Futures Farm Project CICDissolved
Registered name: FUTURES FARM PROJECT CIC
Futures Farm Project CIC made £60.6k revenue and a £664 loss in the year to 31 Mar 2024.
Futures Farm Project CIC’s revenue fell 17% to £60.6k in the year to 31 Mar 2024, with a loss of £664 and 5 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £72.9k | £60.6k |
| Cost of sales | £8.7k | £7.3k |
| Gross profit | £64.1k | £53.3k |
| Operating profit | −£88 | −£664 |
| Profit before tax | −£88 | −£664 |
| Profit after tax | −£140 | −£664 |
| Profit (best available) | −£140 | −£664 |
| Employees (average) | 5 | 5 |
| Ratios | ||
| Profit margin | −0.2% | −1.1% |
| Gross margin | 88% | 87.9% |
| Revenue per employee | £14.6k | £12.1k |
| Profit per employee | −£28 | −£133 |
| Growth (year on year) | ||
| Revenue growth | — | ▼16.8% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £8.6k | £2.3k |
| Net assets | £2.3k | £1.6k |
| Fixed assets | £2k | £0 |
| Current assets | £28.5k | £35.7k |
| Debtors | £10.2k | £8.2k |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 |
How the business works
- Profit margin
- −1.1%
- Profit ÷ revenue.
- Gross margin
- 87.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £12.1k
- Revenue ÷ average employees.
- Profit per employee
- −£133
- 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
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13.6%
- 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
- ▼29%
- Now £1.6k
- Cash at bank
- ▼73%
- Now £2.3k
- Headcount
- 0%
- Now 5
- Deferred income
- —
- Now —
- Fixed assets
- ▼100%
- Now £0
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit −£664), from the Companies House accounts bulk data published Jul 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.