Empowering People in Change - CIC
Registered name: EMPOWERING PEOPLE IN CHANGE - CIC
Empowering People in Change - CIC made £45.5k revenue and £354 profit in the year to 31 Dec 2024.
Empowering People in Change - CIC’s revenue grew 16% to £45.5k in the year to 31 Dec 2024, with £354 profit and 0 employees. The company is classified under “cultural education” and is based in West Bromwich; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- West Bromwich, West Midlands
- Age
- 7 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 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £39.1k | £45.5k |
| Gross profit | £39.1k | £45.5k |
| Operating profit | £1.3k | £442 |
| Profit before tax | £1.3k | £442 |
| Profit after tax | £1k | £354 |
| Profit (best available) | £1k | £354 |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | 2.6% | 0.8% |
| Gross margin | 100% | 100% |
| Growth (year on year) | ||
| Revenue growth | — | ▲16.2% |
| Profit growth | — | ▼65.8% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.3k | £442 |
| Net assets | £1.3k | £442 |
| Fixed assets | £0 | £0 |
| Current assets | £1.3k | £442 |
| Debtors | £0 | £0 |
| Deferred income | £14 | £0 |
| Source | FullAccounts · bulk data Nov 2025 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 0.8%
- Profit ÷ revenue.
- Gross margin
- 100%
- 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%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▼66%
- Now £442
- Cash at bank
- ▼66%
- Now £442
- Headcount
- —
- Now 0
- Deferred income
- ▼100%
- Now £0
- Fixed assets
- —
- Now £0
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £354), from the Companies House accounts bulk data published Nov 2025. 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.