Ternion Services LtdDissolved
Registered name: TERNION SERVICES LTD
Ternion Services Ltd made £12.5k revenue and a £754 loss in the year to 31 Mar 2023.
Ternion Services Ltd’s revenue fell 52% to £12.5k in the year to 31 Mar 2023, with a loss of £754 and 2 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £25.7k | £12.5k |
| Profit after tax | £19.8k | −£754 |
| Profit (best available) | £19.8k | −£754 |
| Staff costs | £985 | £12.6k |
| Employees (average) | — | 2 |
| Ratios | ||
| Profit margin | 77.2% | −6% |
| Revenue per employee | — | £6.2k |
| Profit per employee | — | −£377 |
| Growth (year on year) | ||
| Revenue growth | — | ▼51.5% |
| Profit growth | — | ▼103.8% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £42.9k | £37.8k |
| Fixed assets | £332 | £20 |
| Current assets | £57k | £37.8k |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 |
How the business works
- Profit margin
- −6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £6.2k
- Revenue ÷ average employees.
- Profit per employee
- −£377
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.2%
- 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.
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
- ▼12%
- Now £37.8k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- ▼94%
- Now £20
Sources
Latest figures from FullAccounts for the year to 31 Mar 2023 (profit −£754), from the Companies House accounts bulk data published Jan 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.