Foam and Covers Ltd
Registered name: FOAM AND COVERS LTD
Foam and Covers Ltd made £75.7k revenue and £4.2k profit in the year to 31 Jul 2023.
Foam and Covers Ltd’s revenue grew 14% to £75.7k in the year to 31 Jul 2023, with £4.2k profit and 1 employee. The company is classified under “repair of furniture and home furnishings” and is based in Leigh-on-Sea; we hold 2 years of its filed accounts.
- Status
- Liquidation
- Location
- Leigh-on-Sea, East of England
- 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 | 31 Jul 2022 | 31 Jul 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £66.4k | £75.7k |
| Cost of sales | £28.6k | £34.6k |
| Gross profit | £37.8k | £41.1k |
| Operating profit | £2.8k | £4.2k |
| Profit before tax | £2.8k | £4.2k |
| Profit after tax | £2.8k | £4.2k |
| Profit (best available) | £2.8k | £4.2k |
| Employees (average) | 1 | 1 |
| Ratios | ||
| Profit margin | 4.3% | 5.6% |
| Gross margin | 57% | 54.3% |
| Revenue per employee | £66.4k | £75.7k |
| Profit per employee | £2.8k | £4.2k |
| Growth (year on year) | ||
| Revenue growth | — | ▲14% |
| Profit growth | — | ▲48.1% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £1 | £1 |
| Current assets | £1 | £1 |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 |
How the business works
- Profit margin
- 5.6%
- Profit ÷ revenue.
- Gross margin
- 54.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £75.7k
- Revenue ÷ average employees.
- Profit per employee
- £4.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- 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
- 0%
- Now £1
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Jul 2023 (profit £4.2k), 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.