YL II LimitedDissolved
YL II Limited made £29.4m revenue and a £1.5m loss in the year to 31 Dec 2023.
YL II Limited’s revenue grew 105% to £29.4m in the year to 31 Dec 2023, with a loss of £1.5m and 0 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.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “CL V Lux S.à r.L.”
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 | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £7.4m | £14.3m | £29.4m |
| Operating profit | £7.3m | £14.2m | — |
| Profit before tax | £1.4m | £435k | −£1.6m |
| Profit after tax | £1.2m | £352k | −£1.5m |
| Profit (best available) | £1.2m | £352k | −£1.5m |
| Employees (average) | 2 | 2 | 0 |
| Ratios | |||
| Profit margin | 15.8% | 2.5% | −5.1% |
| Revenue per employee | £3.7m | £7.2m | — |
| Profit per employee | £585k | £176k | — |
| Cash conversion | — | −118.9% | — |
| Growth (year on year) | |||
| Revenue growth | — | ▲94% | ▲104.9% |
| Profit growth | — | ▼69.9% | ▼528.8% |
| Headcount growth | — | 0% | ▼100% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £3.5m | £3.7m | £7.4m |
| Net assets | £1.7m | £2m | £514k |
| Current assets | £35.8m | £58.1m | £7.4m |
| Debtors | £32.3m | £54.4m | £25.8k |
| Cash from operations | — | −£16.9m | £49.2m |
| Source | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2024 | Accounts · bulk data Feb 2025 |
How the business works
- Profit margin
- −5.1%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.1%
- 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
- ▼75%
- Now £514k
- Cash at bank
- ▲99%
- Now £7.4m
- Headcount
- ▼100%
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from accounts for the year to 31 Dec 2023 (profit −£1.5m), from the Companies House accounts bulk data published Feb 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.