How much does Better With Money Ltd make?

Better With Money Ltd reported revenue of £180k and £76.5k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Better With Money Ltd have?

Better With Money Ltd reported an average of 3 employees in the year to 31 Dec 2023.

Is Better With Money Ltd profitable?

Yes — Better With Money Ltd reported a profit of £76.5k in the year to 31 Dec 2023.

Company No. 09943881 · Incorporated 11 Jan 2016

Better With Money Ltd

Registered name: BETTER WITH MONEY LTD

Part of Willis Towers Watson Public Limited Company group

Better With Money Ltd made £180k revenue and £76.5k profit in the year to 31 Dec 2023.

Better With Money Ltd’s revenue was £180k in the year to 31 Dec 2023, with £76.5k profit and 3 employees. The company is classified under “financial management” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 70221Financial management

Status: Active
Location: London, London
Age: 10 yrs · since 2016
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2023

Key figures

Small team

Revenue

£180k

Growth —

Profit

£76.5k

Growth —

Profit margin

42.6%

Gross 83.1%

Employees

Change —

Profit / employee

£25.5k

Revenue/employee £59.8k

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 Mar 2023	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£330k	£180k
Cost of sales	£34k	£30.3k
Gross profit	£296k	£149k
Operating profit	£253k	£77k
Profit before tax	£253k	£77k
Profit after tax	£254k	£76.5k
Profit (best available)	£254k	£76.5k
Employees (average)	3	3
Ratios
Profit margin	76.9%	42.6%
Gross margin	89.7%	83.1%
Revenue per employee	£110k	£59.8k
Profit per employee	£84.6k	£25.5k
Balance sheet — indirect signals, not revenue
Cash at bank	£176k	£47.1k
Net assets	£288k	£364k
Current assets	£309k	£402k
Debtors	£131k	£67.3k
Deferred income	£9.2k	£27.2k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: 42.6%; Profit ÷ revenue.
Gross margin: 83.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £59.8k; Revenue ÷ average employees.
Profit per employee: £25.5k; 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: 15.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 37.5%; 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 £364k
Cash at bank: —; Now £47.1k
Headcount: —; Now 3
Deferred income: —; Now £27.2k
Fixed assets: —; Now —

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Willis Towers Watson Public Limited Company (registered outside the UK register)ultimate parent75–100%
Willis Investment UK Holdings Limited75–100%
WTW Cushon Holdings Limited75–100%
Cushon Holdings Limited75–100%
Cushon Group Limited75–100%
Better With Money Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

Cushon MT LimitedRev. £1.7m · Profit −£10.4m
Cushon Money LimitedRev. £219k · Profit £142k

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £76.5k), from the Companies House accounts bulk data published Sep 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.