How much does TTS2 Limited make?

TTS2 Limited reported revenue of £40.7k and £5.5k profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does TTS2 Limited have?

TTS2 Limited reported an average of 1 employee in the year to 31 Mar 2023.

Is TTS2 Limited profitable?

Yes — TTS2 Limited reported a profit of £5.5k in the year to 31 Mar 2023.

Company No. 10729689

TTS2 LimitedDissolved

Registered name: TTS2 LIMITED

TTS2 Limited made £40.7k revenue and £5.5k profit in the year to 31 Mar 2023.

TTS2 Limited’s revenue was £40.7k in the year to 31 Mar 2023, with £5.5k profit and 1 employee. We hold 2 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 Mar 2023

Key figures

IndependentSmall team

Revenue

£40.7k

Growth —

Profit

£5.5k

Growth —

Profit margin

13.5%

Gross 69.4%

Employees

Change 0%

Profit / employee

£5.5k

Revenue/employee £40.7k

Profitable streak

1yr

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 Mar 2022	31 Mar 2023
Disclosure	No P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£40.7k
Cost of sales	—	£12.4k
Gross profit	—	£28.2k
Operating profit	—	£5.5k
Profit before tax	—	£5.5k
Profit after tax	—	£5.5k
Profit (best available)	—	£5.5k
Employees (average)	1	1
Ratios
Profit margin	—	13.5%
Gross margin	—	69.4%
Revenue per employee	—	£40.7k
Profit per employee	—	£5.5k
Growth (year on year)
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.7k	£17.9k
Net assets	£5.4k	£10.9k
Current assets	£6.3k	£23.8k
Debtors	£3.4k	£5.7k
Deferred income	—	£12k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: 13.5%; Profit ÷ revenue.
Gross margin: 69.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £40.7k; Revenue ÷ average employees.
Profit per employee: £5.5k; 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: 29.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14%; 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: ▲100%; Now £10.9k
Cash at bank: ▲563%; Now £17.9k
Headcount: 0%; Now 1
Deferred income: —; Now £12k
Fixed assets: —; Now —

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2023 (profit £5.5k), from the Companies House accounts bulk data published Dec 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.