Ethnetworks LtdDissolved
Registered name: ETHNETWORKS LTD
Ethnetworks Ltd made £13.6k revenue and £95 profit in the year to 31 Aug 2024.
Ethnetworks Ltd’s revenue fell 75% to £13.6k in the year to 31 Aug 2024, with £95 profit and 1 employee. 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 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £91.4k | £53.6k | £13.6k |
| Cost of sales | £31.9k | £29.9k | £2.6k |
| Gross profit | £59.5k | £23.7k | £11k |
| Operating profit | £35k | £1.3k | £95 |
| Profit before tax | £35k | £1.3k | £95 |
| Profit after tax | £28.4k | £1k | £95 |
| Profit (best available) | £28.4k | £1k | £95 |
| Employees (average) | 1 | 1 | 1 |
| Ratios | |||
| Profit margin | 31% | 1.9% | 0.7% |
| Gross margin | 65.1% | 44.2% | 80.8% |
| Revenue per employee | £91.4k | £53.6k | £13.6k |
| Profit per employee | £28.4k | £1k | £95 |
| Growth (year on year) | |||
| Revenue growth | — | ▼41.3% | ▼74.7% |
| Profit growth | — | ▼96.4% | ▼90.7% |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £34.7k | £2.3k | £32.2k |
| Net assets | £29.4k | £2k | £31.8k |
| Current assets | £36k | £2.3k | £32.2k |
| Debtors | £1.4k | — | — |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Sep 2024 |
How the business works
- Profit margin
- 0.7%
- Profit ÷ revenue.
- Gross margin
- 80.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £13.6k
- Revenue ÷ average employees.
- Profit per employee
- £95
- 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
- ▲1454%
- Now £31.8k
- Cash at bank
- ▲1309%
- Now £32.2k
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Aug 2024 (profit £95), from the Companies House accounts bulk data published Sep 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.