How much does Let's Explore Limited make?

Let's Explore Limited reported revenue of £313k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Let's Explore Limited have?

Let's Explore Limited reported an average of 4 employees in the year to 31 Dec 2023.

Company No. 12798774

Let's Explore LimitedDissolved

Registered name: LET'S EXPLORE LIMITED

Let's Explore Limited made £313k revenue in the year to 31 Dec 2023. read from filing text

Let's Explore Limited’s revenue fell 19% to £313k in the year to 31 Dec 2023, with 4 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

IndependentSmall team

Revenue

£313k

Growth ▼19.1%

Profit

—

Growth —

Profit margin

—

Gross −11.7%

Employees

Change ▼20%

Profit / employee

—

Revenue/employee £78.1k

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 Dec 2022	31 Dec 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£386k	£313k
Cost of sales	£509k	£349k
Gross profit	−£122k	−£36.5k
Profit before tax	−£487k	—
Profit (best available)	−£487k	—
Staff costs	£138k	£87.7k
Employees (average)	5	4
Ratios
Profit margin	−126.1%	—
Gross margin	−31.7%	−11.7%
Revenue per employee	£77.3k	£78.1k
Profit per employee	−£97.5k	—
Growth (year on year)
Revenue growth	—	▼19.1%
Headcount growth	—	▼20%
Balance sheet — indirect signals, not revenue
Cash at bank	£21k	£8k
Net assets	−£1.3m	—
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: −11.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £78.1k; 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: —; 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: —; Now —
Cash at bank: ▼62%; Now £8k
Headcount: ▼20%; Now 4
Deferred income: —; Now —
Fixed assets: —; Now —

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023, from the Companies House accounts bulk data published Aug 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.