How much does The Rising Sponge Ltd make?

The Rising Sponge Ltd reported revenue of £801 and £143 profit in the year to 30 Nov 2023, according to its accounts filed at Companies House.

How many employees does The Rising Sponge Ltd have?

The Rising Sponge Ltd reported an average of 1 employee in the year to 30 Nov 2023.

Is The Rising Sponge Ltd profitable?

Yes — The Rising Sponge Ltd reported a profit of £143 in the year to 30 Nov 2023.

Company No. 14469221

The Rising Sponge LtdDissolved

Registered name: THE RISING SPONGE LTD

The Rising Sponge Ltd made £801 revenue and £143 profit in the year to 30 Nov 2023.

The Rising Sponge Ltd’s revenue was £801 in the year to 30 Nov 2023, with £143 profit and 1 employee. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Last filed accounts · year to 30 Nov 2023

Key figures

IndependentSmall teamCapital-light

Revenue

£801

Growth —

Profit

£143

Growth —

Profit margin

17.8%

Gross 43.1%

Employees

Change —

Profit / employee

£143

Revenue/employee £801

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.

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to	30 Nov 2023
Disclosure	Full P&L
Profit & loss
Revenue (turnover)	£801
Cost of sales	£456
Gross profit	£345
Operating profit	£177
Profit before tax	£177
Profit after tax	£143
Profit (best available)	£143
Employees (average)	1
Ratios
Profit margin	17.8%
Gross margin	43.1%
Revenue per employee	£801
Profit per employee	£143
Balance sheet — indirect signals, not revenue
Cash at bank	£177
Net assets	£177
Fixed assets	£0
Current assets	£177
Debtors	£0
Source	FullAccounts · bulk data Jan 2024

Derived from the latest filing

How the business works

Profit margin: 17.8%; Profit ÷ revenue.
Gross margin: 43.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £801; Revenue ÷ average employees.
Profit per employee: £143; 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: 0%; 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 £177
Cash at bank: —; Now £177
Headcount: —; Now 1
Deferred income: —; Now —
Fixed assets: —; Now £0

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Nov 2023 (profit £143), from the Companies House accounts bulk data published Jan 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.