Hughes Safety Services LtdDissolved
Hughes Safety Services Ltd made £23.4k revenue and a £12.9k loss in the year to 30 Jun 2023.
Hughes Safety Services Ltd’s revenue fell 75% to £23.4k in the year to 30 Jun 2023, with a loss of £12.9k 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 | 30 Jun 2022 | 30 Jun 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £92k | £23.4k |
| Cost of sales | £30.1k | £35.3k |
| Gross profit | £61.9k | −£11.9k |
| Operating profit | £59.6k | −£12.9k |
| Profit before tax | £59.6k | −£12.9k |
| Profit after tax | £48.3k | −£12.9k |
| Profit (best available) | £48.3k | −£12.9k |
| Employees (average) | — | 1 |
| Ratios | ||
| Profit margin | 52.5% | −55.1% |
| Gross margin | 67.3% | −51% |
| Revenue per employee | — | £23.4k |
| Profit per employee | — | −£12.9k |
| Growth (year on year) | ||
| Revenue growth | — | ▼74.6% |
| Profit growth | — | ▼126.6% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £14.1k | £2 |
| Net assets | £1.8k | −£11.1k |
| Current assets | £14.1k | £2 |
| Source | Accounts · bulk data Feb 2024 | Accounts · bulk data Feb 2024 |
How the business works
- Profit margin
- −55.1%
- Profit ÷ revenue.
- Gross margin
- −51%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £23.4k
- Revenue ÷ average employees.
- Profit per employee
- −£12.9k
- 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
- ▼734%
- Now −£11.1k
- Cash at bank
- ▼100%
- Now £2
- Headcount
- —
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from accounts for the year to 30 Jun 2023 (profit −£12.9k), from the Companies House accounts bulk data published Feb 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.