David Morrison LtdDissolved
Registered name: DAVID MORRISON LTD
David Morrison Ltd made £52.6k revenue and £1k profit in the year to 30 Sep 2023.
David Morrison Ltd’s revenue fell 44% to £52.6k in the year to 30 Sep 2023, with £1k profit and 1 employee. 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 | 30 Sep 2022 | 30 Sep 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £94.6k | £52.6k |
| Profit after tax | £4.6k | £1k |
| Profit (best available) | £4.6k | £1k |
| Staff costs | £17.5k | £14.5k |
| Employees (average) | — | 1 |
| Ratios | ||
| Profit margin | 4.9% | 1.9% |
| Revenue per employee | — | £52.6k |
| Profit per employee | — | £1k |
| Growth (year on year) | ||
| Revenue growth | — | ▼44.4% |
| Profit growth | — | ▼78% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £6.4k | £4.8k |
| Fixed assets | £0 | £0 |
| Current assets | £7.3k | £5.9k |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 |
How the business works
- Profit margin
- 1.9%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £52.6k
- Revenue ÷ average employees.
- Profit per employee
- £1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- 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
- ▼26%
- Now £4.8k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £0
Sources
Latest figures from FullAccounts for the year to 30 Sep 2023 (profit £1k), from the Companies House accounts bulk data published Jun 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.