The Mindkind Projects CIC
Registered name: THE MINDKIND PROJECTS CIC
The Mindkind Projects CIC made £135k revenue and £113 profit in the year to 31 Oct 2025.
The Mindkind Projects CIC’s revenue fell 39% to £135k in the year to 31 Oct 2025, with £113 profit and 1 employee. The company is classified under “other human health activities” and is based in Walsall; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Walsall, West Midlands
- 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 Oct 2024 | 31 Oct 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £220k | £135k |
| Cost of sales | £45.3k | £30.7k |
| Gross profit | £175k | £104k |
| Operating profit | £187 | £178 |
| Profit before tax | £187 | £178 |
| Profit after tax | £187 | £113 |
| Profit (best available) | £187 | £113 |
| Employees (average) | 2 | 1 |
| Ratios | ||
| Profit margin | 0.1% | 0.1% |
| Gross margin | 79.4% | 77.3% |
| Revenue per employee | £110k | £135k |
| Profit per employee | £94 | £113 |
| Growth (year on year) | ||
| Revenue growth | — | ▼38.7% |
| Profit growth | — | ▼39.6% |
| Headcount growth | — | ▼50% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £98k | £115k |
| Net assets | £30.2k | £30.3k |
| Fixed assets | £2.9k | £2.2k |
| Current assets | £98k | £115k |
| Source | FullAccounts · bulk data Jul 2026 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 0.1%
- Profit ÷ revenue.
- Gross margin
- 77.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £135k
- Revenue ÷ average employees.
- Profit per employee
- £113
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.6%
- 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.
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
- ▲0%
- Now £30.3k
- Cash at bank
- ▲18%
- Now £115k
- Headcount
- ▼50%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▼25%
- Now £2.2k
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £113), from the Companies House accounts bulk data published Jul 2026. 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.