How much does Bitwell Technologies Limited make?

Bitwell Technologies Limited reported revenue of £2.8k and a loss of £1.5k in the year to 31 Jul 2024, according to its accounts filed at Companies House.

How many employees does Bitwell Technologies Limited have?

Bitwell Technologies Limited reported an average of 4 employees in the year to 31 Jul 2024.

Is Bitwell Technologies Limited profitable?

No — Bitwell Technologies Limited reported a loss of £1.5k in the year to 31 Jul 2024.

Company No. 13520295

Bitwell Technologies LimitedDissolved

Registered name: BITWELL TECHNOLOGIES LIMITED

Bitwell Technologies Limited made £2.8k revenue and a £1.5k loss in the year to 31 Jul 2024.

Bitwell Technologies Limited’s revenue fell 11% to £2.8k in the year to 31 Jul 2024, with a loss of £1.5k and 4 employees. We hold 3 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Last filed accounts · year to 31 Jul 2024

Key figures

IndependentSmall team

Revenue

£2.8k

Growth ▼11.5%

Profit

−£1.5k

Growth —

Profit margin

−52.3%

Employees

Change —

Profit / employee

−£371

Revenue/employee £708

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jul 2022	31 Jul 2023	31 Jul 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.5k	£3.2k	£2.8k
Profit after tax	−£6.9k	−£1.5k	−£1.5k
Profit (best available)	−£6.9k	−£1.5k	−£1.5k
Staff costs	—	—	£0
Employees (average)	—	0	4
Ratios
Profit margin	−462.9%	−47.9%	−52.3%
Revenue per employee	—	—	£708
Profit per employee	—	—	−£371
Growth (year on year)
Revenue growth	—	▲113.3%	▼11.5%
Balance sheet — indirect signals, not revenue
Net assets	−£2.6k	−£3k	−£4.4k
Fixed assets	£4.4k	£2.9k	£1.5k
Current assets	£1.5k	£3.2k	£2.8k
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Aug 2024

Derived from the latest filing

How the business works

Profit margin: −52.3%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £708; Revenue ÷ average employees.
Profit per employee: −£371; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 51.6%; 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.

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: —; Now −£4.4k
Cash at bank: —; Now —
Headcount: —; Now 4
Deferred income: —; Now —
Fixed assets: ▼50%; Now £1.5k

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jul 2024 (profit −£1.5k), from the Companies House accounts bulk data published Aug 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.