How much does U3 Space CIC make?

U3 Space CIC reported revenue of £17k and £188 profit in the year to 31 Jan 2024, according to its accounts filed at Companies House.

How many employees does U3 Space CIC have?

U3 Space CIC reported an average of 1 employee in the year to 31 Jan 2024.

Is U3 Space CIC profitable?

Yes — U3 Space CIC reported a profit of £188 in the year to 31 Jan 2024.

Company No. 12176820 · Incorporated 28 Aug 2019

U3 Space CIC

Registered name: U3 SPACE CIC

U3 Space CIC made £17k revenue and £188 profit in the year to 31 Jan 2024.

U3 Space CIC’s revenue was £17k in the year to 31 Jan 2024, with £188 profit and 1 employee. The company is classified under “other letting and operating of own or leased real estate” and is based in Lostwithiel; we hold 3 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68209Other letting and operating of own or leased real estate SIC 85520Cultural education SIC 90030Artistic creation SIC 90040Operation of arts facilities

Status: Active
Location: Lostwithiel, South West
Age: 7 yrs · since 2019
Type: Community Interest Company

Latest accounts · year to 31 Jan 2024

Key figures

IndependentSmall teamCapital-lightYoung and profitable

Revenue

£17k

Growth —

Profit

£188

Growth —

Profit margin

1.1%

Gross 1.1%

Employees

Change —

Profit / employee

£188

Revenue/employee £17k

Profitable streak

1yr

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	31 Aug 2021	31 Jan 2023	31 Jan 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£12.8k	£15.9k	£17k
Cost of sales	£12.7k	£17.1k	£16.8k
Gross profit	£85	−£1.3k	£188
Operating profit	−£2k	−£3.5k	£188
Profit before tax	−£2k	−£3.5k	£188
Profit after tax	−£2k	−£3.5k	£188
Profit (best available)	−£2k	−£3.5k	£188
Employees (average)	1	1	1
Ratios
Profit margin	−15.7%	−22.2%	1.1%
Gross margin	0.7%	−7.9%	1.1%
Revenue per employee	£12.8k	£15.9k	£17k
Profit per employee	−£2k	−£3.5k	£188
Balance sheet — indirect signals, not revenue
Net assets	£55	£20	£100
Fixed assets	£255	£320	£450
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Oct 2024

Derived from the latest filing

How the business works

Profit margin: 1.1%; Profit ÷ revenue.
Gross margin: 1.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £17k; Revenue ÷ average employees.
Profit per employee: £188; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; 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 £100
Cash at bank: —; Now —
Headcount: —; Now 1
Deferred income: —; Now —
Fixed assets: —; Now £450

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jan 2024 (profit £188), from the Companies House accounts bulk data published Oct 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.