The Thelmas WMC C.I.C.
Registered name: THE THELMAS WMC C.I.C.
The Thelmas WMC C.I.C. made £3.5k revenue and £303 profit in the year to 28 Feb 2024.
The Thelmas WMC C.I.C.’s revenue grew 57% to £3.5k in the year to 28 Feb 2024, with £303 profit and 2 employees. The company is classified under “performing arts” and is based in Hornchurch; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Hornchurch, London
- Age
- 8 yrs · since 2018
- Type
- Community Interest Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2022 | 28 Feb 2023 | 28 Feb 2024 |
|---|---|---|---|
| Disclosure | Profit only | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £2.3k | £3.5k |
| Cost of sales | — | — | £34.4k |
| Gross profit | — | £2.3k | −£30.9k |
| Operating profit | −£158 | −£8.1k | −£4.9k |
| Profit before tax | −£158 | −£8.1k | −£4.9k |
| Profit after tax | −£158 | −£8.1k | £303 |
| Profit (best available) | −£158 | −£8.1k | £303 |
| Employees (average) | 0 | 0 | 2 |
| Ratios | |||
| Profit margin | — | −361.5% | 8.6% |
| Gross margin | — | 100% | −872.6% |
| Revenue per employee | — | — | £1.8k |
| Profit per employee | — | — | £152 |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲57.2% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £16.4k | £414 | £1.7k |
| Net assets | £9.6k | £1.5k | £1.8k |
| Fixed assets | £1.4k | £1.3k | £1.7k |
| Current assets | £16.4k | £414 | £1.7k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 |
How the business works
- Profit margin
- 8.6%
- Profit ÷ revenue.
- Gross margin
- −872.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.8k
- Revenue ÷ average employees.
- Profit per employee
- £152
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 47.8%
- 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
- ▲21%
- Now £1.8k
- Cash at bank
- ▲302%
- Now £1.7k
- Headcount
- —
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- ▲32%
- Now £1.7k
Sources
Latest figures from FullAccounts for the year to 28 Feb 2024 (profit £303), from the Companies House accounts bulk data published Nov 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.