Wolverhampton Black Business Network CIC
Registered name: WOLVERHAMPTON BLACK BUSINESS NETWORK CIC
Wolverhampton Black Business Network CIC made £5.6k revenue and a £584 loss in the year to 30 Nov 2023.
Wolverhampton Black Business Network CIC’s revenue fell 4% to £5.6k in the year to 30 Nov 2023, with a loss of £584 and 0 employees. The company is classified under “activities of other membership organizations” and is based in Wolverhampton; we hold 2 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Wolverhampton, West Midlands
- Age
- 12 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 | 30 Nov 2022 | 30 Nov 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £5.9k | £5.6k |
| Cost of sales | £5.3k | £6.2k |
| Gross profit | £570 | −£584 |
| Operating profit | £570 | −£584 |
| Profit before tax | £570 | −£584 |
| Profit after tax | £570 | −£584 |
| Profit (best available) | £570 | −£584 |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | 9.7% | −10.3% |
| Gross margin | 9.7% | −10.3% |
| Growth (year on year) | ||
| Revenue growth | — | ▼4.3% |
| Profit growth | — | ▼202.5% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £4.5k | £14k |
| Net assets | £4.6k | £13.4k |
| Fixed assets | £75 | £0 |
| Current assets | £4.5k | £14k |
| Debtors | £0 | £0 |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 |
How the business works
- Profit margin
- −10.3%
- Profit ÷ revenue.
- Gross margin
- −10.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▲194%
- Now £13.4k
- Cash at bank
- ▲212%
- Now £14k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼100%
- Now £0
Sources
Latest figures from FullAccounts for the year to 30 Nov 2023 (profit −£584), from the Companies House accounts bulk data published Aug 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.