How much does We Are Stories Ltd make?

We Are Stories Ltd reported revenue of £34.4k and a loss of £36k in the year to 31 Aug 2023, according to its accounts filed at Companies House.

How many employees does We Are Stories Ltd have?

We Are Stories Ltd reported an average of 0 employees in the year to 31 Aug 2023.

Is We Are Stories Ltd profitable?

No — We Are Stories Ltd reported a loss of £36k in the year to 31 Aug 2023.

Company No. 12139757 · Incorporated 5 Aug 2019

We Are Stories Ltd

Registered name: WE ARE STORIES LTD

We Are Stories Ltd made £34.4k revenue and a £36k loss in the year to 31 Aug 2023.

We Are Stories Ltd’s revenue was £34.4k in the year to 31 Aug 2023, with a loss of £36k and 0 employees. The company is classified under “video production activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 59112Video production activities SIC 72200Research and experimental development on social sciences and humanities SIC 73110Advertising agencies SIC 73200Market research and public opinion polling

Status: Active - Proposal to Strike off
Location: London, London
Age: 7 yrs · since 2019
Type: Private Limited Company

Latest accounts · year to 31 Aug 2023

Key figures

IndependentSmall team

Revenue

£34.4k

Growth —

Profit

−£36k

Growth —

Profit margin

−104.7%

Gross −1.5%

Employees

Change —

Profit / employee

—

Profitable streak

0yrs

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 Aug 2022	31 Aug 2023
Disclosure	No P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£34.4k
Cost of sales	—	£34.9k
Gross profit	—	−£508
Operating profit	—	−£35.4k
Profit before tax	—	−£36k
Profit after tax	—	−£36k
Profit (best available)	—	−£36k
Employees (average)	0	0
Ratios
Profit margin	—	−104.7%
Gross margin	—	−1.5%
Balance sheet — indirect signals, not revenue
Cash at bank	—	£593
Net assets	−£22.1k	−£2.4k
Fixed assets	—	£13k
Current assets	—	£593
Debtors	—	£0
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024

Derived from the latest filing

How the business works

Profit margin: −104.7%; Profit ÷ revenue.
Gross margin: −1.5%; 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: 37.8%; 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.

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: —; Now −£2.4k
Cash at bank: —; Now £593
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: —; Now £13k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Aug 2023 (profit −£36k), 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.