Telic LimitedDissolved
Telic Limited made £11.9k revenue and a £9.1k loss in the year to 29 Mar 2024.
Telic Limited’s revenue fell 73% to £11.9k in the year to 29 Mar 2024, with a loss of £9.1k and 1 employee. We hold 3 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 | 29 Mar 2022 | 29 Mar 2023 | 29 Mar 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £44k | £11.9k |
| Cost of sales | — | £6.4k | £31 |
| Gross profit | — | £37.6k | £11.9k |
| Operating profit | — | £5k | −£9.5k |
| Profit before tax | — | £5k | −£9.5k |
| Profit after tax | — | £2.1k | −£9.1k |
| Profit (best available) | — | £2.1k | −£9.1k |
| Employees (average) | 2 | 2 | 1 |
| Ratios | |||
| Profit margin | — | 4.8% | −76.1% |
| Gross margin | — | 85.4% | 99.7% |
| Revenue per employee | — | £22k | £11.9k |
| Profit per employee | — | £1.1k | −£9.1k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼72.9% |
| Profit growth | — | — | ▼530.5% |
| Headcount growth | — | 0% | ▼50% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £116k | £99.7k | £50.3k |
| Net assets | £130k | £90k | £50.9k |
| Fixed assets | £5.2k | £4k | £1.6k |
| Current assets | £160k | £99.7k | £50.3k |
| Debtors | £43.9k | — | £32 |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Sep 2024 |
How the business works
- Profit margin
- −76.1%
- Profit ÷ revenue.
- Gross margin
- 99.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £11.9k
- Revenue ÷ average employees.
- Profit per employee
- −£9.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 13.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.3%
- 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
- ▼43%
- Now £50.9k
- Cash at bank
- ▼50%
- Now £50.3k
- Headcount
- ▼50%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▼61%
- Now £1.6k
Sources
Latest figures from FullAccounts for the year to 29 Mar 2024 (profit −£9.1k), 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.