Hyde News & Pictures Ltd
Registered name: HYDE NEWS & PICTURES LTD
Hyde News & Pictures Ltd made £122k revenue and a £7.7k loss in the year to 31 Aug 2023.
Hyde News & Pictures Ltd’s revenue fell 17% to £122k in the year to 31 Aug 2023, with a loss of £7.7k and 4 employees. The company is classified under “news agency activities” and is based in Gateshead; we hold 2 years of its filed accounts.
- Status
- Liquidation
- Location
- Gateshead, North East
- Age
- 7 yrs · since 2019
- Type
- Private Limited Company
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 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £148k | £122k |
| Profit after tax | −£18.7k | −£7.7k |
| Profit (best available) | −£18.7k | −£7.7k |
| Staff costs | £139k | £105k |
| Employees (average) | — | 4 |
| Ratios | ||
| Profit margin | −12.6% | −6.3% |
| Revenue per employee | — | £30.6k |
| Profit per employee | — | −£1.9k |
| Growth (year on year) | ||
| Revenue growth | — | ▼17.4% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | −£10.9k | −£21.2k |
| Fixed assets | £7.7k | £8.7k |
| Current assets | £4.8k | £7.7k |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 |
How the business works
- Profit margin
- −6.3%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £30.6k
- Revenue ÷ average employees.
- Profit per employee
- −£1.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 7.1%
- 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
- —
- Now −£21.2k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 4
- Deferred income
- —
- Now —
- Fixed assets
- ▲14%
- Now £8.7k
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Aug 2023 (profit −£7.7k), 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.