Passassured Limited
Registered name: PASSASSURED LIMITED
Passassured Limited made £72.8k revenue and a £6.1k loss in the year to 28 Feb 2025.
Passassured Limited’s revenue grew 3% to £72.8k in the year to 28 Feb 2025, with a loss of £6.1k and 1 employee. The company is classified under “driving school activities” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 6 yrs · since 2020
- 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 | 28 Feb 2023 | 29 Feb 2024 | 28 Feb 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £64.5k | £70.7k | £72.8k |
| Profit after tax | −£18k | −£3.4k | −£6.1k |
| Profit (best available) | −£18k | −£3.4k | −£6.1k |
| Staff costs | £35.5k | £38.9k | £40k |
| Employees (average) | — | 1 | 1 |
| Ratios | |||
| Profit margin | −27.9% | −4.8% | −8.4% |
| Revenue per employee | — | £70.7k | £72.8k |
| Profit per employee | — | −£3.4k | −£6.1k |
| Growth (year on year) | |||
| Revenue growth | — | ▲9.7% | ▲3% |
| Headcount growth | — | — | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | −£19.7k | −£23.1k | −£29.3k |
| Fixed assets | £12.3k | £8.6k | £4.9k |
| Current assets | £19.3k | £16.5k | £677 |
| Source | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- −8.4%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £72.8k
- Revenue ÷ average employees.
- Profit per employee
- −£6.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6.7%
- 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 −£29.3k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▼43%
- Now £4.9k
Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit −£6.1k), from the Companies House accounts bulk data published Nov 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.