Cortus TS LLPDissolved
Registered name: CORTUS TS LLP
Cortus TS LLP made £3.8m revenue and £1.6m profit in the year to 30 Jun 2024.
Cortus TS LLP’s revenue was £3.8m in the year to 30 Jun 2024, with £1.6m profit and 15 employees. We hold 2 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 2023 | 30 Jun 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £2.5m | £3.8m |
| Cost of sales | £250k | £455k |
| Gross profit | £2.2m | £3.4m |
| Profit after tax | £1.4m | £1.6m |
| Profit (best available) | £1.4m | £1.6m |
| Employees (average) | 12 | 15 |
| Ratios | ||
| Profit margin | 56.9% | 42.9% |
| Gross margin | 89.9% | 88.1% |
| Revenue per employee | £205k | £255k |
| Profit per employee | £117k | £109k |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £378k | £285k |
| Net assets | — | — |
| Fixed assets | £8.8k | £8.1k |
| Current assets | £1.1m | £1m |
| Debtors | £477k | £241k |
| Source | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2025 |
How the business works
- Profit margin
- 42.9%
- Profit ÷ revenue.
- Gross margin
- 88.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £255k
- Revenue ÷ average employees.
- Profit per employee
- £109k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6.3%
- 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 £285k
- Headcount
- —
- Now 15
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £8.1k
Sources
Latest figures from FullAccounts for the year to 30 Jun 2024 (profit £1.6m), 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.