Credito PLCDissolved
Registered name: CREDITO PLC
Credito PLC made £12.9k revenue and a £13.9k loss in the year to 31 Dec 2022.
Credito PLC’s revenue was £12.9k in the year to 31 Dec 2022, with a loss of £13.9k and 4 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2021 | 31 Dec 2022 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £0 | £12.9k |
| Gross profit | £0 | £12.9k |
| Operating profit | £0 | −£13.9k |
| Profit before tax | £0 | −£13.9k |
| Profit after tax | £0 | −£13.9k |
| Profit (best available) | £0 | −£13.9k |
| Employees (average) | 4 | 4 |
| Ratios | ||
| Profit margin | — | −108% |
| Gross margin | — | 100% |
| Revenue per employee | £0 | £3.2k |
| Profit per employee | £0 | −£3.5k |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | — | £16.6k |
| Net assets | £100 | −£13.8k |
| Current assets | £100 | £16.6k |
| Debtors | £100 | — |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 |
How the business works
- Profit margin
- −108%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £3.2k
- Revenue ÷ average employees.
- Profit per employee
- −£3.5k
- 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
- —
- Now −£13.8k
- Cash at bank
- —
- Now £16.6k
- Headcount
- —
- Now 4
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Dec 2022 (profit −£13.9k), from the Companies House accounts bulk data published Nov 2023. 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.