Veritas Cozy Homes Ltd
Registered name: VERITAS COZY HOMES LTD
Veritas Cozy Homes Ltd made £6k revenue and a £5.6k loss in the year to 31 Jul 2023.
Veritas Cozy Homes Ltd’s revenue fell 58% to £6k in the year to 31 Jul 2023, with a loss of £5.6k and 2 employees. The company is classified under “other letting and operating of own or leased real estate” and is based in Nottingham; we hold 2 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Nottingham, East Midlands
- Age
- 9 yrs · since 2017
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jul 2022 | 31 Jul 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £14.4k | £6k |
| Profit after tax | £726 | −£5.6k |
| Profit (best available) | £726 | −£5.6k |
| Staff costs | £12k | £11.5k |
| Employees (average) | — | 2 |
| Ratios | ||
| Profit margin | 5% | −93.2% |
| Revenue per employee | — | £3k |
| Profit per employee | — | −£2.8k |
| Growth (year on year) | ||
| Revenue growth | — | ▼58.3% |
| Profit growth | — | ▼870.5% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £4.1k | £2.5k |
| Fixed assets | £86.1k | £97.6k |
| Current assets | £757 | £9.3k |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 |
How the business works
- Profit margin
- −93.2%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £3k
- Revenue ÷ average employees.
- Profit per employee
- −£2.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1627%
- 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
- ▼39%
- Now £2.5k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- ▲13%
- Now £97.6k
Sources
Latest figures from FullAccounts for the year to 31 Jul 2023 (profit −£5.6k), from the Companies House accounts bulk data published Jun 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.