Pass IT Now Limited
Registered name: PASS IT NOW LIMITED
Pass IT Now Limited made £36.1k revenue and £8.5k profit in the year to 31 Dec 2024.
Pass IT Now Limited’s revenue grew 1611% to £36.1k in the year to 31 Dec 2024, with £8.5k profit and 0 employees. The company is classified under “driving school activities” and is based in Newcastle Upon Tyne; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Newcastle Upon Tyne, North East
- Age
- 3 yrs · since 2022
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £2.1k | £36.1k |
| Gross profit | £2.1k | £36.1k |
| Operating profit | £867 | £10.3k |
| Profit before tax | £867 | £10.3k |
| Profit after tax | £867 | £8.5k |
| Profit (best available) | £867 | £8.5k |
| Staff costs | £1k | — |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | 41.1% | 23.6% |
| Gross margin | 100% | 100% |
| Growth (year on year) | ||
| Revenue growth | — | ▲1611% |
| Profit growth | — | ▲883.3% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1k | £5.4k |
| Net assets | £767 | £3.6k |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 23.6%
- Profit ÷ revenue.
- Gross margin
- 100%
- 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
- —
- 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
- ▲370%
- Now £3.6k
- Cash at bank
- ▲436%
- Now £5.4k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £8.5k), from the Companies House accounts bulk data published Sep 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.