Churngold Holdings Limited
Registered name: CHURNGOLD HOLDINGS LIMITED
Churngold Holdings Limited made £1.8m revenue and a £11k loss in the year to 31 May 2024.
Churngold Holdings Limited’s revenue was £1.8m in the year to 31 May 2024, with a loss of £11k and 152 employees. The company is classified under “activities of other holding companies” and is based in Hallen.
- Status
- Active
- Location
- Hallen, South West
- Age
- 2 yrs · since 2023
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2024 |
|---|---|
| Disclosure | Full P&L |
| Profit & loss | |
| Revenue (turnover) | £1.8m |
| Cost of sales | £1.6m |
| Gross profit | £182k |
| Operating profit | £96k |
| Profit before tax | £86k |
| Profit after tax | −£11k |
| Profit (best available) | −£11k |
| Staff costs | £279k |
| Employees (average) | 152 |
| Ratios | |
| Profit margin | −0.6% |
| Gross margin | 10.3% |
| Revenue per employee | £11.6k |
| Profit per employee | −£72 |
| Cash conversion | 2833% |
| Balance sheet — indirect signals, not revenue | |
| Cash at bank | £11.3m |
| Net assets | £368k |
| Fixed assets | £9.4m |
| Current assets | £21.6m |
| Debtors | £2.7m |
| Cash from operations | £2.7m |
| Source | Accounts · bulk data Nov 2024 |
How the business works
- Profit margin
- −0.6%
- Profit ÷ revenue.
- Gross margin
- 10.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £11.6k
- Revenue ÷ average employees.
- Profit per employee
- −£72
- Profit ÷ average employees.
- Cash conversion
- 2833%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 533.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 152.8%
- 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 £368k
- Cash at bank
- —
- Now £11.3m
- Headcount
- —
- Now 152
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £9.4m
Group structure
Subsidiaries (2)
- Churngold Construction Group LimitedRev. £61.4m · Profit £1.2m
- Churngold Ebt Trustee LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 May 2024 (profit −£11k), from the Companies House accounts bulk data published Nov 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.