Affordable Administration LtdDissolved
Registered name: AFFORDABLE ADMINISTRATION LTD
Affordable Administration Ltd made £21.6k revenue and £4.4k profit in the year to 31 Aug 2023.
Affordable Administration Ltd’s revenue fell 10% to £21.6k in the year to 31 Aug 2023, with £4.4k profit and 2 employees. We hold 2 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 | 31 Aug 2022 | 31 Aug 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £24k | £21.6k |
| Profit after tax | £4.8k | £4.4k |
| Profit (best available) | £4.8k | £4.4k |
| Staff costs | £16.5k | £14.5k |
| Employees (average) | — | 2 |
| Ratios | ||
| Profit margin | 20.1% | 20.2% |
| Revenue per employee | — | £10.8k |
| Profit per employee | — | £2.2k |
| Growth (year on year) | ||
| Revenue growth | — | ▼10.1% |
| Profit growth | — | ▼9.8% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £1.6k | −£82 |
| Current assets | £2.5k | £353 |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 |
How the business works
- Profit margin
- 20.2%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £10.8k
- Revenue ÷ average employees.
- Profit per employee
- £2.2k
- 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
- ▼105%
- Now −£82
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Aug 2023 (profit £4.4k), from the Companies House accounts bulk data published Oct 2023. 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.