How much does User LED CIC make?

User LED CIC reported revenue of £240k and £12.5k profit in the year to 28 Feb 2023, according to its accounts filed at Companies House.

How many employees does User LED CIC have?

User LED CIC reported an average of 1 employee in the year to 28 Feb 2023.

Is User LED CIC profitable?

Yes — User LED CIC reported a profit of £12.5k in the year to 28 Feb 2023.

Company No. 10024633 · Incorporated 24 Feb 2016

User LED CIC

Registered name: USER LED CIC

User LED CIC made £240k revenue and £12.5k profit in the year to 28 Feb 2023.

User LED CIC’s revenue grew 4% to £240k in the year to 28 Feb 2023, with £12.5k profit and 1 employee. The company is classified under “other service activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 96090Other service activities n.e.c.

Status: Active
Location: London, London
Age: 10 yrs · since 2016
Type: Community Interest Company

Latest accounts · year to 28 Feb 2023

Key figures

IndependentSmall team

Revenue

£240k

Growth ▲3.6%

Profit

£12.5k

Growth —

Profit margin

5.2%

Gross 88.4%

Employees

Change —

Profit / employee

£12.5k

Revenue/employee £240k

Profitable streak

1yr

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	28 Feb 2022	28 Feb 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£232k	£240k
Cost of sales	£223k	£27.8k
Gross profit	£8.6k	£212k
Operating profit	−£5k	£12.5k
Profit before tax	−£5k	£12.5k
Profit after tax	−£5k	£12.5k
Profit (best available)	−£5k	£12.5k
Employees (average)	0	1
Ratios
Profit margin	−2.1%	5.2%
Gross margin	3.7%	88.4%
Revenue per employee	—	£240k
Profit per employee	—	£12.5k
Growth (year on year)
Revenue growth	—	▲3.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£3	£1.2k
Net assets	−£30.4k	−£17.8k
Current assets	£11k	£1.2k
Debtors	£11k	—
Deferred income	£1.6k	£1.6k
Source	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2023

Derived from the latest filing

How the business works

Profit margin: 5.2%; Profit ÷ revenue.
Gross margin: 88.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £240k; Revenue ÷ average employees.
Profit per employee: £12.5k; 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: 0.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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 −£17.8k
Cash at bank: ▲40033%; Now £1.2k
Headcount: —; Now 1
Deferred income: 0%; Now £1.6k
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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 28 Feb 2023 (profit £12.5k), from the Companies House accounts bulk data published Nov 2023. 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.