How much does China 1+1 Ltd make?

China 1+1 Ltd reported revenue of £120k and a loss of £82.5k in the year to 31 Jan 2024, according to its accounts filed at Companies House.

How many employees does China 1+1 Ltd have?

China 1+1 Ltd reported an average of 9 employees in the year to 31 Jan 2024.

Is China 1+1 Ltd profitable?

No — China 1+1 Ltd reported a loss of £82.5k in the year to 31 Jan 2024.

Company No. NI666854 · Incorporated 8 Jan 2020

China 1+1 Ltd

Registered name: CHINA 1+1 LTD

China 1+1 Ltd made £120k revenue and a £82.5k loss in the year to 31 Jan 2024.

China 1+1 Ltd’s revenue fell 62% to £120k in the year to 31 Jan 2024, with a loss of £82.5k and 9 employees. The company is classified under “unlicensed restaurants and cafes” and is based in Belfast; we hold 3 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56102Unlicensed restaurants and cafes

Status: Active - Proposal to Strike off
Location: Belfast, Northern Ireland
Age: 6 yrs · since 2020
Type: Private Limited Company

Latest accounts · year to 31 Jan 2024

Key figures

IndependentSmall team

Revenue

£120k

Growth ▼62.5%

Profit

−£82.5k

Growth —

Profit margin

−68.8%

Employees

Change ▲28.6%

Profit / employee

−£9.2k

Revenue/employee £13.3k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jan 2022	31 Jan 2023	31 Jan 2024
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£320k	£120k
Profit after tax	—	−£18.2k	−£82.5k
Profit (best available)	—	−£18.2k	−£82.5k
Staff costs	—	£117k	£80.3k
Employees (average)	—	7	9
Ratios
Profit margin	—	−5.7%	−68.8%
Revenue per employee	—	£45.7k	£13.3k
Profit per employee	—	−£2.6k	−£9.2k
Growth (year on year)
Revenue growth	—	—	▼62.5%
Headcount growth	—	—	▲28.6%
Balance sheet — indirect signals, not revenue
Net assets	£34.8k	£14k	−£68.6k
Fixed assets	£33.6k	£33.6k	£33.6k
Current assets	£77.8k	£63.7k	£21.9k
Source	FullAccounts · bulk data Oct 2023	FullAccounts · bulk data Oct 2023	FullAccounts · bulk data Oct 2024

Derived from the latest filing

How the business works

Profit margin: −68.8%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £13.3k; Revenue ÷ average employees.
Profit per employee: −£9.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 28%; 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.

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: ▼591%; Now −£68.6k
Cash at bank: —; Now —
Headcount: ▲29%; Now 9
Deferred income: —; Now —
Fixed assets: 0%; Now £33.6k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jan 2024 (profit −£82.5k), from the Companies House accounts bulk data published Oct 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.