Simply Local Willenhall LLP
Registered name: SIMPLY LOCAL WILLENHALL LLP
Simply Local Willenhall LLP made £89.2k revenue and £35.2k profit in the year to 31 Mar 2024.
Simply Local Willenhall LLP’s revenue fell 38% to £89.2k in the year to 31 Mar 2024, with £35.2k profit and 0 employees. The company is based in Birmingham; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Birmingham, West Midlands
- Age
- 14 yrs · since 2012
- 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 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £145k | £89.2k |
| Cost of sales | — | £87.4k | £75.2k |
| Gross profit | — | £57.3k | £14k |
| Operating profit | — | £81.8k | £47.9k |
| Profit after tax | — | £65.1k | £35.2k |
| Profit (best available) | — | £65.1k | £35.2k |
| Employees (average) | 2 | 0 | 0 |
| Ratios | |||
| Profit margin | — | 45% | 39.5% |
| Gross margin | — | 39.6% | 15.7% |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼38.3% |
| Profit growth | — | — | ▼45.9% |
| Headcount growth | — | ▼100% | — |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £74 | £217 | £233 |
| Net assets | — | — | — |
| Fixed assets | £32.2k | £21k | £17.9k |
| Current assets | £615k | £733k | £711k |
| Debtors | £452k | £657k | £711k |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Feb 2025 |
How the business works
- Profit margin
- 39.5%
- Profit ÷ revenue.
- Gross margin
- 15.7%
- 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
- 20%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 797.2%
- 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 —
- Cash at bank
- ▲7%
- Now £233
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼15%
- Now £17.9k
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £35.2k), from the Companies House accounts bulk data published Feb 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.