How much does Powermend Ltd make?

Powermend Ltd reported revenue of £54k and £988 profit in the year to 30 Jun 2023, according to its accounts filed at Companies House.

How many employees does Powermend Ltd have?

Powermend Ltd reported an average of 0 employees in the year to 30 Jun 2023.

Is Powermend Ltd profitable?

Yes — Powermend Ltd reported a profit of £988 in the year to 30 Jun 2023.

Company No. 11398024 · Incorporated 5 Jun 2018

Powermend Ltd

Registered name: POWERMEND LTD

Powermend Ltd made £54k revenue and £988 profit in the year to 30 Jun 2023.

Powermend Ltd’s revenue grew 17% to £54k in the year to 30 Jun 2023, with £988 profit and 0 employees. The company is classified under “repair of other equipment” and is based in Polegate; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 33190Repair of other equipment SIC 47421Retail sale of mobile telephones

Status: Active - Proposal to Strike off
Location: Polegate, South East
Age: 8 yrs · since 2018
Type: Private Limited Company

Latest accounts · year to 30 Jun 2023

Key figures

IndependentSmall teamOperating leverageDoing more with less

Revenue

£54k

Growth ▲17.4%

Profit

£988

Growth ▲176%

Profit margin

1.8%

Gross 11.8%

Employees

Change ▼100%

Profit / employee

—

Profitable streak

2yrs

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	30 Jun 2022	30 Jun 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£46k	£54k
Cost of sales	£40.8k	£47.7k
Gross profit	£5.2k	£6.3k
Profit before tax	£358	£988
Profit after tax	£358	£988
Profit (best available)	£358	£988
Employees (average)	1	0
Ratios
Profit margin	0.8%	1.8%
Gross margin	11.3%	11.8%
Revenue per employee	£46k	—
Profit per employee	£358	—
Growth (year on year)
Revenue growth	—	▲17.4%
Profit growth	—	▲176%
Headcount growth	—	▼100%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.4k	£2.2k
Net assets	−£6.1k	−£5.1k
Current assets	£9.8k	£9.2k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024

Derived from the latest filing

How the business works

Profit margin: 1.8%; Profit ÷ revenue.
Gross margin: 11.8%; 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: —; 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: —; Now −£5.1k
Cash at bank: ▼8%; Now £2.2k
Headcount: ▼100%; Now 0
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Jun 2023 (profit £988), from the Companies House accounts bulk data published Jun 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.