How much does The First Adhesives Limited make?

The First Adhesives Limited reported revenue of £62.9k and £631 profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does The First Adhesives Limited have?

The First Adhesives Limited reported an average of 1 employee in the year to 31 Dec 2023.

Is The First Adhesives Limited profitable?

Yes — The First Adhesives Limited reported a profit of £631 in the year to 31 Dec 2023.

Company No. 10536588

The First Adhesives LimitedDissolved

Registered name: THE FIRST ADHESIVES LIMITED

The First Adhesives Limited made £62.9k revenue and £631 profit in the year to 31 Dec 2023.

The First Adhesives Limited’s revenue grew 53% to £62.9k in the year to 31 Dec 2023, with £631 profit and 1 employee. We hold 3 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Last filed accounts · year to 31 Dec 2023

Key figures

IndependentSmall team

Revenue

£62.9k

Growth ▲53.3%

Profit

£631

Growth ▼76.6%

Profit margin

Gross 26.1%

Employees

Change 0%

Profit / employee

£631

Revenue/employee £62.9k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£31.6k	£41k	£62.9k
Cost of sales	£21.6k	£28.6k	£46.5k
Gross profit	£10k	£12.4k	£16.4k
Operating profit	£3.7k	£3.3k	£789
Profit before tax	£3.7k	£3.3k	£789
Profit after tax	£3k	£2.7k	£631
Profit (best available)	£3k	£2.7k	£631
Employees (average)	1	1	1
Ratios
Profit margin	9.5%	6.6%	1%
Gross margin	31.7%	30.3%	26.1%
Revenue per employee	£31.6k	£41k	£62.9k
Profit per employee	£3k	£2.7k	£631
Growth (year on year)
Revenue growth	—	▲29.7%	▲53.3%
Profit growth	—	▼9.9%	▼76.6%
Headcount growth	—	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.1k	£347	£168
Net assets	£18.8k	£21.5k	£22.1k
Current assets	£27.4k	£30.1k	£38k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: 1%; Profit ÷ revenue.
Gross margin: 26.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £62.9k; Revenue ÷ average employees.
Profit per employee: £631; 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: —; 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: ▲3%; Now £22.1k
Cash at bank: ▼52%; Now £168
Headcount: 0%; Now 1
Deferred income: —; Now —
Fixed assets: —; Now —

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £631), from the Companies House accounts bulk data published Sep 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.