How much does Broker Business Limited make?

Broker Business Limited reported revenue of £4.5m and £877k profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Broker Business Limited have?

Broker Business Limited reported an average of 12 employees in the year to 31 Mar 2023.

Is Broker Business Limited profitable?

Yes — Broker Business Limited reported a profit of £877k in the year to 31 Mar 2023.

Company No. 11883618

Broker Business LimitedDissolved

Registered name: BROKER BUSINESS LIMITED

Broker Business Limited made £4.5m revenue and £877k profit in the year to 31 Mar 2023.

Broker Business Limited’s revenue grew 23% to £4.5m in the year to 31 Mar 2023, with £877k profit and 12 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Last filed accounts · year to 31 Mar 2023

Key figures

Independent

Revenue

£4.5m

Growth ▲22.8%

Profit

£877k

Growth ▲20.6%

Profit margin

19.4%

Gross 35%

Employees

Change ▲33.3%

Profit / employee

£73.1k

Revenue/employee £376k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£3.7m	£4.5m
Cost of sales	£2.3m	£2.9m
Gross profit	£1.3m	£1.6m
Operating profit	£826k	£1m
Profit before tax	£826k	£1m
Profit after tax	£727k	£877k
Profit (best available)	£727k	£877k
Employees (average)	9	12
Ratios
Profit margin	19.8%	19.4%
Gross margin	36.1%	35%
Revenue per employee	£408k	£376k
Profit per employee	£80.8k	£73.1k
Growth (year on year)
Revenue growth	—	▲22.8%
Profit growth	—	▲20.6%
Headcount growth	—	▲33.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£244k	£481k
Net assets	£1.2m	£2.2m
Fixed assets	£255k	£655k
Current assets	£1.1m	£1.8m
Debtors	£556k	£786k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: 19.4%; Profit ÷ revenue.
Gross margin: 35%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £376k; Revenue ÷ average employees.
Profit per employee: £73.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 14.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.4%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▲85%; Now £2.2m
Cash at bank: ▲98%; Now £481k
Headcount: ▲33%; Now 12
Deferred income: —; Now —
Fixed assets: ▲157%; Now £655k

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2023 (profit £877k), from the Companies House accounts bulk data published Dec 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.