Open Minds Active C.I.C.
Registered name: OPEN MINDS ACTIVE C.I.C.
Open Minds Active C.I.C. made £86.3k revenue and £4k profit in the year to 30 Jun 2024.
Open Minds Active C.I.C.’s revenue fell 31% to £86.3k in the year to 30 Jun 2024, with £4k profit and 4 employees. The company is classified under “other sports activities” and is based in Bristol; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Bristol, South West
- Age
- 7 yrs · since 2019
- 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 | 30 Jun 2023 | 30 Jun 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £124k | £86.3k |
| Cost of sales | £51.4k | £22.3k |
| Gross profit | £73k | £64k |
| Operating profit | £9.1k | £4.9k |
| Profit before tax | £9.1k | £4.9k |
| Profit after tax | £7.4k | £4k |
| Profit (best available) | £7.4k | £4k |
| Employees (average) | 4 | 4 |
| Ratios | ||
| Profit margin | 5.9% | 4.6% |
| Gross margin | 58.7% | 74.2% |
| Revenue per employee | £31.1k | £21.6k |
| Profit per employee | £1.8k | £1k |
| Growth (year on year) | ||
| Revenue growth | — | ▼30.7% |
| Profit growth | — | ▼45.8% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £25.8k | £3.5k |
| Net assets | £14.4k | £18.4k |
| Fixed assets | £900 | £876 |
| Current assets | £28.6k | £19.9k |
| Debtors | £180 | £3.3k |
| Deferred income | £11.3k | £1.2k |
| Source | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2025 |
How the business works
- Profit margin
- 4.6%
- Profit ÷ revenue.
- Gross margin
- 74.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £21.6k
- Revenue ÷ average employees.
- Profit per employee
- £1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.8%
- 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
- ▲28%
- Now £18.4k
- Cash at bank
- ▼86%
- Now £3.5k
- Headcount
- 0%
- Now 4
- Deferred income
- ▼90%
- Now £1.2k
- Fixed assets
- ▼3%
- Now £876
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 30 Jun 2024 (profit £4k), from the Companies House accounts bulk data published Feb 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.