How much does The Loom Lounge Limited make?

The Loom Lounge Limited reported revenue of £126k and a loss of £358 in the year to 31 Aug 2023, according to its accounts filed at Companies House.

How many employees does The Loom Lounge Limited have?

The Loom Lounge Limited reported an average of 3 employees in the year to 31 Aug 2023.

Is The Loom Lounge Limited profitable?

No — The Loom Lounge Limited reported a loss of £358 in the year to 31 Aug 2023.

Company No. 10313578 · Incorporated 4 Aug 2016

The Loom Lounge Limited

Registered name: THE LOOM LOUNGE LIMITED

The Loom Lounge Limited made £126k revenue and a £358 loss in the year to 31 Aug 2023.

The Loom Lounge Limited’s revenue grew 73% to £126k in the year to 31 Aug 2023, with a loss of £358 and 3 employees. The company is classified under “unlicensed restaurants and cafes” and is based in Nelson; we hold 2 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56102Unlicensed restaurants and cafes

Status: Liquidation
Location: Nelson, North West
Age: 10 yrs · since 2016
Type: Private Limited Company

Latest accounts · year to 31 Aug 2023

Key figures

IndependentSmall teamCapital-light

Revenue

£126k

Growth ▲73.2%

Profit

−£358

Growth —

Profit margin

−0.3%

Employees

Change —

Profit / employee

−£119

Revenue/employee £41.9k

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 Aug 2022	31 Aug 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£72.6k	£126k
Profit after tax	−£40.1k	−£358
Profit (best available)	−£40.1k	−£358
Staff costs	£8.5k	£58.6k
Employees (average)	—	3
Ratios
Profit margin	−55.3%	−0.3%
Revenue per employee	—	£41.9k
Profit per employee	—	−£119
Growth (year on year)
Revenue growth	—	▲73.2%
Balance sheet — indirect signals, not revenue
Net assets	−£78.3k	−£16.2k
Fixed assets	£15.1k	£11k
Current assets	£35.7k	£914
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024

Derived from the latest filing

How the business works

Profit margin: −0.3%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £41.9k; Revenue ÷ average employees.
Profit per employee: −£119; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 8.7%; 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.

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 −£16.2k
Cash at bank: —; Now —
Headcount: —; Now 3
Deferred income: —; Now —
Fixed assets: ▼27%; Now £11k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Aug 2023 (profit −£358), from the Companies House accounts bulk data published May 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.