How much does True Talk Africa C.I.C. make?

True Talk Africa C.I.C. reported revenue of £1.5k and a loss of £454 in the year to 30 Apr 2024, according to its accounts filed at Companies House.

How many employees does True Talk Africa C.I.C. have?

True Talk Africa C.I.C. reported an average of 2 employees in the year to 30 Apr 2024.

Is True Talk Africa C.I.C. profitable?

No — True Talk Africa C.I.C. reported a loss of £454 in the year to 30 Apr 2024.

Company No. 11959149

True Talk Africa C.I.C.Dissolved

Registered name: TRUE TALK AFRICA C.I.C.

True Talk Africa C.I.C. made £1.5k revenue and a £454 loss in the year to 30 Apr 2024.

True Talk Africa C.I.C.’s revenue fell 46% to £1.5k in the year to 30 Apr 2024, with a loss of £454 and 2 employees. We hold 3 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Last filed accounts · year to 30 Apr 2024

Key figures

IndependentSmall teamCapital-light

Revenue

£1.5k

Growth ▼45.9%

Profit

−£454

Growth —

Profit margin

−30.8%

Gross 100%

Employees

Change 0%

Profit / employee

−£227

Revenue/employee £736

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Apr 2022	30 Apr 2023	30 Apr 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£3.7k	£2.7k	£1.5k
Cost of sales	£145	£2.7k	£0
Gross profit	£3.6k	−£6	£1.5k
Operating profit	−£3.8k	−£1.6k	−£454
Profit before tax	−£3.8k	−£1.6k	−£454
Profit after tax	−£3.8k	−£1.6k	−£454
Profit (best available)	−£3.8k	−£1.6k	−£454
Employees (average)	2	2	2
Ratios
Profit margin	−103.8%	−59.8%	−30.8%
Gross margin	96.1%	−0.2%	100%
Revenue per employee	£1.9k	£1.4k	£736
Profit per employee	−£1.9k	−£814	−£227
Growth (year on year)
Revenue growth	—	▼26.4%	▼45.9%
Headcount growth	—	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.8k	£560	£226
Net assets	£828	−£799	−£1.3k
Fixed assets	£446	£298	£0
Current assets	£1.8k	£560	£226
Deferred income	—	£425	£425
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jun 2024

Derived from the latest filing

How the business works

Profit margin: −30.8%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £736; Revenue ÷ average employees.
Profit per employee: −£227; 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: 28.8%; 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 −£1.3k
Cash at bank: ▼60%; Now £226
Headcount: 0%; Now 2
Deferred income: 0%; Now £425
Fixed assets: ▼100%; Now £0

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Apr 2024 (profit −£454), from the Companies House accounts bulk data published Jun 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.