3Co (Projects) LimitedDissolved
3Co (Projects) Limited made £16.1k revenue and a £4.7k loss in the year to 31 May 2023.
3Co (Projects) Limited’s revenue fell 97% to £16.1k in the year to 31 May 2023, with a loss of £4.7k and 4 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) | £582k | £16.1k |
| Cost of sales | £456k | £8.6k |
| Gross profit | £126k | £7.5k |
| Profit before tax | £120k | −£4.7k |
| Profit after tax | £97.4k | −£4.7k |
| Profit (best available) | £97.4k | −£4.7k |
| Employees (average) | 4 | 4 |
| Ratios | ||
| Profit margin | 16.7% | −29.3% |
| Gross margin | 21.7% | 46.3% |
| Revenue per employee | £146k | £4k |
| Profit per employee | £24.4k | −£1.2k |
| Growth (year on year) | ||
| Revenue growth | — | ▼97.2% |
| Profit growth | — | ▼104.8% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £94.8k | £35.2k |
| Net assets | £97.7k | £93k |
| Fixed assets | £700 | £560 |
| Current assets | £155k | £119k |
| Debtors | £20.6k | £28.1k |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 |
How the business works
- Profit margin
- −29.3%
- Profit ÷ revenue.
- Gross margin
- 46.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £4k
- Revenue ÷ average employees.
- Profit per employee
- −£1.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 174.7%
- 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
- ▼5%
- Now £93k
- Cash at bank
- ▼63%
- Now £35.2k
- Headcount
- 0%
- Now 4
- Deferred income
- —
- Now —
- Fixed assets
- ▼20%
- Now £560
Sources
Latest figures from FullAccounts for the year to 31 May 2023 (profit −£4.7k), from the Companies House accounts bulk data published Feb 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.