How much does Principle Difference Ltd make?

Principle Difference Ltd reported revenue of £825 and a loss of £1.4k in the year to 31 Jul 2023, according to its accounts filed at Companies House.

How many employees does Principle Difference Ltd have?

Principle Difference Ltd reported an average of 2 employees in the year to 31 Jul 2023.

Is Principle Difference Ltd profitable?

No — Principle Difference Ltd reported a loss of £1.4k in the year to 31 Jul 2023.

Company No. SC667118

Principle Difference LtdDissolved

Registered name: PRINCIPLE DIFFERENCE LTD

Principle Difference Ltd made £825 revenue and a £1.4k loss in the year to 31 Jul 2023.

Principle Difference Ltd’s revenue fell 97% to £825 in the year to 31 Jul 2023, with a loss of £1.4k and 2 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Last filed accounts · year to 31 Jul 2023

Key figures

IndependentSmall team

Revenue

£825

Growth ▼96.9%

Profit

−£1.4k

Growth ▼155.4%

Profit margin

−164.5%

Employees

Change —

Profit / employee

−£678

Revenue/employee £412

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jul 2022	31 Jul 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£26.9k	£825
Profit after tax	£2.5k	−£1.4k
Profit (best available)	£2.5k	−£1.4k
Employees (average)	—	2
Ratios
Profit margin	9.1%	−164.5%
Revenue per employee	—	£412
Profit per employee	—	−£678
Growth (year on year)
Revenue growth	—	▼96.9%
Profit growth	—	▼155.4%
Balance sheet — indirect signals, not revenue
Net assets	£2.5k	£270
Fixed assets	£1.2k	£150
Current assets	£188	£120
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024

Derived from the latest filing

How the business works

Profit margin: −164.5%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £412; Revenue ÷ average employees.
Profit per employee: −£678; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 18.2%; 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.

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: ▼89%; Now £270
Cash at bank: —; Now —
Headcount: —; Now 2
Deferred income: —; Now —
Fixed assets: ▼87%; Now £150

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jul 2023 (profit −£1.4k), 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.