Mid Surrey Community Fridges CIC
Registered name: MID SURREY COMMUNITY FRIDGES CIC
Mid Surrey Community Fridges CIC made £221k revenue and £31.8k profit in the year to 31 Aug 2023.
Mid Surrey Community Fridges CIC’s revenue fell 5% to £221k in the year to 31 Aug 2023, with £31.8k profit and 5 employees. The company is classified under “collection of non-hazardous waste” and is based in Dorking; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Dorking, South East
- 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 | 31 Aug 2022 | 31 Aug 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £233k | £221k |
| Cost of sales | £7.3k | £11.9k |
| Gross profit | £226k | £209k |
| Operating profit | £79.9k | £39k |
| Profit before tax | £79.9k | £39.1k |
| Profit after tax | £72.4k | £31.8k |
| Profit (best available) | £72.4k | £31.8k |
| Employees (average) | 5 | 5 |
| Ratios | ||
| Profit margin | 31.1% | 14.4% |
| Gross margin | 96.9% | 94.6% |
| Revenue per employee | £46.6k | £44.2k |
| Profit per employee | £14.5k | £6.4k |
| Growth (year on year) | ||
| Revenue growth | — | ▼5% |
| Profit growth | — | ▼56.1% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £106k | £238k |
| Net assets | £133k | £165k |
| Fixed assets | £70.4k | £94.8k |
| Current assets | £124k | £244k |
| Debtors | £2.5k | £0 |
| Deferred income | £44.1k | £156k |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 |
How the business works
- Profit margin
- 14.4%
- Profit ÷ revenue.
- Gross margin
- 94.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £44.2k
- Revenue ÷ average employees.
- Profit per employee
- £6.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 42.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 70.5%
- 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
- ▲24%
- Now £165k
- Cash at bank
- ▲125%
- Now £238k
- Headcount
- 0%
- Now 5
- Deferred income
- ▲254%
- Now £156k
- Fixed assets
- ▲35%
- Now £94.8k
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 Aug 2023 (profit £31.8k), from the Companies House accounts bulk data published Aug 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.