How much does Corre Energy Ltd make?

Corre Energy Ltd reported revenue of £4.7m and £479k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Corre Energy Ltd have?

Corre Energy Ltd reported an average of 22 employees in the year to 31 Dec 2023.

Is Corre Energy Ltd profitable?

Yes — Corre Energy Ltd reported a profit of £479k in the year to 31 Dec 2023.

Company No. 12521409

Corre Energy LtdDissolved

Corre Energy Ltd made £4.7m revenue and £479k profit in the year to 31 Dec 2023.

Corre Energy Ltd’s revenue fell 4% to £4.7m in the year to 31 Dec 2023, with £479k profit and 22 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 Dec 2023

Key figures

IndependentCapital-light

Revenue

£4.7m

Growth ▼3.5%

Profit

£479k

Growth —

Profit margin

10.1%

Gross 100%

Employees

Change ▼15.4%

Profit / employee

£21.8k

Revenue/employee £215k

Profitable streak

1yr

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 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£4.9m	£4.7m
Gross profit	£4.9m	£4.7m
Operating profit	−£192k	£242k
Profit before tax	−£192k	£239k
Profit after tax	−£155k	£479k
Profit (best available)	−£155k	£479k
Employees (average)	26	22
Ratios
Profit margin	−3.1%	10.1%
Gross margin	100%	100%
Revenue per employee	£189k	£215k
Profit per employee	−£6k	£21.8k
Growth (year on year)
Revenue growth	—	▼3.5%
Headcount growth	—	▼15.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£475k	£31.8k
Net assets	−£202k	£525k
Fixed assets	£227k	£70.8k
Current assets	£7.1m	£658k
Debtors	£6.3k	£626k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: 10.1%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £215k; Revenue ÷ average employees.
Profit per employee: £21.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.2%; 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: —; Now £525k
Cash at bank: ▼93%; Now £31.8k
Headcount: ▼15%; Now 22
Deferred income: —; Now —
Fixed assets: ▼69%; Now £70.8k

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £479k), from the Companies House accounts bulk data published Sep 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.