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Company No. 10938077 · Incorporated 30 Aug 2017

Urban Nu Ltd

Registered name: URBAN NU LTD

Urban Nu Ltd made £1.1m revenue and a £294k loss in the year to 31 Aug 2023.

Urban Nu Ltd’s revenue grew 104% to £1.1m in the year to 31 Aug 2023, with a loss of £294k and 15 employees. The company is classified under “development of building projects” and is based in Chorley; we hold 2 years of its filed accounts.

Status
Liquidation
Location
Chorley, North West
Age
9 yrs · since 2017
Type
Private Limited Company

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.

Latest accounts · year to 31 Aug 2023

Key figures

Independent
Revenue
£1.1m
Growth ▲104.4%
Profit
−£294k
Growth —
Profit margin
−27.2%
 
Employees
15
Change ▲400%
Profit / employee
−£19.6k
Revenue/employee £72.2k
Profitable streak
0yrs
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 to31 Aug 202231 Aug 2023
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£530k£1.1m
Operating profit−£18.9k−£207k
Profit before tax−£18.9k−£207k
Profit after tax−£18.9k−£294k
Profit (best available)−£18.9k−£294k
Staff costs£60.8k£219k
Employees (average)315
Ratios
Profit margin−3.6%−27.2%
Revenue per employee£177k£72.2k
Profit per employee−£6.3k−£19.6k
Growth (year on year)
Revenue growth—▲104.4%
Headcount growth—▲400%
Balance sheet — indirect signals, not revenue
Cash at bank£3.3k£18.1k
Net assets−£114k−£58.4k
Fixed assets£10.9k£1.2m
Current assets£58.3k£265k
Debtors£7.5k£19.7k
SourceAccounts · bulk data Feb 2024Accounts · bulk data Feb 2024
Derived from the latest filing

How the business works

Profit margin
−27.2%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£72.2k
Revenue ÷ average employees.
Profit per employee
−£19.6k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
107.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
1.8%
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
—
Now −£58.4k
Cash at bank
▲455%
Now £18.1k
Headcount
▲400%
Now 15
Deferred income
—
Now —
Fixed assets
▲10567%
Now £1.2m
Same industry, similar size

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Sources

Latest figures from accounts for the year to 31 Aug 2023 (profit −£294k), from the Companies House accounts bulk data published Feb 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.