Ive Solutions LtdDissolved
Registered name: IVE SOLUTIONS LTD
Ive Solutions Ltd made £76.4k revenue and a £17.9k loss in the year to 31 Oct 2023.
Ive Solutions Ltd’s revenue fell 17% to £76.4k in the year to 31 Oct 2023, with a loss of £17.9k and 3 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 Oct 2022 | 31 Oct 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £92.1k | £76.4k |
| Cost of sales | £70.1k | £49.3k |
| Gross profit | £22k | £27k |
| Operating profit | −£26.7k | −£17.9k |
| Profit before tax | −£26.7k | −£17.9k |
| Profit after tax | −£26.7k | −£17.9k |
| Profit (best available) | −£26.7k | −£17.9k |
| Employees (average) | 4 | 3 |
| Ratios | ||
| Profit margin | −28.9% | −23.4% |
| Gross margin | 23.9% | 35.4% |
| Revenue per employee | £23k | £25.5k |
| Profit per employee | −£6.7k | −£6k |
| Growth (year on year) | ||
| Revenue growth | — | ▼17.1% |
| Headcount growth | — | ▼25% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1k | £851 |
| Net assets | −£76.5k | −£95.3k |
| Fixed assets | £14.9k | £14.1k |
| Current assets | £4.4k | £851 |
| Debtors | £3.4k | — |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 |
How the business works
- Profit margin
- −23.4%
- Profit ÷ revenue.
- Gross margin
- 35.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £25.5k
- Revenue ÷ average employees.
- Profit per employee
- −£6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 18.5%
- 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
- —
- Now −£95.3k
- Cash at bank
- ▼15%
- Now £851
- Headcount
- ▼25%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- ▼5%
- Now £14.1k
Sources
Latest figures from FullAccounts for the year to 31 Oct 2023 (profit −£17.9k), 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.