How much does HHMusic LLP make?

HHMusic LLP reported revenue of £283k and £0 profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does HHMusic LLP have?

HHMusic LLP reported an average of 5 employees in the year to 31 Mar 2023.

Is HHMusic LLP profitable?

HHMusic LLP reported break-even results (zero profit) in the year to 31 Mar 2023.

Company No. OC423346

HHMusic LLPDissolved

HHMusic LLP made £283k revenue and £0 profit in the year to 31 Mar 2023.

HHMusic LLP’s revenue grew 7% to £283k in the year to 31 Mar 2023, with £0 profit and 5 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Last filed accounts · year to 31 Mar 2023

Key figures

IndependentSmall teamCapital-lightDoing more with less

Revenue

£283k

Growth ▲6.8%

Profit

£0

Growth ▼100%

Profit margin

Gross 88.7%

Employees

Change ▼37.5%

Profit / employee

£0

Revenue/employee £56.6k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£265k	£283k
Cost of sales	£2.1k	£31.9k
Gross profit	£263k	£251k
Operating profit	£143k	£159k
Profit after tax	—	£0
Profit (best available)	£143k	£0
Employees (average)	8	5
Ratios
Profit margin	54%	0%
Gross margin	99.2%	88.7%
Revenue per employee	£33.1k	£56.6k
Profit per employee	£17.9k	£0
Growth (year on year)
Revenue growth	—	▲6.8%
Profit growth	—	▼100%
Headcount growth	—	▼37.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£17.8k	£19.6k
Net assets	£79.4k	£122k
Fixed assets	£6.9k	£5.1k
Current assets	£194k	£234k
Debtors	£176k	£215k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: 0%; Profit ÷ revenue.
Gross margin: 88.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £56.6k; 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: 1.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 75.8%; 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: ▲54%; Now £122k
Cash at bank: ▲11%; Now £19.6k
Headcount: ▼38%; Now 5
Deferred income: —; Now —
Fixed assets: ▼25%; Now £5.1k

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2023 (profit £0), from the Companies House accounts bulk data published Dec 2023. 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.