Albind LtdDissolved
Registered name: ALBIND LTD
Albind Ltd made £3.6m revenue and £343k profit in the year to 31 May 2023.
Albind Ltd’s revenue grew 45% to £3.6m in the year to 31 May 2023, with £343k profit and 25 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 May 2022 | 31 May 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £2.5m | £3.6m |
| Cost of sales | £1.6m | £2.6m |
| Gross profit | £838k | £948k |
| Operating profit | £358k | £391k |
| Profit before tax | £357k | £390k |
| Profit after tax | £300k | £343k |
| Profit (best available) | £300k | £343k |
| Employees (average) | 22 | 25 |
| Ratios | ||
| Profit margin | 12.2% | 9.6% |
| Gross margin | 34.1% | 26.6% |
| Revenue per employee | £112k | £142k |
| Profit per employee | £13.7k | £13.7k |
| Growth (year on year) | ||
| Revenue growth | — | ▲44.9% |
| Profit growth | — | ▲14.1% |
| Headcount growth | — | ▲13.6% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £101k | £176k |
| Net assets | £270k | £763k |
| Fixed assets | £27k | £173k |
| Current assets | £491k | £924k |
| Debtors | £191k | £347k |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 |
How the business works
- Profit margin
- 9.6%
- Profit ÷ revenue.
- Gross margin
- 26.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £142k
- Revenue ÷ average employees.
- Profit per employee
- £13.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.8%
- 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
- ▲182%
- Now £763k
- Cash at bank
- ▲75%
- Now £176k
- Headcount
- ▲14%
- Now 25
- Deferred income
- —
- Now —
- Fixed assets
- ▲541%
- Now £173k
Sources
Latest figures from FullAccounts for the year to 31 May 2023 (profit £343k), from the Companies House accounts bulk data published Oct 2023. 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.