Platinum Skies Management LtdDissolved
Platinum Skies Management Ltd made £3.9m revenue and £86.5k profit in the year to 31 Jan 2024. read from filing text
Platinum Skies Management Ltd’s revenue grew 15% to £3.9m in the year to 31 Jan 2024, with £86.5k profit and 0 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The Company's immediate parent undertaking became Affordable Housing and Healthcare Group Limited during the year. The ultimate parent undertaking is Quantum Group Holdings Ltd, which prepares group f”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2023 | 31 Jan 2024 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £3.4m | £3.9m |
| Cost of sales | £129k | £147k |
| Gross profit | £3.3m | £3.8m |
| Profit before tax | £583k | £86.5k |
| Profit after tax | £583k | £86.5k |
| Profit (best available) | £583k | £86.5k |
| Employees (average) | — | 0 |
| Ratios | ||
| Profit margin | 17% | 2.2% |
| Gross margin | 96.2% | 96.3% |
| Growth (year on year) | ||
| Revenue growth | — | ▲14.8% |
| Profit growth | — | ▼85.2% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.5m | £853k |
| Net assets | £123k | £209k |
| Fixed assets | £5k | £0 |
| Current assets | £4.2m | £1.1m |
| Debtors | £85.8k | £4.9k |
| Source | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2024 |
How the business works
- Profit margin
- 2.2%
- Profit ÷ revenue.
- Gross margin
- 96.3%
- 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
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.1%
- 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
- ▲71%
- Now £209k
- Cash at bank
- ▼43%
- Now £853k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼100%
- Now £0
Sources
Latest figures from FullAccounts for the year to 31 Jan 2024 (profit £86.5k), from the Companies House accounts bulk data published Nov 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.