How much does Thred CIC make?

Thred CIC reported revenue of £11.5k and a loss of £389 in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Thred CIC have?

Thred CIC reported an average of 0 employees in the year to 31 Dec 2023.

Is Thred CIC profitable?

No — Thred CIC reported a loss of £389 in the year to 31 Dec 2023.

Company No. 12352307

Thred CICDissolved

Registered name: THRED CIC

Thred CIC made £11.5k revenue and a £389 loss in the year to 31 Dec 2023.

Thred CIC’s revenue fell 51% to £11.5k in the year to 31 Dec 2023, with a loss of £389 and 0 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Last filed accounts · year to 31 Dec 2023

Key figures

IndependentSmall team

Revenue

£11.5k

Growth ▼50.7%

Profit

−£389

Growth —

Profit margin

−3.4%

Gross 100%

Employees

Change —

Profit / employee

—

Profitable streak

0yrs

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 to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£23.4k	£11.5k
Gross profit	£23.4k	£11.5k
Operating profit	−£354	−£389
Profit before tax	−£354	−£389
Profit after tax	−£354	−£389
Profit (best available)	−£354	−£389
Employees (average)	0	0
Ratios
Profit margin	−1.5%	−3.4%
Gross margin	100%	100%
Growth (year on year)
Revenue growth	—	▼50.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£7k	£7k
Net assets	£1.6k	£1.2k
Fixed assets	£1.6k	£1.3k
Current assets	£7k	£7k
Source	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Nov 2024

Derived from the latest filing

How the business works

Profit margin: −3.4%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 11%; 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: ▼24%; Now £1.2k
Cash at bank: ▲0%; Now £7k
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: ▼20%; Now £1.3k

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£389), from the Companies House accounts bulk data published Nov 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.