Ic-Visual Lab C.I.C.
Registered name: IC-VISUAL LAB C.I.C.
Ic-Visual Lab C.I.C. made £97k revenue and a £29k loss in the year to 31 May 2025.
Ic-Visual Lab C.I.C.’s revenue fell 35% to £97k in the year to 31 May 2025, with a loss of £29k and 2 employees. The company is classified under “artistic creation” and is based in Bristol; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Bristol, South West
- Age
- 13 yrs · since 2013
- Type
- Community Interest Company
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 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £15.2k | £59.1k | £149k | £97k |
| Cost of sales | £9k | £5.6k | £74.7k | £39k |
| Gross profit | £6.1k | £53.5k | £73.8k | £58k |
| Operating profit | −£5.9k | £20k | £36.7k | −£29k |
| Profit before tax | −£5.9k | £20k | £36.7k | −£29k |
| Profit after tax | −£5.9k | £20k | £36.7k | −£29k |
| Profit (best available) | −£5.9k | £20k | £36.7k | −£29k |
| Employees (average) | 1 | 0 | 1 | 2 |
| Ratios | ||||
| Profit margin | −38.7% | 33.8% | 24.7% | −30% |
| Gross margin | 40.3% | 90.5% | 49.7% | 59.8% |
| Revenue per employee | £15.2k | — | £149k | £48.5k |
| Profit per employee | −£5.9k | — | £36.7k | −£14.5k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲290.1% | ▲151.3% | ▼34.8% |
| Profit growth | — | — | ▲84% | ▼179.1% |
| Headcount growth | — | ▼100% | — | ▲100% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £7k | £25.3k | £56k | £29.4k |
| Net assets | £6.8k | £26.7k | £63.5k | £34.4k |
| Fixed assets | £0 | £0 | £0 | — |
| Current assets | £7k | £27k | £63.9k | £34.4k |
| Debtors | £0 | £1.7k | £7.3k | £5k |
| Deferred income | — | — | £489 | £0 |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- −30%
- Profit ÷ revenue.
- Gross margin
- 59.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £48.5k
- Revenue ÷ average employees.
- Profit per employee
- −£14.5k
- 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
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5.1%
- 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
- ▼46%
- Now £34.4k
- Cash at bank
- ▼48%
- Now £29.4k
- Headcount
- ▲100%
- Now 2
- Deferred income
- ▼100%
- Now £0
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit −£29k), from the Companies House accounts bulk data published Feb 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.