Naughtons Solicitors LLP
Registered name: NAUGHTONS SOLICITORS LLP
Naughtons Solicitors LLP made £568k revenue and £0 profit in the year to 31 Mar 2024.
Naughtons Solicitors LLP’s revenue grew 12% to £568k in the year to 31 Mar 2024, with £0 profit and 9 employees. The company is based in Newcastle Upon Tyne; we hold 3 years of its filed accounts.
- Status
- Liquidation
- Location
- Newcastle Upon Tyne, North East
- Age
- 13 yrs · since 2013
- 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) | — | £507k | £568k |
| Gross profit | — | £507k | £568k |
| Operating profit | — | £10.6k | £38.1k |
| Profit after tax | — | — | £0 |
| Profit (best available) | — | £10.6k | £0 |
| Employees (average) | 9 | 9 | 9 |
| Ratios | |||
| Profit margin | — | 2.1% | 0% |
| Gross margin | — | 100% | 100% |
| Revenue per employee | — | £56.4k | £63.1k |
| Profit per employee | — | £1.2k | £0 |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲11.9% |
| Profit growth | — | — | ▼100% |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £127 | £127 | £127 |
| Net assets | −£58.2k | −£85k | −£95.8k |
| Fixed assets | £1.4k | £909 | £609 |
| Current assets | £216k | £274k | £387k |
| Debtors | £212k | £272k | £385k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £63.1k
- Revenue ÷ average employees.
- Profit per employee
- £0
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 67.8%
- 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 −£95.8k
- Cash at bank
- 0%
- Now £127
- Headcount
- 0%
- Now 9
- Deferred income
- —
- Now —
- Fixed assets
- ▼33%
- Now £609
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £0), from the Companies House accounts bulk data published Dec 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.