How much does Drip Street Ltd make?

Drip Street Ltd reported revenue of £3k and a loss of £167 in the year to 30 Sep 2023, according to its accounts filed at Companies House.

How many employees does Drip Street Ltd have?

Drip Street Ltd reported an average of 2 employees in the year to 30 Sep 2023.

Is Drip Street Ltd profitable?

No — Drip Street Ltd reported a loss of £167 in the year to 30 Sep 2023.

Company No. 12890494 · Incorporated 18 Sep 2020

Drip Street LtdDissolved

Registered name: DRIP STREET LTD

Drip Street Ltd made £3k revenue and a £167 loss in the year to 30 Sep 2023.

Drip Street Ltd’s revenue grew 429% to £3k in the year to 30 Sep 2023, with a loss of £167 and 2 employees. The company was classified under “retail sale via mail order houses or via internet” and was based in London; we hold 2 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filedSIC 47910Retail sale via mail order houses or via Internet

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

Status: Dissolved
Last location: London
Age: 6 yrs · since 2020

Last filed accounts · year to 30 Sep 2023

Key figures

IndependentSmall teamCapital-light

Revenue

£3k

Growth ▲429.5%

Profit

−£167

Growth —

Profit margin

−5.6%

Employees

Change —

Profit / employee

−£84

Revenue/employee £1.5k

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	30 Sep 2022	30 Sep 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£567	£3k
Profit after tax	−£460	−£167
Profit (best available)	−£460	−£167
Employees (average)	—	2
Ratios
Profit margin	−81.1%	−5.6%
Revenue per employee	—	£1.5k
Profit per employee	—	−£84
Growth (year on year)
Revenue growth	—	▲429.5%
Balance sheet — indirect signals, not revenue
Net assets	£338	£895
Fixed assets	£170	£170
Current assets	£168	£725
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024

Derived from the latest filing

How the business works

Profit margin: −5.6%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.5k; Revenue ÷ average employees.
Profit per employee: −£84; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.7%; 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: ▲165%; Now £895
Cash at bank: —; Now —
Headcount: —; Now 2
Deferred income: —; Now —
Fixed assets: 0%; Now £170

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2023 (profit −£167), from the Companies House accounts bulk data published Feb 2024. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.