Highgrade Media CICDissolved
Registered name: HIGHGRADE MEDIA CIC
Highgrade Media CIC made £73 revenue and a £2.3k loss in the year to 31 Dec 2023.
Highgrade Media CIC’s revenue fell 100% to £73 in the year to 31 Dec 2023, with a loss of £2.3k and 0 employees. We hold 3 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 | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £12.2k | £27.1k | £73 |
| Cost of sales | £54.1k | £39k | — |
| Gross profit | −£41.9k | −£11.9k | £73 |
| Operating profit | −£5k | −£16.1k | −£2.3k |
| Profit before tax | −£5k | −£16.1k | −£2.3k |
| Profit after tax | −£5k | −£16.1k | −£2.3k |
| Profit (best available) | −£5k | −£16.1k | −£2.3k |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | −41.4% | −59.3% | −3189% |
| Gross margin | −344.5% | −43.8% | 100% |
| Growth (year on year) | |||
| Revenue growth | — | ▲122.6% | ▼99.7% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £45.3k | £1.7k | £516 |
| Net assets | £19k | £2.9k | £569 |
| Current assets | £46.3k | £4.8k | £560 |
| Debtors | £999 | £1.7k | £44 |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Sep 2024 |
How the business works
- Profit margin
- −3189%
- Profit ÷ revenue.
- Gross margin
- 100%
- 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
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 60.3%
- 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
- ▼80%
- Now £569
- Cash at bank
- ▼70%
- Now £516
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£2.3k), from the Companies House accounts bulk data published Sep 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.