Afrisusu Initiative Foundation CIC
Registered name: AFRISUSU INITIATIVE FOUNDATION CIC
Afrisusu Initiative Foundation CIC made £39.4k revenue and a £24 loss in the year to 30 Nov 2025.
Afrisusu Initiative Foundation CIC’s revenue fell 17% to £39.4k in the year to 30 Nov 2025, with a loss of £24 and 0 employees. The company is classified under “other credit granting” and is based in Manchester; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Manchester, North West
- Age
- 8 yrs · since 2017
- Type
- Community Interest Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Nov 2021 | 30 Nov 2022 | 30 Nov 2023 | 30 Nov 2024 | 30 Nov 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £30.2k | £66.3k | £21k | £47.3k | £39.4k |
| Cost of sales | £23.4k | £60.9k | £17.9k | £46.1k | £38k |
| Gross profit | £6.9k | £5.3k | £3k | £47.3k | £1.5k |
| Operating profit | £2.6k | £4.7k | £2.2k | −£377 | £25 |
| Profit before tax | £2.6k | £4.7k | £2.2k | −£469 | −£24 |
| Profit after tax | £2.1k | £3.8k | £1.8k | −£469 | −£24 |
| Profit (best available) | £2.1k | £3.8k | £1.8k | −£469 | −£24 |
| Employees (average) | 0 | 0 | 0 | 0 | 0 |
| Ratios | |||||
| Profit margin | 6.8% | 5.7% | 8.4% | −1% | −0.1% |
| Gross margin | 22.7% | 8.1% | 14.5% | 100% | 3.7% |
| Growth (year on year) | |||||
| Revenue growth | — | ▲119.2% | ▼68.4% | ▲125.6% | ▼16.6% |
| Profit growth | — | ▲83% | ▼53.4% | ▼126.6% | — |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £5.1k | £8.7k | £9.3k | £14k | £13.9k |
| Net assets | £3.6k | £7.4k | £9.1k | £8.7k | £8.6k |
| Current assets | £14.2k | £17.4k | £18.2k | £14k | £13.9k |
| Debtors | £8k | £8k | £8k | — | — |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data Jan 2026 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- −0.1%
- Profit ÷ revenue.
- Gross margin
- 3.7%
- 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
- —
- 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
- ▼0%
- Now £8.6k
- Cash at bank
- ▼0%
- Now £13.9k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 30 Nov 2025 (profit −£24), from the Companies House accounts bulk data published Aug 2026. 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.