The Picture Patch LtdDissolved
The Picture Patch Ltd made £0 revenue and a £1.6k loss in the year to 14 Mar 2024.
The Picture Patch Ltd’s revenue fell 100% to £0 in the year to 14 Mar 2024, with a loss of £1.6k and 0 employees. We hold 3 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 | 14 Mar 2022 | 14 Mar 2023 | 14 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £2.9k | £3.2k | £0 |
| Profit after tax | −£1.1k | −£1k | −£1.6k |
| Profit (best available) | −£1.1k | −£1k | −£1.6k |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | −36.3% | −31.4% | — |
| Growth (year on year) | |||
| Revenue growth | — | ▲10.1% | ▼100% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | −£1.4k | −£2.4k | −£4.1k |
| Fixed assets | £6.6k | £5.6k | £4.8k |
| Current assets | £8.3k | £1.4k | £0 |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Jan 2025 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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.
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 −£4.1k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼15%
- Now £4.8k
Sources
Latest figures from FullAccounts for the year to 14 Mar 2024 (profit −£1.6k), from the Companies House accounts bulk data published Jan 2025. 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.