Deuces Records Ltd
Registered name: DEUCES RECORDS LTD
Deuces Records Ltd made £30k revenue and a £72k loss in the year to 31 Oct 2024.
Deuces Records Ltd’s revenue fell 55% to £30k in the year to 31 Oct 2024, with a loss of £72k and 2 employees. The company is classified under “retail sale of music and video recordings in specialised stores” and is based in Erith; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Erith, South 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 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £88.8k | £66.3k | £30k |
| Profit after tax | −£78.1k | −£138k | −£72k |
| Profit (best available) | −£78.1k | −£138k | −£72k |
| Staff costs | £500 | £0 | £0 |
| Employees (average) | — | 3 | 2 |
| Ratios | |||
| Profit margin | −87.9% | −207.7% | −240% |
| Revenue per employee | — | £22.1k | £15k |
| Profit per employee | — | −£45.9k | −£36k |
| Growth (year on year) | |||
| Revenue growth | — | ▼25.4% | ▼54.8% |
| Headcount growth | — | — | ▼33.3% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | −£8k | £26k | £11k |
| Fixed assets | £4k | £8k | £4k |
| Current assets | £4k | £8k | £2k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Nov 2024 |
How the business works
- Profit margin
- −240%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £15k
- Revenue ÷ average employees.
- Profit per employee
- −£36k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 13.3%
- 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
- ▼58%
- Now £11k
- Cash at bank
- —
- Now —
- Headcount
- ▼33%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- ▼50%
- Now £4k
Sources
Latest figures from FullAccounts for the year to 31 Oct 2024 (profit −£72k), from the Companies House accounts bulk data published Nov 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.