Shearwater Homes LtdDissolved
Shearwater Homes Ltd made £7.7k revenue and a £1.5k loss in the year to 31 Mar 2024.
Shearwater Homes Ltd’s revenue fell 82% to £7.7k in the year to 31 Mar 2024, with a loss of £1.5k and 1 employee. 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 | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £30.5k | £43.5k | £7.7k |
| Cost of sales | £21.2k | £28.3k | £1k |
| Gross profit | £9.4k | £15.2k | £6.7k |
| Profit before tax | −£5.2k | £1.4k | −£1.5k |
| Profit after tax | −£5.2k | £1.4k | −£1.5k |
| Profit (best available) | −£5.2k | £1.4k | −£1.5k |
| Employees (average) | 1 | 1 | 1 |
| Ratios | |||
| Profit margin | −16.9% | 3.3% | −20% |
| Gross margin | 30.7% | 35% | 86.6% |
| Revenue per employee | £30.5k | £43.5k | £7.7k |
| Profit per employee | −£5.2k | £1.4k | −£1.5k |
| Growth (year on year) | |||
| Revenue growth | — | ▲42.6% | ▼82.3% |
| Profit growth | — | — | ▼207% |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | £105 | £1.5k | £3 |
| Fixed assets | £642k | £656k | — |
| Debtors | — | — | £3 |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- −20%
- Profit ÷ revenue.
- Gross margin
- 86.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £7.7k
- Revenue ÷ average employees.
- Profit per employee
- −£1.5k
- 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
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▼100%
- Now £3
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit −£1.5k), from the Companies House accounts bulk data published Dec 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.