Capita IT Services LimitedDissolved
Registered name: CAPITA IT SERVICES LIMITED
Capita IT Services Limited made £0 revenue and £115k profit in the year to 31 Dec 2023. read from filing text
Capita IT Services Limited’s revenue fell 100% to £0 in the year to 31 Dec 2023, with £115k profit and 1 employee. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. 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
Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £22.4m | £0 |
| Cost of sales | £19.5m | £0 |
| Gross profit | £2.9m | £0 |
| Operating profit | £344k | −£390k |
| Profit before tax | £15.8m | £115k |
| Profit after tax | £15.3m | — |
| Profit (best available) | £15.3m | £115k |
| Staff costs | £8m | £0 |
| Employees (average) | 115 | 1 |
| Ratios | ||
| Profit margin | 68.3% | — |
| Gross margin | 12.9% | — |
| Revenue per employee | £195k | £0 |
| Profit per employee | £133k | £115k |
| Growth (year on year) | ||
| Revenue growth | — | ▼100% |
| Profit growth | — | ▼99.3% |
| Headcount growth | — | ▼99.1% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £485k | £34k |
| Net assets | £92.7m | £2.5m |
| Debtors | £41k | £0 |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £0
- Revenue ÷ average employees.
- Profit per employee
- £115k
- 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
- ▼97%
- Now £2.5m
- Cash at bank
- ▼93%
- Now £34k
- Headcount
- ▼99%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £115k), from the Companies House accounts bulk data published Sep 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.