Buzz Apparel LtdDissolved
Buzz Apparel Ltd made £51.1m revenue and £33.6m profit in the year to 31 Dec 2023.
Buzz Apparel Ltd’s revenue grew 42% to £51.1m in the year to 31 Dec 2023, with £33.6m profit and 3 employees. We hold 3 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £35.9m | £51.1m |
| Cost of sales | — | £27.5m | £33.2m |
| Gross profit | — | £8.4m | £17.9m |
| Operating profit | — | £8.2m | £36.1m |
| Profit before tax | — | £9.4m | £37.8m |
| Profit after tax | — | £7.9m | £33.6m |
| Profit (best available) | — | £7.9m | £33.6m |
| Staff costs | — | £0 | £662k |
| Employees (average) | 2 | 2 | 3 |
| Ratios | |||
| Profit margin | — | 22% | 65.8% |
| Gross margin | — | 23.3% | 35% |
| Revenue per employee | — | £17.9m | £17m |
| Profit per employee | — | £3.9m | £11.2m |
| Cash conversion | — | −87.1% | −16.8% |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲42.4% |
| Profit growth | — | — | ▲326.5% |
| Headcount growth | — | 0% | ▲50% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £3.1m | £7.3m | £21.6m |
| Net assets | £1.4m | £5.6m | £35.2m |
| Fixed assets | £4.2k | £3.1k | £3.6k |
| Current assets | £3.8m | £11.8m | £42.9m |
| Debtors | £695k | £4.3m | £7.3m |
| Cash from operations | — | −£7.2m | −£6.1m |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Jul 2024 |
How the business works
- Profit margin
- 65.8%
- Profit ÷ revenue.
- Gross margin
- 35%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £17m
- Revenue ÷ average employees.
- Profit per employee
- £11.2m
- Profit ÷ average employees.
- Cash conversion
- −16.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.2%
- 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
- ▲532%
- Now £35.2m
- Cash at bank
- ▲195%
- Now £21.6m
- Headcount
- ▲50%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- ▲15%
- Now £3.6k
Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £33.6m), 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.