Picaso Ltd
Registered name: PICASO LTD
Picaso Ltd made £9.6k revenue and £1.3k profit in the year to 31 Aug 2024.
Picaso Ltd’s revenue grew 4698% to £9.6k in the year to 31 Aug 2024, with £1.3k profit and 0 employees. The company is classified under “manufacture of other furniture” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- 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 | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £201 | £9.6k |
| Profit after tax | — | £769 | £1.3k |
| Profit (best available) | — | £769 | £1.3k |
| Staff costs | — | £0 | £0 |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | — | 382.6% | 13.7% |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲4698% |
| Profit growth | — | — | ▲71.5% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | £964 | £1.7k | £0 |
| Fixed assets | £102 | £157 | £0 |
| Current assets | £1.2k | £1.2k | £0 |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Jul 2025 |
How the business works
- Profit margin
- 13.7%
- 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
- 0%
- 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
- ▼100%
- Now £0
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼100%
- Now £0
Sources
Latest figures from FullAccounts for the year to 31 Aug 2024 (profit £1.3k), from the Companies House accounts bulk data published Jul 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.