How much does Meanwhile Space C.I.C make?

Meanwhile Space C.I.C reported revenue of £813k and a loss of £82.6k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Meanwhile Space C.I.C have?

Meanwhile Space C.I.C reported an average of 10 employees in the year to 31 Dec 2023.

Is Meanwhile Space C.I.C profitable?

No — Meanwhile Space C.I.C reported a loss of £82.6k in the year to 31 Dec 2023.

Company No. 06971768 · Incorporated 24 Jul 2009

Meanwhile Space C.I.C

Registered name: MEANWHILE SPACE C.I.C

Meanwhile Space C.I.C made £813k revenue and a £82.6k loss in the year to 31 Dec 2023.

Meanwhile Space C.I.C’s revenue was £813k in the year to 31 Dec 2023, with a loss of £82.6k and 10 employees. The company is classified under “management of real estate on a fee or contract basis” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68320Management of real estate on a fee or contract basis

Status: Active
Location: London, London
Age: 17 yrs · since 2009
Type: Community Interest Company

Latest accounts · year to 31 Dec 2023

Key figures

Independent

Revenue

£813k

Growth —

Profit

−£82.6k

Growth —

Profit margin

−10.2%

Gross 76.9%

Employees

Change —

Profit / employee

−£8.3k

Revenue/employee £81.3k

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 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.3m	£813k
Cost of sales	£443k	£187k
Gross profit	£891k	£625k
Operating profit	−£4.8k	−£107k
Profit before tax	−£37.3k	−£146k
Profit after tax	−£209k	−£82.6k
Profit (best available)	−£209k	−£82.6k
Employees (average)	12	10
Ratios
Profit margin	−15.6%	−10.2%
Gross margin	66.8%	76.9%
Revenue per employee	£111k	£81.3k
Profit per employee	−£17.4k	−£8.3k
Balance sheet — indirect signals, not revenue
Cash at bank	£86.8k	£13.4k
Net assets	£1m	£382k
Fixed assets	£1.5m	£953k
Current assets	£414k	£202k
Debtors	£327k	£189k
Source	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Jan 2025

Derived from the latest filing

How the business works

Profit margin: −10.2%; Profit ÷ revenue.
Gross margin: 76.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £81.3k; Revenue ÷ average employees.
Profit per employee: −£8.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 117.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 23.2%; 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: —; Now £382k
Cash at bank: —; Now £13.4k
Headcount: —; Now 10
Deferred income: —; Now —
Fixed assets: —; Now £953k

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£82.6k), from the Companies House accounts bulk data published Jan 2025. 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.