Cove 17 Ltd
Registered name: COVE 17 LTD
Cove 17 Ltd made £80.2k revenue and £926 profit in the year to 30 Nov 2025.
Cove 17 Ltd’s revenue was £80.2k in the year to 30 Nov 2025, with £926 profit and 0 employees. The company is classified under “other service activities” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 8 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 | 30 Nov 2022 | 30 Nov 2023 | 30 Nov 2024 | 30 Nov 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £82.6k | £78.6k | £80.1k | £80.2k |
| Cost of sales | £40.7k | £39.5k | £44.4k | £43.4k |
| Gross profit | £41.9k | £39.1k | £35.7k | £36.8k |
| Operating profit | £13.3k | £6.7k | £6.5k | £1.8k |
| Profit before tax | £12.6k | £6k | £5.9k | £1.3k |
| Profit after tax | £10.5k | £4.8k | £4.7k | £926 |
| Profit (best available) | £10.5k | £4.8k | £4.7k | £926 |
| Employees (average) | 2 | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | 12.7% | 6.1% | 5.8% | 1.1% |
| Gross margin | 50.7% | 49.8% | 44.5% | 45.9% |
| Revenue per employee | £41.3k | — | — | — |
| Profit per employee | £5.3k | — | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▼4.9% | ▲1.9% | ▲0.2% |
| Profit growth | — | ▼54.5% | ▼2.6% | ▼80.1% |
| Headcount growth | — | ▼100% | — | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £12k | £2.3k | £2.5k | £1k |
| Net assets | £14.1k | £13.6k | £12.9k | £12k |
| Fixed assets | £1.6k | £1.1k | £560 | — |
| Deferred income | — | £600 | £600 | £600 |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 1.1%
- Profit ÷ revenue.
- Gross margin
- 45.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.8%
- 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
- ▼7%
- Now £12k
- Cash at bank
- ▼58%
- Now £1k
- Headcount
- —
- Now 0
- Deferred income
- 0%
- Now £600
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £926), from the Companies House accounts bulk data published Aug 2026. 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.