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Company No. 13835821 · Incorporated 8 Jan 2022

Has a Plug Ltd

Registered name: HAS A PLUG LTD

Has a Plug Ltd made £35.8k revenue and £19k profit in the year to 31 Jan 2025.

Has a Plug Ltd’s revenue was £35.8k in the year to 31 Jan 2025, with £19k profit and 1 employee. The company is classified under “information technology consultancy activities” and is based in Barnstaple; we hold 3 years of its filed accounts.

Status
Active
Location
Barnstaple, South West
Age
4 yrs · since 2022
Type
Private Limited Company
Latest accounts · year to 31 Jan 2025

Key figures

IndependentSmall teamYoung and profitable
Revenue
£35.8k
Growth —
Profit
£19k
Growth —
Profit margin
53.2%
 
Employees
1
Change 0%
Profit / employee
£19k
Revenue/employee £35.8k
Profitable streak
1yr
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 to31 Jan 202331 Jan 202431 Jan 2025
DisclosureNo P&LNo P&LFull P&L
Profit & loss
Revenue (turnover)——£35.8k
Profit after tax——£19k
Profit (best available)——£19k
Staff costs——£10.7k
Employees (average)011
Ratios
Profit margin——53.2%
Revenue per employee——£35.8k
Profit per employee——£19k
Growth (year on year)
Headcount growth——0%
Balance sheet — indirect signals, not revenue
Net assets£1£71£19k
Fixed assets£0£0—
Current assets£0£28£20.6k
SourceFullAccounts · bulk data Feb 2024FullAccounts · bulk data Feb 2024FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
53.2%
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£35.8k
Revenue ÷ average employees.
Profit per employee
£19k
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.
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
▲26596%
Now £19k
Cash at bank
—
Now —
Headcount
0%
Now 1
Deferred income
—
Now —
Fixed assets
—
Now —
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Jan 2025 (profit £19k), from the Companies House accounts bulk data published Sep 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.