Weare1 Collective LtdDissolved
Registered name: WEARE1 COLLECTIVE LTD
Weare1 Collective Ltd made £243 revenue and a £41 loss in the year to 31 Oct 2023.
Weare1 Collective Ltd’s revenue fell 87% to £243 in the year to 31 Oct 2023, with a loss of £41 and 0 employees. 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 | 31 Oct 2022 | 31 Oct 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £1.9k | £243 |
| Profit after tax | £374 | −£41 |
| Profit (best available) | £374 | −£41 |
| Employees (average) | — | 0 |
| Ratios | ||
| Profit margin | 19.3% | −16.9% |
| Growth (year on year) | ||
| Revenue growth | — | ▼87.5% |
| Profit growth | — | ▼111% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £1.5k | £980 |
| Fixed assets | £1.5k | £980 |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 |
How the business works
- Profit margin
- −16.9%
- Profit ÷ revenue.
- Gross margin
- —
- 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
- 403.3%
- 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
- ▼34%
- Now £980
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼34%
- Now £980
Sources
Latest figures from FullAccounts for the year to 31 Oct 2023 (profit −£41), from the Companies House accounts bulk data published Jan 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.