How much does Reinventing the Local Limited make?

Reinventing the Local Limited reported revenue of £73.8k and a loss of £18 in the year to 31 Oct 2023, according to its accounts filed at Companies House.

How many employees does Reinventing the Local Limited have?

Reinventing the Local Limited reported an average of 2 employees in the year to 31 Oct 2023.

Is Reinventing the Local Limited profitable?

No — Reinventing the Local Limited reported a loss of £18 in the year to 31 Oct 2023.

Company No. 11038914

Reinventing the Local LimitedDissolved

Registered name: REINVENTING THE LOCAL LIMITED

Reinventing the Local Limited made £73.8k revenue and a £18 loss in the year to 31 Oct 2023.

Reinventing the Local Limited’s revenue grew 132% to £73.8k in the year to 31 Oct 2023, with a loss of £18 and 2 employees. 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 Oct 2023

Key figures

IndependentSmall team

Revenue

£73.8k

Growth ▲131.9%

Profit

−£18

Growth —

Profit margin

Employees

Change —

Profit / employee

−£9

Revenue/employee £36.9k

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 to	31 Oct 2022	31 Oct 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£31.8k	£73.8k
Profit after tax	−£10.2k	−£18
Profit (best available)	−£10.2k	−£18
Staff costs	£19.8k	£15.9k
Employees (average)	—	2
Ratios
Profit margin	−32.1%	0%
Revenue per employee	—	£36.9k
Profit per employee	—	−£9
Growth (year on year)
Revenue growth	—	▲131.9%
Balance sheet — indirect signals, not revenue
Net assets	£1.7k	−£6.1k
Fixed assets	£6.6k	£9.4k
Current assets	£4.8k	£1.7k
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024

Derived from the latest filing

How the business works

Profit margin: 0%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £36.9k; Revenue ÷ average employees.
Profit per employee: −£9; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 12.7%; 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: ▼464%; Now −£6.1k
Cash at bank: —; Now —
Headcount: —; Now 2
Deferred income: —; Now —
Fixed assets: ▲43%; Now £9.4k

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2023 (profit −£18), from the Companies House accounts bulk data published Jul 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.