How much does Offiserve Medway Limited make?

Offiserve Medway Limited reported revenue of £58.8k and £18.9k profit in the year to 30 Sep 2023, according to its accounts filed at Companies House.

How many employees does Offiserve Medway Limited have?

Offiserve Medway Limited reported an average of 0 employees in the year to 30 Sep 2023.

Is Offiserve Medway Limited profitable?

Yes — Offiserve Medway Limited reported a profit of £18.9k in the year to 30 Sep 2023.

Company No. 10180153 · Incorporated 13 May 2016

Offiserve Medway Limited

Registered name: OFFISERVE MEDWAY LIMITED

Offiserve Medway Limited made £58.8k revenue and £18.9k profit in the year to 30 Sep 2023.

Offiserve Medway Limited’s revenue grew 20% to £58.8k in the year to 30 Sep 2023, with £18.9k profit and 0 employees. The company is classified under “other letting and operating of own or leased real estate” and is based in Rochester; we hold 2 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68209Other letting and operating of own or leased real estate

Status: Active
Location: Rochester, South East
Age: 10 yrs · since 2016
Type: Private Limited Company

Latest accounts · year to 30 Sep 2023

Key figures

IndependentSmall teamOperating leverage

Revenue

£58.8k

Growth ▲19.6%

Profit

£18.9k

Growth ▲855.1%

Profit margin

32.1%

Gross 47.8%

Employees

Change —

Profit / employee

—

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	30 Sep 2022	30 Sep 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£49.2k	£58.8k
Cost of sales	£40k	£30.7k
Gross profit	£9.2k	£28.1k
Operating profit	£2k	£22.9k
Profit before tax	£2k	£22.9k
Profit after tax	£2k	£18.9k
Profit (best available)	£2k	£18.9k
Employees (average)	—	0
Ratios
Profit margin	4%	32.1%
Gross margin	18.7%	47.8%
Growth (year on year)
Revenue growth	—	▲19.6%
Profit growth	—	▲855.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.8k	£1.3k
Net assets	£33.4k	£30.4k
Fixed assets	£38k	£38k
Current assets	£14.2k	£9.4k
Debtors	£9.4k	£8.1k
Deferred income	£8.5k	£4.2k
Source	Accounts · bulk data Jun 2024	Accounts · bulk data Jun 2024

Derived from the latest filing

How the business works

Profit margin: 32.1%; Profit ÷ revenue.
Gross margin: 47.8%; 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: 64.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 7.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.8%; 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: ▼9%; Now £30.4k
Cash at bank: ▼72%; Now £1.3k
Headcount: —; Now 0
Deferred income: ▼51%; Now £4.2k
Fixed assets: 0%; Now £38k

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 30 Sep 2023 (profit £18.9k), from the Companies House accounts bulk data published Jun 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.