Ionut Balan 1991 LtdDissolved
Registered name: IONUT BALAN 1991 LTD
Ionut Balan 1991 Ltd made £12.6k revenue and a £2.7k loss in the year to 30 Apr 2024.
Ionut Balan 1991 Ltd’s revenue fell 73% to £12.6k in the year to 30 Apr 2024, with a loss of £2.7k and 1 employee. We hold 3 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 | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £27k | £47.3k | £12.6k |
| Profit after tax | £4.8k | £8.7k | −£2.7k |
| Profit (best available) | £4.8k | £8.7k | −£2.7k |
| Staff costs | £12.1k | £24.3k | £9.4k |
| Employees (average) | — | 2 | 1 |
| Ratios | |||
| Profit margin | 17.9% | 18.3% | −21.6% |
| Revenue per employee | — | £23.6k | £12.6k |
| Profit per employee | — | £4.3k | −£2.7k |
| Growth (year on year) | |||
| Revenue growth | — | ▲74.8% | ▼73.3% |
| Profit growth | — | ▲78.8% | ▼131.6% |
| Headcount growth | — | — | ▼50% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | £4.9k | £13.7k | £6k |
| Current assets | £9k | £25.5k | £6k |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jul 2024 |
How the business works
- Profit margin
- −21.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £12.6k
- Revenue ÷ average employees.
- Profit per employee
- −£2.7k
- 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
- ▼56%
- Now £6k
- Cash at bank
- —
- Now —
- Headcount
- ▼50%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 30 Apr 2024 (profit −£2.7k), 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.