How much does Elegantly Covered Ltd make?

Elegantly Covered Ltd reported revenue of £489 and £223 profit in the year to 31 May 2023, according to its accounts filed at Companies House.

How many employees does Elegantly Covered Ltd have?

Elegantly Covered Ltd reported an average of 1 employee in the year to 31 May 2023.

Is Elegantly Covered Ltd profitable?

Yes — Elegantly Covered Ltd reported a profit of £223 in the year to 31 May 2023.

Company No. 10771102

Elegantly Covered LtdDissolved

Registered name: ELEGANTLY COVERED LTD

Elegantly Covered Ltd made £489 revenue and £223 profit in the year to 31 May 2023.

Elegantly Covered Ltd’s revenue was £489 in the year to 31 May 2023, with £223 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 May 2023

Key figures

IndependentSmall team

Revenue

£489

Growth —

Profit

£223

Growth —

Profit margin

45.6%

Gross 63.6%

Employees

Change 0%

Profit / employee

£223

Revenue/employee £489

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 May 2022	31 May 2023
Disclosure	No P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£489
Cost of sales	—	£178
Gross profit	—	£311
Operating profit	—	£223
Profit before tax	—	£223
Profit after tax	—	£223
Profit (best available)	—	£223
Employees (average)	1	1
Ratios
Profit margin	—	45.6%
Gross margin	—	63.6%
Revenue per employee	—	£489
Profit per employee	—	£223
Growth (year on year)
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Net assets	£60	£60
Current assets	£180	£180
Source	FullAccounts · bulk data Oct 2023	FullAccounts · bulk data Oct 2023

Derived from the latest filing

How the business works

Profit margin: 45.6%; Profit ÷ revenue.
Gross margin: 63.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £489; Revenue ÷ average employees.
Profit per employee: £223; 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: 0%; Now £60
Cash at bank: —; Now —
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 May 2023 (profit £223), 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.