GM Fly Fishing International LtdDissolved
GM Fly Fishing International Ltd made £0 revenue and a £21.5k loss in the year to 31 May 2024.
GM Fly Fishing International Ltd’s revenue was £0 in the year to 31 May 2024, with a loss of £21.5k and 0 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “G Mazeaud, the director controls the company by virtue of his 100% shareholding”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 May 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £2.7k | £0 |
| Cost of sales | £233 | £0 |
| Gross profit | £2.4k | £0 |
| Operating profit | −£12.5k | −£11.9k |
| Profit before tax | −£12.5k | −£21.5k |
| Profit after tax | −£12.5k | −£21.5k |
| Profit (best available) | −£12.5k | −£21.5k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | −467.1% | — |
| Gross margin | 91.3% | — |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £49.7k | £42.7k |
| Net assets | £57.6k | £36.1k |
| Current assets | £49.7k | £42.7k |
| Debtors | £77 | £0 |
| Source | Accounts · bulk data Oct 2024 | Accounts · bulk data Oct 2024 |
How the business works
- Profit margin
- —
- 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
- —
- 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 £36.1k
- Cash at bank
- —
- Now £42.7k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from accounts for the year to 31 May 2024 (profit −£21.5k), from the Companies House accounts bulk data published Oct 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.