Wetware LtdDissolved
Registered name: WETWARE LTD
Wetware Ltd made £3.2k revenue and a £1.3k loss in the year to 31 Mar 2025.
Wetware Ltd’s revenue fell 67% to £3.3k in the year to 31 Mar 2025, with a loss of £1.3k and 0 employees. We hold 3 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 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £10.6k | £9.8k | £3.3k |
| Profit after tax | £3.9k | £935 | −£1.3k |
| Profit (best available) | £3.9k | £935 | −£1.3k |
| Staff costs | £0 | £0 | £0 |
| Employees (average) | — | 0 | 0 |
| Ratios | |||
| Profit margin | 36.8% | 9.6% | −39.2% |
| Growth (year on year) | |||
| Revenue growth | — | ▼8.2% | ▼66.7% |
| Profit growth | — | ▼76% | ▼236.2% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | £5.7k | £1k | £500 |
| Fixed assets | £0 | £0 | £0 |
| Current assets | £3.9k | £935 | £0 |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −39.2%
- 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
- 0%
- 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
- ▼51%
- Now £500
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £0
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£1.3k), from the Companies House accounts bulk data published Dec 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.