Commission Reduction Ltd
Registered name: COMMISSION REDUCTION LTD
Commission Reduction Ltd made £250k revenue and £146k profit in the year to 31 Jan 2024.
Commission Reduction Ltd’s revenue was £250k in the year to 31 Jan 2024, with £146k profit and 2 employees. The company is classified under “activities of other holding companies” and is based in Cardiff; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Cardiff, Wales
- Age
- 7 yrs · since 2019
- Type
- Private Limited Company
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 Jan 2022 | 31 Jan 2023 | 31 Jan 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £0 | £250k |
| Cost of sales | — | £0 | — |
| Gross profit | — | £0 | £250k |
| Operating profit | — | £0 | £146k |
| Profit before tax | — | £0 | £146k |
| Profit after tax | — | £0 | £146k |
| Profit (best available) | — | £0 | £146k |
| Employees (average) | 1 | 1 | 2 |
| Ratios | |||
| Profit margin | — | — | 58.3% |
| Gross margin | — | — | 100% |
| Revenue per employee | — | £0 | £125k |
| Profit per employee | — | £0 | £72.9k |
| Growth (year on year) | |||
| Headcount growth | — | 0% | ▲100% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £22k | £0 | £146k |
| Net assets | −£28k | −£50k | £109k |
| Fixed assets | £0 | £0 | £7.9k |
| Current assets | £22k | £0 | £195k |
| Debtors | — | £0 | £49.5k |
| Deferred income | — | £0 | — |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Feb 2024 |
How the business works
- Profit margin
- 58.3%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £125k
- Revenue ÷ average employees.
- Profit per employee
- £72.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 19.8%
- 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 £109k
- Cash at bank
- —
- Now £146k
- Headcount
- ▲100%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £7.9k
Sources
Latest figures from FullAccounts for the year to 31 Jan 2024 (profit £146k), from the Companies House accounts bulk data published Feb 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.