Foodsync CICDissolved
Registered name: FOODSYNC CIC
Foodsync CIC made £205k revenue and £5.3k profit in the year to 30 Jun 2023.
Foodsync CIC’s revenue fell 11% to £205k in the year to 30 Jun 2023, with £5.3k profit and 5 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £231k | £205k |
| Cost of sales | £11.2k | £8.4k |
| Gross profit | £220k | £197k |
| Operating profit | £50.7k | £7.1k |
| Profit before tax | £50.4k | £6.7k |
| Profit after tax | £41.2k | £5.3k |
| Profit (best available) | £41.2k | £5.3k |
| Employees (average) | 2 | 5 |
| Ratios | ||
| Profit margin | 17.8% | 2.6% |
| Gross margin | 95.1% | 95.9% |
| Revenue per employee | £116k | £41.1k |
| Profit per employee | £20.6k | £1.1k |
| Growth (year on year) | ||
| Revenue growth | — | ▼11.1% |
| Profit growth | — | ▼87.3% |
| Headcount growth | — | ▲150% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £153k | £140k |
| Net assets | £134k | £139k |
| Fixed assets | £3.6k | £2.7k |
| Current assets | £173k | £150k |
| Debtors | £17.7k | £8.8k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 |
How the business works
- Profit margin
- 2.6%
- Profit ÷ revenue.
- Gross margin
- 95.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £41.1k
- Revenue ÷ average employees.
- Profit per employee
- £1.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.3%
- 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
- ▲4%
- Now £139k
- Cash at bank
- ▼8%
- Now £140k
- Headcount
- ▲150%
- Now 5
- Deferred income
- —
- Now —
- Fixed assets
- ▼26%
- Now £2.7k
Sources
Latest figures from FullAccounts for the year to 30 Jun 2023 (profit £5.3k), from the Companies House accounts bulk data published Dec 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.