Cool Company Freelance UK LimitedDissolved
Cool Company Freelance UK Limited made £2.3m revenue and a £264k loss in the year to 31 Dec 2024.
Cool Company Freelance UK Limited’s revenue fell 21% to £2.3m in the year to 31 Dec 2024, with a loss of £264k and 33 employees. We hold 3 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Cool Company Skandinavien AB”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £3.7m | £2.9m | £2.3m |
| Cost of sales | £3.7m | £2.8m | £2.3m |
| Gross profit | £57.1k | £64.4k | £47.8k |
| Profit before tax | −£344k | −£554k | −£264k |
| Profit after tax | −£344k | −£554k | −£264k |
| Profit (best available) | −£344k | −£554k | −£264k |
| Employees (average) | 64 | 43 | 33 |
| Ratios | |||
| Profit margin | −9.3% | −19% | −11.5% |
| Gross margin | 1.5% | 2.2% | 2.1% |
| Revenue per employee | £58k | £67.7k | £69.9k |
| Profit per employee | −£5.4k | −£12.9k | −£8k |
| Growth (year on year) | |||
| Revenue growth | — | ▼21.5% | ▼20.8% |
| Headcount growth | — | ▼32.8% | ▼23.3% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £81.7k | £81.1k | £40.8k |
| Net assets | £145k | £41k | −£223k |
| Current assets | £852k | £391k | £249k |
| Debtors | £64.8k | £70.7k | £109k |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2025 |
How the business works
- Profit margin
- −11.5%
- Profit ÷ revenue.
- Gross margin
- 2.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £69.9k
- Revenue ÷ average employees.
- Profit per employee
- −£8k
- 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
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.8%
- 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
- ▼643%
- Now −£223k
- Cash at bank
- ▼50%
- Now £40.8k
- Headcount
- ▼23%
- Now 33
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£264k), from the Companies House accounts bulk data published Feb 2025. 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.