Olubiyi Thomas Limited
Registered name: OLUBIYI THOMAS LIMITED
Olubiyi Thomas Limited made £87.5k revenue and £8.3k profit in the year to 31 Jul 2023.
Olubiyi Thomas Limited’s revenue fell 25% to £87.5k in the year to 31 Jul 2023, with £8.3k profit and 1 employee. The company is classified under “manufacture of other men's outerwear” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- London, London
- Age
- 10 yrs · since 2016
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jul 2022 | 31 Jul 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £117k | £87.5k |
| Profit after tax | £7.1k | £8.3k |
| Profit (best available) | £7.1k | £8.3k |
| Staff costs | £8.8k | £16.6k |
| Employees (average) | — | 1 |
| Ratios | ||
| Profit margin | 6.1% | 9.5% |
| Revenue per employee | — | £87.5k |
| Profit per employee | — | £8.3k |
| Growth (year on year) | ||
| Revenue growth | — | ▼25.1% |
| Profit growth | — | ▲16% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £103k | £105k |
| Fixed assets | £2.8k | £2.8k |
| Current assets | £106k | £108k |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 |
How the business works
- Profit margin
- 9.5%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £87.5k
- Revenue ÷ average employees.
- Profit per employee
- £8.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.1%
- 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
- ▲2%
- Now £105k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £2.8k
Sources
Latest figures from FullAccounts for the year to 31 Jul 2023 (profit £8.3k), from the Companies House accounts bulk data published Oct 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.