How much does Ghafar & Co Ltd make?

Ghafar & Co Ltd reported revenue of £99.6k and a loss of £25.9k in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does Ghafar & Co Ltd have?

Ghafar & Co Ltd reported an average of 2 employees in the year to 31 Mar 2024.

Is Ghafar & Co Ltd profitable?

No — Ghafar & Co Ltd reported a loss of £25.9k in the year to 31 Mar 2024.

Company No. SC461206 · Incorporated 10 Oct 2013

Ghafar & Co Ltd

Registered name: GHAFAR & CO LTD

Ghafar & Co Ltd made £99.6k revenue and a £25.9k loss in the year to 31 Mar 2024.

Ghafar & Co Ltd’s revenue fell 20% to £99.6k in the year to 31 Mar 2024, with a loss of £25.9k and 2 employees. The company is classified under “solicitors” and is based in Glasgow; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 69102Solicitors

Status: Active - Proposal to Strike off
Location: Glasgow, Scotland
Age: 13 yrs · since 2013
Type: Private Limited Company

Latest accounts · year to 31 Mar 2024

Key figures

IndependentSmall teamCapital-light

Revenue

£99.6k

Growth ▼20.4%

Profit

−£25.9k

Growth —

Profit margin

−26%

Gross 99.5%

Employees

Change 0%

Profit / employee

−£12.9k

Revenue/employee £49.8k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£69.6k	£125k	£99.6k
Cost of sales	—	£2.7k	£519
Gross profit	£69.6k	£122k	£99.1k
Operating profit	£9k	−£280	−£24.6k
Profit before tax	£8.4k	−£196	−£25.9k
Profit after tax	£8.4k	−£196	−£25.9k
Profit (best available)	£8.4k	−£196	−£25.9k
Employees (average)	2	2	2
Ratios
Profit margin	12.1%	−0.2%	−26%
Gross margin	100%	97.9%	99.5%
Revenue per employee	£34.8k	£62.5k	£49.8k
Profit per employee	£4.2k	−£98	−£12.9k
Growth (year on year)
Revenue growth	—	▲79.7%	▼20.4%
Profit growth	—	▼102.3%	—
Headcount growth	—	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£15.7k	£20k	£6.7k
Net assets	−£2.5k	£13.8k	−£12.5k
Fixed assets	£8.1k	£8.1k	£9k
Current assets	£24.8k	£38.4k	£15k
Debtors	£6.2k	£7.2k	£3.8k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FilletedAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: −26%; Profit ÷ revenue.
Gross margin: 99.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £49.8k; Revenue ÷ average employees.
Profit per employee: −£12.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3.8%; 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: ▼191%; Now −£12.5k
Cash at bank: ▼67%; Now £6.7k
Headcount: 0%; Now 2
Deferred income: —; Now —
Fixed assets: ▲11%; Now £9k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FilletedAccounts for the year to 31 Mar 2024 (profit −£25.9k), 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.