Ewe Holdings Limited
Registered name: EWE HOLDINGS LIMITED
Ewe Holdings Limited made £11m revenue and £144k profit in the year to 31 Jan 2024.
Ewe Holdings Limited’s revenue grew 1136% to £11m in the year to 31 Jan 2024, with £145k profit and 55 employees. The company is classified under “activities of other holding companies” and is based in Brigg; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Brigg, Yorkshire and The Humber
- Age
- 4 yrs · since 2022
- 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 | 31 Jan 2023 | 31 Jan 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £887k | £11m |
| Cost of sales | −£238k | £6.3m |
| Gross profit | £1.1m | £4.7m |
| Operating profit | −£9.7m | £912k |
| Profit before tax | £88.7k | £730k |
| Profit after tax | −£2.6k | £145k |
| Profit (best available) | −£2.6k | £145k |
| Staff costs | £484k | £2.3m |
| Employees (average) | 2 | 55 |
| Ratios | ||
| Profit margin | −0.3% | 1.3% |
| Gross margin | 126.9% | 42.7% |
| Revenue per employee | £444k | £199k |
| Profit per employee | −£1.3k | £2.6k |
| Cash conversion | — | 26.8% |
| Growth (year on year) | ||
| Revenue growth | — | ▲1136% |
| Headcount growth | — | ▲2650% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £201k | £39.9k |
| Net assets | £4.7m | £4.8m |
| Fixed assets | £4.2m | £4.2m |
| Current assets | £554k | £765k |
| Debtors | £443k | £536k |
| Deferred income | £2.5k | £6.5k |
| Cash from operations | −£11.9m | £244k |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Oct 2024 |
How the business works
- Profit margin
- 1.3%
- Profit ÷ revenue.
- Gross margin
- 42.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £199k
- Revenue ÷ average employees.
- Profit per employee
- £2.6k
- Profit ÷ average employees.
- Cash conversion
- 26.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 38.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.9%
- 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
- ▲3%
- Now £4.8m
- Cash at bank
- ▼80%
- Now £39.9k
- Headcount
- ▲2650%
- Now 55
- Deferred income
- ▲160%
- Now £6.5k
- Fixed assets
- 0%
- Now £4.2m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- Sumo UK Ltd.Figures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Jan 2024 (profit £145k), from the Companies House accounts bulk data published Oct 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.