JTS Designs LtdDissolved
Registered name: JTS DESIGNS LTD
JTS Designs Ltd made £21.7k revenue and £6.8k profit in the year to 31 Mar 2023.
JTS Designs Ltd’s revenue fell 57% to £21.7k in the year to 31 Mar 2023, with £6.8k profit and 1 employee. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
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 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £50.9k | £21.7k |
| Cost of sales | £7.1k | £2.9k |
| Gross profit | £43.8k | £18.7k |
| Operating profit | £25.9k | £8.5k |
| Profit before tax | £25.9k | £8.5k |
| Profit after tax | £20.8k | £6.8k |
| Profit (best available) | £20.8k | £6.8k |
| Employees (average) | 1 | 1 |
| Ratios | ||
| Profit margin | 40.9% | 31.3% |
| Gross margin | 86% | 86.4% |
| Revenue per employee | £50.9k | £21.7k |
| Profit per employee | £20.8k | £6.8k |
| Growth (year on year) | ||
| Revenue growth | — | ▼57.4% |
| Profit growth | — | ▼67.4% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £4.9k | £1.2k |
| Net assets | £1.8k | £4 |
| Fixed assets | £1.5k | £1.2k |
| Current assets | £6.1k | £1.2k |
| Debtors | £1.2k | £0 |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 |
How the business works
- Profit margin
- 31.3%
- Profit ÷ revenue.
- Gross margin
- 86.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £21.7k
- Revenue ÷ average employees.
- Profit per employee
- £6.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▼100%
- Now £4
- Cash at bank
- ▼76%
- Now £1.2k
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▼17%
- Now £1.2k
Sources
Latest figures from FullAccounts for the year to 31 Mar 2023 (profit £6.8k), from the Companies House accounts bulk data published Nov 2023. 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.