Future Vision Engineering Services Limited
Registered name: FUTURE VISION ENGINEERING SERVICES LIMITED
Future Vision Engineering Services Limited made £2.1k revenue and a £4.5k loss in the year to 31 Mar 2023.
Future Vision Engineering Services Limited’s revenue fell 96% to £2.1k in the year to 31 Mar 2023, with a loss of £4.5k and 1 employee. The company is classified under “sound recording and music publishing activities” and is based in Stourbridge; we hold 2 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Stourbridge, West Midlands
- 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 Mar 2022 | 31 Mar 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £53.5k | £2.1k |
| Cost of sales | £25.8k | £52 |
| Gross profit | £27.7k | £2k |
| Operating profit | £6.1k | −£4.5k |
| Profit before tax | £6.1k | −£4.5k |
| Profit after tax | £5k | −£4.5k |
| Profit (best available) | £5k | −£4.5k |
| Employees (average) | 1 | 1 |
| Ratios | ||
| Profit margin | 9.3% | −218.8% |
| Gross margin | 51.8% | 97.5% |
| Revenue per employee | £53.5k | £2.1k |
| Profit per employee | £5k | −£4.5k |
| Growth (year on year) | ||
| Revenue growth | — | ▼96.1% |
| Profit growth | — | ▼191.8% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £32.1k | £32k |
| Net assets | £1 | −£4.5k |
| Fixed assets | £4.6k | £0 |
| Current assets | £32.1k | £32k |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 |
How the business works
- Profit margin
- −218.8%
- Profit ÷ revenue.
- Gross margin
- 97.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £2.1k
- Revenue ÷ average employees.
- Profit per employee
- −£4.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- 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
- ▼454800%
- Now −£4.5k
- Cash at bank
- ▼0%
- Now £32k
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▼100%
- Now £0
Sources
Latest figures from FullAccounts for the year to 31 Mar 2023 (profit −£4.5k), 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.