Platinum Skies Reading Ltd
Registered name: PLATINUM SKIES READING LTD
Part of Quantum Group Holdings Ltd groupPlatinum Skies Reading Ltd made £0 revenue and a £133k loss in the year to 31 Jan 2024. read from filing text
Platinum Skies Reading Ltd’s revenue fell 100% to £0 in the year to 31 Jan 2024, with a loss of £133k and 2 employees. The company is classified under “buying and selling of own real estate” and is based in Bournemouth; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Bournemouth, South West
- Age
- 8 yrs · since 2018
- Type
- Private Limited Company
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: “The Company's immediate parent was Platinum Skies Holdings Limited in the year.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2023 | 31 Jan 2024 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £50k | £0 |
| Cost of sales | £169k | £0 |
| Gross profit | −£119k | £0 |
| Operating profit | −£127k | −£133k |
| Profit before tax | −£127k | −£133k |
| Profit after tax | −£127k | −£133k |
| Profit (best available) | −£127k | −£133k |
| Employees (average) | — | 2 |
| Ratios | ||
| Profit margin | −254.9% | — |
| Gross margin | −237.8% | — |
| Revenue per employee | — | £0 |
| Profit per employee | — | −£66.7k |
| Growth (year on year) | ||
| Revenue growth | — | ▼100% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £24.7k | £0 |
| Net assets | −£163k | −£296k |
| Current assets | £3.9m | £4.1m |
| Debtors | £64.3k | £25.8k |
| Source | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2024 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £0
- Revenue ÷ average employees.
- Profit per employee
- −£66.7k
- 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
- —
- 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 −£296k
- Cash at bank
- ▼100%
- Now £0
- Headcount
- —
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Quantum Group Holdings Ltdultimate parent50–75%
- Affordable Housing and Healthcare Group Limited75–100%
- Platinum Skies Reading Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (8)
- Affordable Housing Communities LimitedRev. £11.5m · Profit £1.2m
- Affordable Housing & Healthcare Investment Management LtdRev. £46.6k · Profit £84.2k
- Quantum Homes LimitedRev. £14.7k · Profit £2.6k
- Platinum Skies Crawley LtdRev. £2.7k · Profit −£3.6k
- Affordable Estate Agents LimitedFigures not disclosed
- Affordable Infrastructure UK LtdFigures not disclosed
- Aspire Hotels LtdFigures not disclosed
- Platinum Skies Sherborne Hotel LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Jan 2024 (profit −£133k), from the Companies House accounts bulk data published Oct 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.