Adg Securities LLP
Registered name: ADG SECURITIES LLP
Adg Securities LLP made £5.8m revenue and £4.6m profit in the year to 31 Mar 2024. read from filing text
Adg Securities LLP’s revenue fell 38% to £5.8m in the year to 31 Mar 2024, with £4.6m profit and 0 employees. The company is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 8 yrs · since 2017
- 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.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The”
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 | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £16m | £9.3m | £5.8m |
| Cost of sales | £440k | £557k | £486k |
| Gross profit | £15.5m | £8.8m | £5.3m |
| Profit after tax | £16.3m | £10.3m | £4.6m |
| Profit (best available) | £16.3m | £10.3m | £4.6m |
| Employees (average) | 1 | 1 | 0 |
| Ratios | |||
| Profit margin | 102.2% | 110.6% | 80.2% |
| Gross margin | 97.2% | 94% | 91.6% |
| Revenue per employee | £16m | £9.3m | — |
| Profit per employee | £16.3m | £10.3m | — |
| Growth (year on year) | |||
| Revenue growth | — | ▼41.7% | ▼37.9% |
| Profit growth | — | ▼36.9% | ▼55% |
| Headcount growth | — | 0% | ▼100% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 80.2%
- Profit ÷ revenue.
- Gross margin
- 91.6%
- 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
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼100%
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Minority corporate shareholders
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £4.6m), 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.