Plat4m Two C.I.C.Dissolved
Registered name: PLAT4M TWO C.I.C.
Plat4m Two C.I.C. made £4k revenue and a £9.1k loss in the year to 31 Mar 2024.
Plat4m Two C.I.C.’s revenue fell 82% to £4k in the year to 31 Mar 2024, with a loss of £9.1k and 2 employees. We hold 3 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 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £30.1k | £22.4k | £4k |
| Cost of sales | £0 | £49 | — |
| Gross profit | £30.1k | £22.3k | £4k |
| Operating profit | −£1.7k | −£5.5k | −£9.1k |
| Profit before tax | −£1.7k | −£5.5k | −£9.1k |
| Profit after tax | −£1.7k | −£5.5k | −£9.1k |
| Profit (best available) | −£1.7k | −£5.5k | −£9.1k |
| Employees (average) | 2 | 2 | 2 |
| Ratios | |||
| Profit margin | −5.8% | −24.5% | −226.5% |
| Gross margin | 100% | 99.8% | 100% |
| Revenue per employee | £15k | £11.2k | £2k |
| Profit per employee | −£872 | −£2.7k | −£4.5k |
| Growth (year on year) | |||
| Revenue growth | — | ▼25.5% | ▼82.1% |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £5.8k | £3.2k | £697 |
| Net assets | £19k | £1.5k | −£7.6k |
| Fixed assets | £0 | £0 | — |
| Current assets | £19.1k | £3.2k | £697 |
| Debtors | £13.4k | £0 | — |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data May 2024 |
How the business works
- Profit margin
- −226.5%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £2k
- Revenue ÷ average employees.
- Profit per employee
- −£4.5k
- 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
- —
- 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
- ▼610%
- Now −£7.6k
- Cash at bank
- ▼78%
- Now £697
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit −£9.1k), from the Companies House accounts bulk data published May 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.