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Company No. 12253677 · Incorporated 10 Oct 2019

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.

Full P&L filedSection Q · Human health and social workSIC 86900Other human health activities
Status
Active
Location
Walsall, West Midlands
Age
7 yrs · since 2019
Type
Community Interest Company
Latest accounts · year to 31 Oct 2025

Key figures

IndependentSmall teamCapital-light
Revenue
£135k
Growth ▼38.7%
Profit
£113
Growth ▼39.6%
Profit margin
0.1%
Gross 77.3%
Employees
1
Change ▼50%
Profit / employee
£113
Revenue/employee £135k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Oct 202431 Oct 2025
DisclosureFull P&LFull 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)21
Ratios
Profit margin0.1%0.1%
Gross margin79.4%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
SourceFullAccounts · bulk data Jul 2026FullAccounts · bulk data Jul 2026
Derived from the latest filing

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.
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
▲0%
Now £30.3k
Cash at bank
▲18%
Now £115k
Headcount
▼50%
Now 1
Deferred income
—
Now —
Fixed assets
▼25%
Now £2.2k
Same industry, similar size

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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.