Psalm24concept LtdDissolved
Registered name: PSALM24CONCEPT LTD
Psalm24concept Ltd made £12k revenue and a £600 loss in the year to 31 Jul 2024.
Psalm24concept Ltd’s revenue fell 38% to £12k in the year to 31 Jul 2024, with a loss of £600 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 Jul 2023 | 31 Jul 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £19.4k | £12k |
| Profit after tax | £886 | −£600 |
| Profit (best available) | £886 | −£600 |
| Staff costs | £16k | £9.2k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | 4.6% | −5% |
| Growth (year on year) | ||
| Revenue growth | — | ▼38.1% |
| Profit growth | — | ▼167.7% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £3.3k | £2.9k |
| Fixed assets | £3.2k | £2.4k |
| Current assets | £1.1k | £500 |
| Source | Full Accounts · bulk data Apr 2024 | FullAccounts · bulk data Aug 2024 |
How the business works
- Profit margin
- −5%
- 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
- 20%
- 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
- ▼11%
- Now £2.9k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼25%
- Now £2.4k
Sources
Latest figures from FullAccounts for the year to 31 Jul 2024 (profit −£600), from the Companies House accounts bulk data published Aug 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.