Silkfutures CIC
Registered name: SILKFUTURES CIC
Silkfutures CIC made £24.9k revenue and a £1.3k loss in the year to 29 Feb 2024.
Silkfutures CIC’s revenue fell 28% to £24.9k in the year to 29 Feb 2024, with a loss of £1.3k and 0 employees. The company is classified under “video production activities” and is based in Cardiff; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Cardiff, Wales
- Age
- 6 yrs · since 2020
- 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 | 28 Feb 2023 | 29 Feb 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £34.5k | £24.9k |
| Cost of sales | £20.5k | £18.3k |
| Gross profit | £13.9k | £6.6k |
| Operating profit | −£8.6k | −£1.3k |
| Profit before tax | −£8.6k | −£1.3k |
| Profit after tax | −£8.6k | −£1.3k |
| Profit (best available) | −£8.6k | −£1.3k |
| Employees (average) | 1 | 0 |
| Ratios | ||
| Profit margin | −25.1% | −5.1% |
| Gross margin | 40.4% | 26.6% |
| Revenue per employee | £34.5k | — |
| Profit per employee | −£8.6k | — |
| Growth (year on year) | ||
| Revenue growth | — | ▼27.8% |
| Headcount growth | — | ▼100% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £223 | £4.2k |
| Net assets | −£4k | −£5.2k |
| Fixed assets | £761 | £582 |
| Current assets | £223 | £4.2k |
| Source | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2024 |
How the business works
- Profit margin
- −5.1%
- Profit ÷ revenue.
- Gross margin
- 26.6%
- 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
- 2.3%
- 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
- —
- Now −£5.2k
- Cash at bank
- ▲1799%
- Now £4.2k
- Headcount
- ▼100%
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼24%
- Now £582
Sources
Latest figures from FullAccounts for the year to 29 Feb 2024 (profit −£1.3k), 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.