How much does Mthwakazi Queens CIC make?

Mthwakazi Queens CIC reported revenue of £76.3k and a loss of £648 in the year to 31 Oct 2022, according to its accounts filed at Companies House.

How many employees does Mthwakazi Queens CIC have?

Mthwakazi Queens CIC reported an average of 0 employees in the year to 31 Oct 2022.

Is Mthwakazi Queens CIC profitable?

No — Mthwakazi Queens CIC reported a loss of £648 in the year to 31 Oct 2022.

Company No. 11645552 · Incorporated 26 Oct 2018

Mthwakazi Queens CIC

Registered name: MTHWAKAZI QUEENS CIC

Mthwakazi Queens CIC made £76.3k revenue and a £648 loss in the year to 31 Oct 2022.

Mthwakazi Queens CIC’s revenue grew 56% to £76.3k in the year to 31 Oct 2022, with a loss of £648 and 0 employees. The company is classified under “cultural education” and is based in Bilston; we hold 2 years of its filed accounts.

Full P&L filedSection P · EducationSIC 85520Cultural education

Status: Active - Proposal to Strike off
Location: Bilston, West Midlands
Age: 7 yrs · since 2018
Type: Community Interest Company

Latest accounts · year to 31 Oct 2022

Key figures

IndependentSmall teamCapital-light

Revenue

£76.3k

Growth ▲55.5%

Profit

−£648

Growth —

Profit margin

−0.9%

Gross 93.2%

Employees

Change —

Profit / employee

—

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 Oct 2021	31 Oct 2022
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£49.1k	£76.3k
Cost of sales	£0	£5.2k
Gross profit	£49.1k	£71.1k
Operating profit	−£1.3k	−£648
Profit before tax	−£1.3k	−£648
Profit after tax	−£1.3k	−£648
Profit (best available)	−£1.3k	−£648
Employees (average)	0	0
Ratios
Profit margin	−2.7%	−0.9%
Gross margin	100%	93.2%
Growth (year on year)
Revenue growth	—	▲55.5%
Balance sheet — indirect signals, not revenue
Net assets	−£1.1k	−£1.8k
Fixed assets	£525	£350
Source	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2023

Derived from the latest filing

How the business works

Profit margin: −0.9%; Profit ÷ revenue.
Gross margin: 93.2%; 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: 0.5%; 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.

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 −£1.8k
Cash at bank: —; Now —
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: ▼33%; Now £350

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2022 (profit −£648), from the Companies House accounts bulk data published Nov 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.