Kensington Meter Assets Ltd
Registered name: KENSINGTON METER ASSETS LTD
Part of Yü Group PLC groupKensington Meter Assets Ltd made £77k revenue and a £160k loss in the year to 31 Dec 2023.
Kensington Meter Assets Ltd’s revenue was £77k in the year to 31 Dec 2023, with a loss of £160k and 0 employees. The company is classified under “renting and leasing of other machinery, equipment and tangible goods” and is based in Nottingham; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Nottingham, East Midlands
- Age
- 4 yrs · since 2022
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £0 | £77k |
| Operating profit | −£4k | −£12k |
| Profit before tax | −£4k | −£16k |
| Profit after tax | −£4k | −£160k |
| Profit (best available) | −£4k | −£160k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | — | −207.8% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £0 | £108k |
| Net assets | −£4k | −£164k |
| Fixed assets | £53k | £1.2m |
| Current assets | £1k | £190k |
| Debtors | £1k | £82k |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 |
How the business works
- Profit margin
- −207.8%
- 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
- 1508%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 106.5%
- 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
- —
- Now −£164k
- Cash at bank
- —
- Now £108k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▲2091%
- Now £1.2m
Group structure
Ownership chain
- Yü Group PLCultimate parent75–100%
- Yü Services Limited75–100%
- Kensington Meter Assets Ltdthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£160k), 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.