How much does Attic Asset Ltd make?

Attic Asset Ltd reported revenue of £3.7m and £909k profit in the year to 31 Jan 2023, according to its accounts filed at Companies House.

How many employees does Attic Asset Ltd have?

Attic Asset Ltd reported an average of 9 employees in the year to 31 Jan 2023.

Is Attic Asset Ltd profitable?

Yes — Attic Asset Ltd reported a profit of £909k in the year to 31 Jan 2023.

Company No. 13117092 · Incorporated 6 Jan 2021

Attic Asset Ltd

Registered name: ATTIC ASSET LTD

Attic Asset Ltd made £3.7m revenue and £909k profit in the year to 31 Jan 2023.

Attic Asset Ltd’s revenue grew 50% to £3.7m in the year to 31 Jan 2023, with £909k profit and 9 employees. The company is classified under “agents involved in the sale of a variety of goods” and is based in Cardiff; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46190Agents involved in the sale of a variety of goods SIC 96090Other service activities n.e.c.

Status: Active - Proposal to Strike off
Location: Cardiff, Wales
Age: 5 yrs · since 2021
Type: Private Limited Company

Latest accounts · year to 31 Jan 2023

Key figures

IndependentSmall teamYoung and profitable

Revenue

£3.7m

Growth ▲49.6%

Profit

£909k

Growth ▲9.1%

Profit margin

24.6%

Gross 43.1%

Employees

Change ▲12.5%

Profit / employee

£101k

Revenue/employee £411k

Profitable streak

2yrs

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	31 Jan 2022	31 Jan 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£2.5m	£3.7m
Cost of sales	£1.2m	£2.1m
Gross profit	£1.2m	£1.6m
Operating profit	£980k	£1.1m
Profit before tax	£980k	£1.1m
Profit after tax	£834k	£909k
Profit (best available)	£834k	£909k
Employees (average)	8	9
Ratios
Profit margin	33.7%	24.6%
Gross margin	49.5%	43.1%
Revenue per employee	£309k	£411k
Profit per employee	£104k	£101k
Growth (year on year)
Revenue growth	—	▲49.6%
Profit growth	—	▲9.1%
Headcount growth	—	▲12.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£105k	£199k
Net assets	£834k	£1.9m
Fixed assets	£335k	£760k
Current assets	£733k	£1.4m
Debtors	£334k	£676k
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024

Derived from the latest filing

How the business works

Profit margin: 24.6%; Profit ÷ revenue.
Gross margin: 43.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £411k; Revenue ÷ average employees.
Profit per employee: £101k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 20.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.3%; 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: ▲127%; Now £1.9m
Cash at bank: ▲90%; Now £199k
Headcount: ▲13%; Now 9
Deferred income: —; Now —
Fixed assets: ▲127%; Now £760k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jan 2023 (profit £909k), from the Companies House accounts bulk data published Feb 2024. 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.