Abode16 LtdDissolved
Registered name: ABODE16 LTD
Abode16 Ltd made £7k revenue and £848 profit in the year to 31 Mar 2024.
Abode16 Ltd’s revenue fell 54% to £7k in the year to 31 Mar 2024, with £848 profit and 2 employees. We hold 3 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £15.2k | £7k |
| Cost of sales | — | £9.6k | £5.9k |
| Gross profit | — | £5.5k | £1.1k |
| Operating profit | — | £767 | £848 |
| Profit before tax | — | £617 | £848 |
| Profit after tax | — | £617 | £848 |
| Profit (best available) | — | £617 | £848 |
| Employees (average) | 0 | 0 | 2 |
| Ratios | |||
| Profit margin | — | 4.1% | 12.2% |
| Gross margin | — | 36.5% | 15.2% |
| Revenue per employee | — | — | £3.5k |
| Profit per employee | — | — | £424 |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼54% |
| Profit growth | — | — | ▲37.4% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2 | £1.5k | £2.9k |
| Net assets | £202 | £7.3k | £8.6k |
| Fixed assets | £200 | £200 | — |
| Current assets | £2 | £7.1k | £8.6k |
| Debtors | £0 | £0 | — |
| Deferred income | £0 | £0 | — |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Jan 2025 |
How the business works
- Profit margin
- 12.2%
- Profit ÷ revenue.
- Gross margin
- 15.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £3.5k
- Revenue ÷ average employees.
- Profit per employee
- £424
- 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
- ▲17%
- Now £8.6k
- Cash at bank
- ▲89%
- Now £2.9k
- Headcount
- —
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £848), from the Companies House accounts bulk data published Jan 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.