Assettrain Financial Technologies Ltd
Registered name: ASSETTRAIN FINANCIAL TECHNOLOGIES LTD
Assettrain Financial Technologies Ltd made £1m revenue and £390k profit in the year to 30 Nov 2024.
Assettrain Financial Technologies Ltd’s revenue grew 11% to £1m in the year to 30 Nov 2024, with £390k profit and 10 employees. The company is classified under “activities of financial services holding companies” and is based in London; we hold 3 years of its filed accounts.
- Status
- Liquidation
- Location
- London, London
- Age
- 4 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 Nov 2022 | 30 Nov 2023 | 30 Nov 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £900k | £1m |
| Cost of sales | — | £630k | £700k |
| Gross profit | — | £270k | £300k |
| Operating profit | — | £707k | £390k |
| Profit before tax | — | £707k | £390k |
| Profit after tax | — | £707k | £390k |
| Profit (best available) | — | £707k | £390k |
| Employees (average) | 5 | 25 | 10 |
| Ratios | |||
| Profit margin | — | 78.5% | 39% |
| Gross margin | — | 30% | 30% |
| Revenue per employee | — | £36k | £100k |
| Profit per employee | — | £28.3k | £39k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲11.1% |
| Profit growth | — | — | ▼44.8% |
| Headcount growth | — | ▲400% | ▼60% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £87.1k | £12.1m | £200k |
| Net assets | £2m | £122m | £35.8m |
| Fixed assets | £1m | £83.7m | £15.5m |
| Current assets | £293 | £52.3m | £20.4m |
| Debtors | £4.5m | £1m | £1m |
| Source | FullAccounts · bulk data Nov 2023 | AbridgedAccounts · bulk data Feb 2024 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 39%
- Profit ÷ revenue.
- Gross margin
- 30%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £100k
- Revenue ÷ average employees.
- Profit per employee
- £39k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1550%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 100%
- 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
- ▼71%
- Now £35.8m
- Cash at bank
- ▼98%
- Now £200k
- Headcount
- ▼60%
- Now 10
- Deferred income
- —
- Now —
- Fixed assets
- ▼81%
- Now £15.5m
Sources
Latest figures from FullAccounts for the year to 30 Nov 2024 (profit £390k), from the Companies House accounts bulk data published Dec 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.