Simple Change LtdDissolved
Registered name: SIMPLE CHANGE LTD
Simple Change Ltd made £2.4k revenue and a £8k loss in the year to 30 Nov 2024.
Simple Change Ltd’s revenue grew 9% to £2.4k in the year to 30 Nov 2024, with a loss of £8k and 0 employees. We hold 3 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 | 30 Nov 2022 | 30 Nov 2023 | 30 Nov 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £2.2k | £2.4k |
| Cost of sales | — | £1.3k | £860 |
| Gross profit | — | £939 | £1.6k |
| Operating profit | — | −£3.9k | −£7.6k |
| Profit before tax | — | −£3.9k | −£8k |
| Profit after tax | — | −£3.9k | −£8k |
| Profit (best available) | — | −£3.9k | −£8k |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | — | −173.3% | −326.9% |
| Gross margin | — | 41.9% | 64.8% |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲9% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £96 | £32 | — |
| Net assets | −£4k | −£4.8k | −£7.5k |
| Fixed assets | £0 | £2.8k | £2.6k |
| Current assets | £96 | £32 | — |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Jan 2025 |
How the business works
- Profit margin
- −326.9%
- Profit ÷ revenue.
- Gross margin
- 64.8%
- 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
- 104.6%
- 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 −£7.5k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼8%
- Now £2.6k
Sources
Latest figures from FullAccounts for the year to 30 Nov 2024 (profit −£8k), from the Companies House accounts bulk data published Jan 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.