J&M Driving Services LtdDissolved
Registered name: J&M DRIVING SERVICES LTD
J&M Driving Services Ltd made £39.9k revenue and a £860 loss in the year to 31 Oct 2024.
J&M Driving Services Ltd’s revenue grew 53% to £39.9k in the year to 31 Oct 2024, with a loss of £860 and 2 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 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £26.9k | £26k | £39.9k |
| Cost of sales | £14.4k | — | £4.2k |
| Gross profit | £12.4k | £26k | £35.7k |
| Operating profit | −£18.5k | £780 | −£860 |
| Profit before tax | −£18.5k | £780 | −£860 |
| Profit after tax | −£18.5k | £575 | −£860 |
| Profit (best available) | −£18.5k | £575 | −£860 |
| Employees (average) | 4 | 3 | 2 |
| Ratios | |||
| Profit margin | −68.8% | 2.2% | −2.2% |
| Gross margin | 46.3% | 100% | 89.6% |
| Revenue per employee | £6.7k | £8.7k | £19.9k |
| Profit per employee | −£4.6k | £192 | −£430 |
| Growth (year on year) | |||
| Revenue growth | — | ▼3.1% | ▲53.2% |
| Profit growth | — | — | ▼249.6% |
| Headcount growth | — | ▼25% | ▼33.3% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.8k | £3.7k | — |
| Net assets | −£18.4k | −£25k | −£25.9k |
| Fixed assets | £1.2k | £900 | — |
| Current assets | £1.8k | £3.7k | — |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data Nov 2024 |
How the business works
- Profit margin
- −2.2%
- Profit ÷ revenue.
- Gross margin
- 89.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £19.9k
- Revenue ÷ average employees.
- Profit per employee
- −£430
- 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 −£25.9k
- Cash at bank
- —
- Now —
- Headcount
- ▼33%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Oct 2024 (profit −£860), from the Companies House accounts bulk data published Nov 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.