Certini (Holdings) No 2 Limited
Registered name: CERTINI (HOLDINGS) NO 2 LIMITED
Certini (Holdings) No 2 Limited made £15.6m revenue and £660k profit in the year to 30 Apr 2024.
Certini (Holdings) No 2 Limited’s revenue grew 21% to £15.6m in the year to 30 Apr 2024, with £660k profit and 43 employees. The company is classified under “activities of other holding companies” and is based in Saltash; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Saltash, South West
- Age
- 5 yrs · since 2021
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £15.6m | £13m | £15.6m |
| Cost of sales | £10.4m | £10.2m | £11.3m |
| Gross profit | £5.2m | £2.8m | £4.3m |
| Operating profit | £3.1m | £1.2m | £2.2m |
| Profit before tax | £3.1m | £1.1m | £2.2m |
| Profit after tax | £2m | £710k | £660k |
| Profit (best available) | £2m | £710k | £660k |
| Staff costs | £1.4m | £1.3m | £1.5m |
| Employees (average) | 49 | 50 | 43 |
| Ratios | |||
| Profit margin | 12.6% | 5.5% | 4.2% |
| Gross margin | 33.3% | 21.4% | 27.7% |
| Revenue per employee | £318k | £259k | £364k |
| Profit per employee | £40.2k | £14.2k | £15.4k |
| Cash conversion | −9.7% | 72.5% | 65.3% |
| Growth (year on year) | |||
| Revenue growth | — | ▼16.9% | ▲20.8% |
| Profit growth | — | ▼63.9% | ▼7% |
| Headcount growth | — | ▲2% | ▼14% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.9m | £2.7m | £3.4m |
| Net assets | £2m | £2.7m | £3.1m |
| Fixed assets | £1.8m | £1.5m | £1.6m |
| Current assets | £7.2m | £7.8m | £8.6m |
| Debtors | £80 | £80 | £80 |
| Cash from operations | −£304k | £850k | £1.5m |
| Source | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2025 |
How the business works
- Profit margin
- 4.2%
- Profit ÷ revenue.
- Gross margin
- 27.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £364k
- Revenue ÷ average employees.
- Profit per employee
- £15.4k
- Profit ÷ average employees.
- Cash conversion
- 65.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 10%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▲18%
- Now £3.1m
- Cash at bank
- ▲23%
- Now £3.4m
- Headcount
- ▼14%
- Now 43
- Deferred income
- —
- Now —
- Fixed assets
- ▲3%
- Now £1.6m
Group structure
Subsidiaries (1)
- Certini (Holdings) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Apr 2024 (profit £660k), 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.