How much does Me Expert Limited make?

Me Expert Limited reported revenue of £15.9m and a loss of £1.7m in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does Me Expert Limited have?

Me Expert Limited reported an average of 67 employees in the year to 31 Dec 2022.

Is Me Expert Limited profitable?

No — Me Expert Limited reported a loss of £1.7m in the year to 31 Dec 2022.

Company No. 10120411 · Incorporated 12 Apr 2016

Me Expert Limited

Registered name: ME EXPERT LIMITED

Part of Credico Holdings Limited group

Me Expert Limited made £15.9m revenue and a £1.7m loss in the year to 31 Dec 2022. read from filing text

Me Expert Limited’s revenue grew 31% to £15.9m in the year to 31 Dec 2022, with a loss of £1.7m and 67 employees. The company is classified under “other service activities” and is based in Chester; we hold 2 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 96090Other service activities n.e.c.

Status: Active
Location: Chester, North West
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 2022

Key figures

Capital-lightDoing more with less

Revenue

£15.9m

Growth ▲30.7%

Profit

−£1.7m

Growth —

Profit margin

−10.5%

Gross 4.3%

Employees

Change ▼23.9%

Profit / employee

−£25k

Revenue/employee £238k

Profitable streak

0yrs

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 Dec 2021	31 Dec 2022
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£12.2m	£15.9m
Cost of sales	£10.5m	£15.3m
Gross profit	£1.7m	£680k
Operating profit	−£1.5m	−£1.7m
Profit before tax	−£1.5m	−£1.7m
Profit after tax	−£1.7m	−£1.7m
Profit (best available)	−£1.7m	−£1.7m
Staff costs	£2.8m	£2.2m
Employees (average)	88	67
Ratios
Profit margin	−14.1%	−10.5%
Gross margin	13.7%	4.3%
Revenue per employee	£139k	£238k
Profit per employee	−£19.6k	−£25k
Growth (year on year)
Revenue growth	—	▲30.7%
Headcount growth	—	▼23.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£287k	£342k
Net assets	−£1.2m	−£2.9m
Fixed assets	£1.3m	£1m
Current assets	£2.9m	£2.5m
Debtors	£1.2m	£218k
Deferred income	£1m	£0
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: −10.5%; Profit ÷ revenue.
Gross margin: 4.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £238k; Revenue ÷ average employees.
Profit per employee: −£25k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 6.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.4%; 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 −£2.9m
Cash at bank: ▲19%; Now £342k
Headcount: ▼24%; Now 67
Deferred income: ▼100%; Now £0
Fixed assets: ▼20%; Now £1m

Corporate ownership

Group structure

Ownership chain

Credico Holdings Limitedultimate parent75–100%
Me Expert Limitedthis company

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

Sister companies (2)

Gather Campaigns LimitedFigures not disclosed
Quadrant Business Services LimitedFigures not disclosed

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 accounts for the year to 31 Dec 2022 (profit −£1.7m), from the Companies House accounts bulk data published Dec 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.