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Company No. 14278593 · Incorporated 5 Aug 2022

Accounted Ltd

Registered name: ACCOUNTED LTD

Accounted Ltd made £458k revenue and £27.5k profit in the year to 31 Aug 2024.

Accounted Ltd’s revenue grew 2128% to £458k in the year to 31 Aug 2024, with £27.5k profit and 2 employees. The company is classified under “accounting and auditing activities” and is based in Cardiff; we hold 2 years of its filed accounts.

Status
Liquidation
Location
Cardiff, Wales
Age
4 yrs · since 2022
Type
Private Limited Company
Latest accounts · year to 31 Aug 2024

Key figures

IndependentSmall teamCapital-lightYoung and profitable
Revenue
£458k
Growth ▲2128%
Profit
£27.5k
Growth —
Profit margin
6%
Gross 91.9%
Employees
2
Change ▲100%
Profit / employee
£13.8k
Revenue/employee £229k
Profitable streak
1yr
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Aug 202331 Aug 2024
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£20.6k£458k
Cost of sales£30£37.2k
Gross profit£20.5k£421k
Operating profit−£2.4k£27.5k
Profit before tax−£2.4k£27.5k
Profit after tax−£2.4k£27.5k
Profit (best available)−£2.4k£27.5k
Employees (average)12
Ratios
Profit margin−11.7%6%
Gross margin99.9%91.9%
Revenue per employee£20.6k£229k
Profit per employee−£2.4k£13.8k
Growth (year on year)
Revenue growth—▲2128%
Headcount growth—▲100%
Balance sheet — indirect signals, not revenue
Cash at bank£879£12.4k
Net assets−£2.4k£27.5k
Fixed assets£841£3.1k
Current assets£10.4k£25.6k
Debtors£9.5k£13.1k
SourceFullAccounts · bulk data Jul 2024FullAccounts · bulk data Oct 2024
Derived from the latest filing

How the business works

Profit margin
6%
Profit ÷ revenue.
Gross margin
91.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£229k
Revenue ÷ average employees.
Profit per employee
£13.8k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
2.9%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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
—
Now £27.5k
Cash at bank
▲1316%
Now £12.4k
Headcount
▲100%
Now 2
Deferred income
—
Now —
Fixed assets
▲272%
Now £3.1k
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Aug 2024 (profit £27.5k), 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.