How much does Pip Professional Support C.I.C. make?

Pip Professional Support C.I.C. reported revenue of £126k and £29.2k profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Pip Professional Support C.I.C. have?

Pip Professional Support C.I.C. reported an average of 13 employees in the year to 31 Mar 2023.

Is Pip Professional Support C.I.C. profitable?

Yes — Pip Professional Support C.I.C. reported a profit of £29.2k in the year to 31 Mar 2023.

Company No. 10732973 · Incorporated 20 Apr 2017

Pip Professional Support C.I.C.

Registered name: PIP PROFESSIONAL SUPPORT C.I.C.

Pip Professional Support C.I.C. made £126k revenue and £29.2k profit in the year to 31 Mar 2023.

Pip Professional Support C.I.C.’s revenue grew 63% to £126k in the year to 31 Mar 2023, with £29.2k profit and 13 employees. The company is classified under “activities of patent and copyright agents; other legal activities” and is based in Liverpool; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 69109Activities of patent and copyright agents; other legal activities n.e.c.

Status: Liquidation
Location: Liverpool, North West
Age: 9 yrs · since 2017
Type: Community Interest Company

Latest accounts · year to 31 Mar 2023

Key figures

IndependentCapital-light

Revenue

£126k

Growth ▲62.8%

Profit

£29.2k

Growth —

Profit margin

23.3%

Gross 100%

Employees

Change ▲30%

Profit / employee

£2.2k

Revenue/employee £9.7k

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	31 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£77.1k	£126k
Gross profit	£77.1k	£126k
Operating profit	−£4.2k	£36.2k
Profit before tax	−£4.6k	£36.1k
Profit after tax	−£3.6k	£29.2k
Profit (best available)	−£3.6k	£29.2k
Employees (average)	10	13
Ratios
Profit margin	−4.7%	23.3%
Gross margin	100%	100%
Revenue per employee	£7.7k	£9.7k
Profit per employee	−£361	£2.2k
Growth (year on year)
Revenue growth	—	▲62.8%
Headcount growth	—	▲30%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.4k	£8k
Net assets	−£7.1k	−£6.8k
Fixed assets	£1.2k	£540
Current assets	£2.9k	£17.9k
Debtors	£1.5k	£9.9k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: 23.3%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £9.7k; Revenue ÷ average employees.
Profit per employee: £2.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.9%; 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 −£6.8k
Cash at bank: ▲465%; Now £8k
Headcount: ▲30%; Now 13
Deferred income: —; Now —
Fixed assets: ▼55%; Now £540

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2023 (profit £29.2k), 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.