How much does Project Rethink Ltd make?

Project Rethink Ltd reported revenue of £9 and a loss of £335 in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Project Rethink Ltd have?

Project Rethink Ltd reported an average of 0 employees in the year to 31 Mar 2023.

Is Project Rethink Ltd profitable?

No — Project Rethink Ltd reported a loss of £335 in the year to 31 Mar 2023.

Company No. 12492649

Project Rethink LtdDissolved

Registered name: PROJECT RETHINK LTD

Project Rethink Ltd made £9 revenue and a £335 loss in the year to 31 Mar 2023.

Project Rethink Ltd’s revenue fell 91% to £9 in the year to 31 Mar 2023, with a loss of £335 and 0 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Last filed accounts · year to 31 Mar 2023

Key figures

IndependentSmall team

Revenue

£9

Growth ▼90.5%

Profit

−£335

Growth —

Profit margin

−3722%

Employees

Change —

Profit / employee

—

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£95	£9
Profit after tax	−£164	−£335
Profit (best available)	−£164	−£335
Staff costs	£0	£0
Employees (average)	—	0
Ratios
Profit margin	−172.6%	−3722%
Growth (year on year)
Revenue growth	—	▼90.5%
Balance sheet — indirect signals, not revenue
Net assets	£1.2k	£278
Fixed assets	£569	£353
Current assets	£746	£53
Source	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2023

Derived from the latest filing

How the business works

Profit margin: −3722%; 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: 3922%; 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.

Indirect — not revenue

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: ▼76%; Now £278
Cash at bank: —; Now —
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: ▼38%; Now £353

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2023 (profit −£335), from the Companies House accounts bulk data published Nov 2023. 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.