Cortex CTC LtdDissolved
Registered name: CORTEX CTC LTD
Cortex CTC Ltd made £83.1k revenue and a £15.1k loss in the year to 31 Oct 2024.
Cortex CTC Ltd’s revenue fell 5% to £83.1k in the year to 31 Oct 2024, with a loss of £15.1k and 2 employees. 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 | 31 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £77.4k | £87.5k | £83.1k |
| Profit after tax | −£9.3k | £493 | −£15.1k |
| Profit (best available) | −£9.3k | £493 | −£15.1k |
| Staff costs | £23.3k | £24.8k | £35.1k |
| Employees (average) | — | 3 | 2 |
| Ratios | |||
| Profit margin | −12% | 0.6% | −18.1% |
| Revenue per employee | — | £29.2k | £41.5k |
| Profit per employee | — | £164 | −£7.5k |
| Growth (year on year) | |||
| Revenue growth | — | ▲13% | ▼5% |
| Profit growth | — | — | ▼3157% |
| Headcount growth | — | — | ▼33.3% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | −£53.6k | −£53.1k | −£68.1k |
| Fixed assets | £9.4k | £9.1k | £9.1k |
| Current assets | £29.5k | £31.5k | £23.4k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2025 |
How the business works
- Profit margin
- −18.1%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £41.5k
- Revenue ÷ average employees.
- Profit per employee
- −£7.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 11%
- 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 −£68.1k
- Cash at bank
- —
- Now —
- Headcount
- ▼33%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £9.1k
Sources
Latest figures from FullAccounts for the year to 31 Oct 2024 (profit −£15.1k), from the Companies House accounts bulk data published Mar 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.