Asgard LLP
Registered name: ASGARD LLP
Asgard LLP made £148k revenue and a £31.9k loss in the year to 31 Mar 2025. read from filing text
Asgard LLP’s revenue fell 50% to £148k in the year to 31 Mar 2025, with a loss of £31.9k and 5 employees. The company is based in Dunoon; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Dunoon, Scotland
- Age
- 10 yrs · since 2016
- Type
- Limited Liability Partnership
Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £296k | £148k |
| Cost of sales | — | — | £121k | £45.5k |
| Gross profit | — | — | £175k | £103k |
| Operating profit | — | — | −£70k | −£29k |
| Profit after tax | — | — | −£72.2k | −£31.9k |
| Profit (best available) | — | — | −£72.2k | −£31.9k |
| Employees (average) | 13 | 16 | 10 | 5 |
| Ratios | ||||
| Profit margin | — | — | −24.4% | −21.5% |
| Gross margin | — | — | 59.1% | 69.3% |
| Revenue per employee | — | — | £29.6k | £29.6k |
| Profit per employee | — | — | −£7.2k | −£6.4k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼49.9% |
| Headcount growth | — | ▲23.1% | ▼37.5% | ▼50% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £10.8k | £7.1k | £1.6k | — |
| Net assets | — | — | — | — |
| Fixed assets | £45.3k | £43.6k | £43.3k | — |
| Current assets | £75.1k | £75.4k | £145k | — |
| Debtors | £8.8k | −£1.4k | £3.4k | — |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- −21.5%
- Profit ÷ revenue.
- Gross margin
- 69.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £29.6k
- Revenue ÷ average employees.
- Profit per employee
- −£6.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- 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.
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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼50%
- Now 5
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£31.9k), from the Companies House accounts bulk data published Jul 2026. 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.