How do I work out ROI from statutory accounts?

[eteb3]

This is a dumb noob question.

If I want to work out the return on capital from statutory accounts, what do I do?

I think I do this:

1. Called up capital + share premium account = total capital
2. shareholders funds this year - shareholders funds last year = profit for this year
3. profit for this year / total capital = ROI

Is this right? Thanks

 

[numbersrule]

Subtracting this year's Shareholder Funds from last year's does not allow for any Dividends that may have been taken from the Profits.

If you are looking at Micro Entity Accounts I doubt whether ROI is estimable.

Fundamentally you probably need the Full Financial Statements along with the Share Register.

 

[MyAccountantOnline]

As above it's unlikely you'll have sufficient information from the accounts at Companies House unless filing exemptions dont apply to the company you are looking at or the accountants / directors havent bothered to prepare abbreviated accounts and just submitted full accounts which does sometimes happen.