k	£38.6k
Staff costs	£50.3k	£50.3k
Employees (average)	—	1
Ratios
Profit margin	10.4%	39.7%
Revenue per employee	—	£97.2k
Profit per employee	—	£38.6k
Growth (year on year)
Revenue growth	—	▲7.7%
Profit growth	—	▲309.1%
Balance sheet — indirect signals, not revenue
Net assets	−£52.1k	−£14k
Current assets	£27.4k	£54.7k
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024

Derived from the latest filing

How the business works

Profit margin: 39.7%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £97.2k; Revenue ÷ average employees.
Profit per employee: £38.6k; Profit ÷ average employees.
Cash conversion: —; 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: —; 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: —; Now −£14k
Cash at bank: —; Now —
Headcount: —; Now 1
Deferred income: —; Now —
Fixed assets: —; Now —

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jul 2023 (profit £38.6k), from the Companies House accounts bulk data published May 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.