First Choice Flooring Mas LtdDissolved
Registered name: FIRST CHOICE FLOORING MAS LTD
First Choice Flooring Mas Ltd made £82.6k revenue and £5.3k profit in the year to 31 Jan 2024.
First Choice Flooring Mas Ltd’s revenue grew 147% to £82.6k in the year to 31 Jan 2024, with £5.3k profit and 4 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 | 31 Jan 2022 | 31 Jan 2023 | 31 Jan 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £33.4k | £82.6k |
| Cost of sales | — | £10k | £27.6k |
| Gross profit | — | £23.4k | £55k |
| Operating profit | — | £9.9k | £5.3k |
| Profit before tax | — | £9.9k | £5.3k |
| Profit after tax | — | £9.9k | £5.3k |
| Profit (best available) | — | £9.9k | £5.3k |
| Employees (average) | 3 | 2 | 4 |
| Ratios | |||
| Profit margin | — | 29.7% | 6.4% |
| Gross margin | — | 70% | 66.6% |
| Revenue per employee | — | £16.7k | £20.6k |
| Profit per employee | — | £5k | £1.3k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲147.2% |
| Profit growth | — | — | ▼46.6% |
| Headcount growth | — | ▼33.3% | ▲100% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | — | £340 | £100 |
| Net assets | £0 | £0 | £100 |
| Fixed assets | £0 | £0 | — |
| Current assets | — | £340 | £100 |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data May 2024 |
How the business works
- Profit margin
- 6.4%
- Profit ÷ revenue.
- Gross margin
- 66.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £20.6k
- Revenue ÷ average employees.
- Profit per employee
- £1.3k
- 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 £100
- Cash at bank
- ▼71%
- Now £100
- Headcount
- ▲100%
- Now 4
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Jan 2024 (profit £5.3k), from the Companies House accounts bulk data published May 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.