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Company No. 10690498

Thighs of Steel C.I.C.Dissolved

Registered name: THIGHS OF STEEL C.I.C.

Thighs of Steel C.I.C. made £64.1k revenue and £7.6k profit in the year to 31 Mar 2024.

Thighs of Steel C.I.C.’s revenue fell 5% to £64.1k in the year to 31 Mar 2024, with £7.6k profit and 2 employees. We hold 3 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed
This company is no longer on the Companies House register. Figures are from its last filed accounts.
Status
Dissolved
Last filed accounts · year to 31 Mar 2024

Key figures

IndependentSmall team
Revenue
£64.1k
Growth ▼5%
Profit
£7.6k
Growth —
Profit margin
11.8%
Gross 57.4%
Employees
2
Change ▼33.3%
Profit / employee
£3.8k
Revenue/employee £32k
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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£48.4k£67.5k£64.1k
Cost of sales—£21.1k£27.3k
Gross profit£48.4k£46.3k£36.8k
Operating profit£0£0£9.3k
Profit before tax£0£0£9.3k
Profit after tax£0£0£7.6k
Profit (best available)£0£0£7.6k
Employees (average)332
Ratios
Profit margin0%0%11.8%
Gross margin100%68.7%57.4%
Revenue per employee£16.1k£22.5k£32k
Profit per employee£0£0£3.8k
Growth (year on year)
Revenue growth—▲39.4%▼5%
Headcount growth—0%▼33.3%
Balance sheet — indirect signals, not revenue
Cash at bank£67.1k£70.1k£29.8k
Net assets£0£0£7.6k
Current assets£67.1k£70.1k£29.8k
Debtors—£0£0
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Aug 2024
Derived from the latest filing

How the business works

Profit margin
11.8%
Profit ÷ revenue.
Gross margin
57.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£32k
Revenue ÷ average employees.
Profit per employee
£3.8k
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
0%
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 £7.6k
Cash at bank
▼58%
Now £29.8k
Headcount
▼33%
Now 2
Deferred income
—
Now —
Fixed assets
—
Now —

Sources

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £7.6k), 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.