Correct Calculations LtdDissolved
Registered name: CORRECT CALCULATIONS LTD
Correct Calculations Ltd made £3.3k revenue and £2.9k profit in the year to 31 Mar 2024.
Correct Calculations Ltd’s revenue fell 60% to £3.3k in the year to 31 Mar 2024, with £2.9k profit and 1 employee. We hold 2 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 Mar 2023 | 31 Mar 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £8.2k | £3.3k |
| Gross profit | £8.2k | — |
| Operating profit | £8k | — |
| Profit before tax | £8k | — |
| Profit after tax | £8k | £2.9k |
| Profit (best available) | £8k | £2.9k |
| Employees (average) | 1 | 1 |
| Ratios | ||
| Profit margin | 96.9% | 87.9% |
| Gross margin | 100% | — |
| Revenue per employee | £8.2k | £3.3k |
| Profit per employee | £8k | £2.9k |
| Growth (year on year) | ||
| Revenue growth | — | ▼60% |
| Profit growth | — | ▼63.7% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £75 | £0 |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data May 2024 |
How the business works
- Profit margin
- 87.9%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £3.3k
- Revenue ÷ average employees.
- Profit per employee
- £2.9k
- 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
- ▼100%
- Now £0
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £2.9k), from the Companies House accounts bulk data published May 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.