Shining Silver Thread LimitedDissolved
Registered name: SHINING SILVER THREAD LIMITED
Shining Silver Thread Limited made £1.4k revenue and a £1.6k loss in the year to 31 May 2024.
Shining Silver Thread Limited’s revenue fell 75% to £1.4k in the year to 31 May 2024, with a loss of £1.6k and 0 employees. 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 May 2023 | 31 May 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £5.5k | £1.4k |
| Profit after tax | £3.3k | −£1.6k |
| Profit (best available) | £3.3k | −£1.6k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | 60.4% | −116.6% |
| Growth (year on year) | ||
| Revenue growth | — | ▼75.2% |
| Profit growth | — | ▼147.9% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £3.3k | £1.7k |
| Fixed assets | £0 | — |
| Current assets | £5k | £4.2k |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Oct 2024 |
How the business works
- Profit margin
- −116.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- ▼48%
- Now £1.7k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 May 2024 (profit −£1.6k), 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.