J23M LLP
J23M LLP made £78k revenue and £14.6k profit in the year to 31 Dec 2025.
J23M LLP’s revenue grew 7% to £78k in the year to 31 Dec 2025, with £14.6k profit and 0 employees. The company is based in Belfast; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Belfast, Northern Ireland
- Age
- 10 yrs · since 2015
- Type
- Limited Liability Partnership
Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. 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 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £46.4k | £67.9k | £72.7k | £78k |
| Cost of sales | — | — | £21.8k | £23.6k |
| Gross profit | £46.4k | £67.9k | £72.7k | £54.4k |
| Operating profit | £26.9k | £46.4k | £50.9k | £54.4k |
| Profit before tax | £11.7k | £5.6k | £6.6k | £14.6k |
| Profit after tax | £11.7k | £5.6k | £6.6k | £14.6k |
| Profit (best available) | £11.7k | £5.6k | £6.6k | £14.6k |
| Employees (average) | 0 | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | 25.2% | 8.2% | 9.1% | 18.7% |
| Gross margin | 100% | 100% | 100% | 69.8% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲46.2% | ▲7.1% | ▲7.3% |
| Profit growth | — | ▼52.4% | ▲18.9% | ▲119.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £5.9k | £5.3k | £6k | £7k |
| Net assets | £147k | £152k | £155k | £162k |
| Fixed assets | £650k | £650k | £650k | £650k |
| Current assets | £5.9k | £5.3k | £6k | £7k |
| Source | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 18.7%
- Profit ÷ revenue.
- Gross margin
- 69.8%
- 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
- 833%
- 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
- ▲4%
- Now £162k
- Cash at bank
- ▲17%
- Now £7k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £650k
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £14.6k), from the Companies House accounts bulk data published Sep 2026. 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.