Itc Technology LimitedDissolved
Registered name: ITC TECHNOLOGY LIMITED
Itc Technology Limited made £9.4k revenue and a £5.3k loss in the year to 31 Jan 2024.
Itc Technology Limited’s revenue fell 43% to £9.4k in the year to 31 Jan 2024, with a loss of £5.3k and 1 employee. We hold 3 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 Jan 2022 | 31 Jan 2023 | 31 Jan 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £29k | £16.5k | £9.4k |
| Profit after tax | £1.4k | −£1.9k | −£5.3k |
| Profit (best available) | £1.4k | −£1.9k | −£5.3k |
| Staff costs | £1.8k | £1.6k | £0 |
| Employees (average) | — | 1 | 1 |
| Ratios | |||
| Profit margin | 4.7% | −11.8% | −56.8% |
| Revenue per employee | — | £16.5k | £9.4k |
| Profit per employee | — | −£1.9k | −£5.3k |
| Growth (year on year) | |||
| Revenue growth | — | ▼43% | ▼43.1% |
| Profit growth | — | ▼242.3% | — |
| Headcount growth | — | — | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | £0 | £0 | £0 |
| Fixed assets | £0 | £0 | £0 |
| Current assets | £0 | £0 | £0 |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Jun 2024 |
How the business works
- Profit margin
- −56.8%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £9.4k
- Revenue ÷ average employees.
- Profit per employee
- −£5.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- 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 —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £0
Sources
Latest figures from FullAccounts for the year to 31 Jan 2024 (profit −£5.3k), from the Companies House accounts bulk data published Jun 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.