Altern8 Solutions Ltd
Registered name: ALTERN8 SOLUTIONS LTD
Altern8 Solutions Ltd made £31.7k revenue and £6.1k profit in the year to 31 Oct 2023.
Altern8 Solutions Ltd’s revenue grew 14% to £31.7k in the year to 31 Oct 2023, with £6.1k profit and 1 employee. The company is classified under “sound recording and music publishing activities” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- London, London
- Age
- 7 yrs · since 2018
- Type
- Private Limited Company
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 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £27.9k | £31.7k |
| Profit after tax | £2.6k | £6.1k |
| Profit (best available) | £2.6k | £6.1k |
| Staff costs | £11.1k | £10.9k |
| Employees (average) | — | 1 |
| Ratios | ||
| Profit margin | 9.3% | 19.3% |
| Revenue per employee | — | £31.7k |
| Profit per employee | — | £6.1k |
| Growth (year on year) | ||
| Revenue growth | — | ▲13.5% |
| Profit growth | — | ▲134.5% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £13k | £16.1k |
| Fixed assets | £6.3k | £7.5k |
| Current assets | £7.3k | £10k |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 |
How the business works
- Profit margin
- 19.3%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £31.7k
- Revenue ÷ average employees.
- Profit per employee
- £6.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 23.7%
- 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
- ▲24%
- Now £16.1k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▲19%
- Now £7.5k
Sources
Latest figures from FullAccounts for the year to 31 Oct 2023 (profit £6.1k), 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.