Techaid LtdDissolved
Registered name: TECHAID LTD
Techaid Ltd made £82.6k revenue and £15.5k profit in the year to 7 Nov 2022.
Techaid Ltd’s revenue grew 91% to £82.6k in the year to 7 Nov 2022, with £15.5k profit and 1 employee. 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 | 7 Nov 2022 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £43.2k | £82.6k |
| Cost of sales | — | £2.5k |
| Gross profit | £43.2k | £80.1k |
| Operating profit | £43.7k | £76.3k |
| Profit before tax | £26.4k | £20.3k |
| Profit after tax | £22.9k | £15.5k |
| Profit (best available) | £22.9k | £15.5k |
| Employees (average) | 1 | 1 |
| Ratios | ||
| Profit margin | 53.1% | 18.8% |
| Gross margin | 100% | 96.9% |
| Revenue per employee | £43.2k | £82.6k |
| Profit per employee | £22.9k | £15.5k |
| Growth (year on year) | ||
| Revenue growth | — | ▲91.3% |
| Profit growth | — | ▼32.2% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £12.7k | £5k |
| Fixed assets | £10k | £9.9k |
| Current assets | £7k | £3.3k |
| Deferred income | £0 | £0 |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 |
How the business works
- Profit margin
- 18.8%
- Profit ÷ revenue.
- Gross margin
- 96.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £82.6k
- Revenue ÷ average employees.
- Profit per employee
- £15.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 12%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- 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
- ▼61%
- Now £5k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now £0
- Fixed assets
- ▼0%
- Now £9.9k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Sources
Latest figures from FullAccounts for the year to 7 Nov 2022 (profit £15.5k), 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.