Fitt 20:20 LtdDissolved
Registered name: FITT 20:20 LTD
Fitt 20:20 Ltd made £20k revenue and a £18.3k loss in the year to 31 Mar 2024.
Fitt 20:20 Ltd’s revenue was £20k in the year to 31 Mar 2024, with a loss of £18.3k and 2 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 | 30 Nov 2022 | 31 Mar 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £24.5k | £20k |
| Gross profit | £24.5k | £20k |
| Operating profit | £4.5k | −£4k |
| Profit before tax | £2.2k | −£6.3k |
| Profit after tax | −£9.8k | −£18.3k |
| Profit (best available) | −£9.8k | −£18.3k |
| Employees (average) | 1 | 2 |
| Ratios | ||
| Profit margin | −40% | −91.5% |
| Gross margin | 100% | 100% |
| Revenue per employee | £24.5k | £10k |
| Profit per employee | −£9.8k | −£9.2k |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £0 | £0 |
| Net assets | £0 | £0 |
| Current assets | £0 | £0 |
| Source | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2025 |
How the business works
- Profit margin
- −91.5%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £10k
- Revenue ÷ average employees.
- Profit per employee
- −£9.2k
- 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
- —
- Now £0
- Cash at bank
- —
- Now £0
- Headcount
- —
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit −£18.3k), from the Companies House accounts bulk data published Jan 2025. 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.