How much does Cyber Wales Group C.I.C. make?

Cyber Wales Group C.I.C. reported revenue of £81.5k and £28.8k profit in the year to 29 Feb 2024, according to its accounts filed at Companies House.

How many employees does Cyber Wales Group C.I.C. have?

Cyber Wales Group C.I.C. reported an average of 3 employees in the year to 29 Feb 2024.

Is Cyber Wales Group C.I.C. profitable?

Yes — Cyber Wales Group C.I.C. reported a profit of £28.8k in the year to 29 Feb 2024.

Company No. 12474096 · Incorporated 20 Feb 2020

Cyber Wales Group C.I.C.

Registered name: CYBER WALES GROUP C.I.C.

Cyber Wales Group C.I.C. made £81.5k revenue and £28.8k profit in the year to 29 Feb 2024.

Cyber Wales Group C.I.C.’s revenue grew 308% to £81.5k in the year to 29 Feb 2024, with £28.8k profit and 3 employees. The company is classified under “other professional, scientific and technical activities” and is based in Brecon; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74909Other professional, scientific and technical activities n.e.c.

Status: Active
Location: Brecon, Wales
Age: 6 yrs · since 2020
Type: Community Interest Company

Latest accounts · year to 29 Feb 2024

Key figures

IndependentSmall teamCapital-lightYoung and profitable

Revenue

£81.5k

Growth ▲308.1%

Profit

£28.8k

Growth —

Profit margin

35.3%

Gross 60.3%

Employees

Change 0%

Profit / employee

£9.6k

Revenue/employee £27.2k

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	28 Feb 2022	28 Feb 2023	29 Feb 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£0	£20k	£81.5k
Cost of sales	£49.2k	£41.9k	£32.4k
Gross profit	−£49.2k	−£21.9k	£49.2k
Operating profit	£25.8k	−£6.8k	£37.3k
Profit before tax	£25.8k	−£6.8k	£37.3k
Profit after tax	£20.9k	−£5.5k	£28.8k
Profit (best available)	£20.9k	−£5.5k	£28.8k
Employees (average)	3	3	3
Ratios
Profit margin	—	−27.8%	35.3%
Gross margin	—	−109.6%	60.3%
Revenue per employee	£0	£6.7k	£27.2k
Profit per employee	£7k	−£1.8k	£9.6k
Growth (year on year)
Revenue growth	—	—	▲308.1%
Profit growth	—	▼126.6%	—
Headcount growth	—	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£45.3k	£22.3k	£12.9k
Net assets	£19.6k	£14k	£42.8k
Fixed assets	£2.9k	£2.2k	£1.6k
Current assets	£45.3k	£31.4k	£62.8k
Debtors	£0	£6.8k	£49.9k
Deferred income	—	£15.4k	£1.4k
Source	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Feb 2025

Derived from the latest filing

How the business works

Profit margin: 35.3%; Profit ÷ revenue.
Gross margin: 60.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £27.2k; Revenue ÷ average employees.
Profit per employee: £9.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 61.2%; 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: ▲205%; Now £42.8k
Cash at bank: ▼42%; Now £12.9k
Headcount: 0%; Now 3
Deferred income: ▼91%; Now £1.4k
Fixed assets: ▼25%; Now £1.6k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 29 Feb 2024 (profit £28.8k), from the Companies House accounts bulk data published Feb 2025. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.