Acetech Holdings LimitedDissolved
Acetech Holdings Limited made £14.1m revenue and £731k profit in the year to 31 Mar 2024.
Acetech Holdings Limited’s revenue grew 23% to £14.1m in the year to 31 Mar 2024, with £731k profit and 40 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 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £12.3m | £11.4m | £14.1m |
| Cost of sales | £6.5m | £7.1m | £9.6m |
| Gross profit | £5.8m | £4.3m | £4.4m |
| Operating profit | £2.7m | £1.2m | £1.1m |
| Profit before tax | £2.4m | £876k | £769k |
| Profit after tax | £249k | −£4.4k | £731k |
| Profit (best available) | £249k | −£4.4k | £731k |
| Staff costs | £1.5m | £1.6m | £1.7m |
| Employees (average) | — | 39 | 40 |
| Ratios | |||
| Profit margin | 2% | 0% | 5.2% |
| Gross margin | 47.1% | 37.5% | 31.5% |
| Revenue per employee | — | £293k | £352k |
| Profit per employee | — | −£113 | £18.3k |
| Cash conversion | 75.2% | 96.4% | −4.7% |
| Growth (year on year) | |||
| Revenue growth | — | ▼6.9% | ▲23.4% |
| Profit growth | — | ▼101.8% | — |
| Headcount growth | — | — | ▲2.6% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £23.3k | £18.9k | £18.9k |
| Net assets | £6.2m | £7m | £7.8m |
| Fixed assets | £8.6m | £9.1m | £8.7m |
| Current assets | £148k | £144k | £144k |
| Debtors | £2m | £1m | £1.3m |
| Cash from operations | £2m | £1.2m | −£54.1k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 5.2%
- Profit ÷ revenue.
- Gross margin
- 31.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £352k
- Revenue ÷ average employees.
- Profit per employee
- £18.3k
- Profit ÷ average employees.
- Cash conversion
- −4.7%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 61.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.3%
- 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
- ▲10%
- Now £7.8m
- Cash at bank
- 0%
- Now £18.9k
- Headcount
- ▲3%
- Now 40
- Deferred income
- —
- Now —
- Fixed assets
- ▼5%
- Now £8.7m
Group structure
Subsidiaries (1)
- Acetech Metals LtdLiquidationRev. £14.1m · Profit £731k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £731k), from the Companies House accounts bulk data published Dec 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.