Honeycomb Electrical LtdDissolved
Registered name: HONEYCOMB ELECTRICAL LTD
Honeycomb Electrical Ltd made £59k revenue and £22.3k profit in the year to 29 Feb 2024.
Honeycomb Electrical Ltd’s revenue fell 14% to £59k in the year to 29 Feb 2024, with £22.3k profit 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 | 28 Feb 2022 | 28 Feb 2023 | 29 Feb 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £68.6k | £59k |
| Profit after tax | — | £24.9k | £22.3k |
| Profit (best available) | — | £24.9k | £22.3k |
| Staff costs | — | £12.6k | £12.6k |
| Employees (average) | 1 | 1 | 1 |
| Ratios | |||
| Profit margin | — | 36.3% | 37.8% |
| Revenue per employee | — | £68.6k | £59k |
| Profit per employee | — | £24.9k | £22.3k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼14.1% |
| Profit growth | — | — | ▼10.3% |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | £21.1k | £19.1k | £40.1k |
| Fixed assets | £16.1k | £16.7k | £16.7k |
| Current assets | £5k | £5.8k | £32.2k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Mar 2024 |
How the business works
- Profit margin
- 37.8%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £59k
- Revenue ÷ average employees.
- Profit per employee
- £22.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 28.4%
- 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
- ▲110%
- Now £40.1k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £16.7k
Sources
Latest figures from FullAccounts for the year to 29 Feb 2024 (profit £22.3k), from the Companies House accounts bulk data published Mar 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.