How much does Changing Communities CIC make?

Changing Communities CIC reported revenue of £50.7k and a loss of £7k in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Changing Communities CIC have?

Changing Communities CIC reported an average of 1 employee in the year to 31 Mar 2023.

Is Changing Communities CIC profitable?

No — Changing Communities CIC reported a loss of £7k in the year to 31 Mar 2023.

Company No. 10698375

Changing Communities CICDissolved

Registered name: CHANGING COMMUNITIES CIC

Changing Communities CIC made £50.7k revenue and a £7k loss in the year to 31 Mar 2023.

Changing Communities CIC’s revenue fell 8% to £50.7k in the year to 31 Mar 2023, with a loss of £7k and 1 employee. We hold 2 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 2023

Key figures

IndependentSmall team

Revenue

£50.7k

Growth ▼8%

Profit

−£7k

Growth ▼212.3%

Profit margin

−13.9%

Gross −13.9%

Employees

Change 0%

Profit / employee

−£7k

Revenue/employee £50.7k

Profitable streak

0yrs

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	31 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£55.1k	£50.7k
Cost of sales	£47.4k	£57.7k
Gross profit	£7.7k	−£7k
Operating profit	£7.7k	−£7k
Profit before tax	£7.7k	−£7k
Profit after tax	£6.3k	−£7k
Profit (best available)	£6.3k	−£7k
Employees (average)	1	1
Ratios
Profit margin	11.3%	−13.9%
Gross margin	14%	−13.9%
Revenue per employee	£55.1k	£50.7k
Profit per employee	£6.3k	−£7k
Growth (year on year)
Revenue growth	—	▼8%
Profit growth	—	▼212.3%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£29.5k	£14.5k
Net assets	£22.2k	£15.2k
Current assets	£30.2k	£15.2k
Debtors	£633	£679
Deferred income	£7.9k	—
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024

Derived from the latest filing

How the business works

Profit margin: −13.9%; Profit ÷ revenue.
Gross margin: −13.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £50.7k; Revenue ÷ average employees.
Profit per employee: −£7k; 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: 1.3%; 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: ▼32%; Now £15.2k
Cash at bank: ▼51%; Now £14.5k
Headcount: 0%; Now 1
Deferred income: —; Now —
Fixed assets: —; Now —

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2023 (profit −£7k), from the Companies House accounts bulk data published Jan 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.