Discovering Durham CICDissolved
Registered name: DISCOVERING DURHAM CIC
Discovering Durham CIC made £140k revenue and £4.5k profit in the year to 31 Mar 2023.
Discovering Durham CIC’s revenue fell 25% to £140k in the year to 31 Mar 2023, with £4.5k profit and 5 employees. The company was classified under “other retail sale in non-specialised stores” and was based in Durham; we hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
- Last location
- Durham
- Age
- 6 yrs · since 2020
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £187k | £140k |
| Cost of sales | £149k | £113k |
| Gross profit | £38.6k | £27.5k |
| Operating profit | £9.6k | £7.6k |
| Profit before tax | £7.4k | £5.9k |
| Profit after tax | £6.7k | £4.5k |
| Profit (best available) | £6.7k | £4.5k |
| Employees (average) | 5 | 5 |
| Ratios | ||
| Profit margin | 3.6% | 3.2% |
| Gross margin | 20.6% | 19.6% |
| Revenue per employee | £37.4k | £28.1k |
| Profit per employee | £1.3k | £903 |
| Growth (year on year) | ||
| Revenue growth | — | ▼25% |
| Profit growth | — | ▼32.3% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £13.9k | £22k |
| Net assets | £5.7k | £10.2k |
| Fixed assets | £3.2k | £2.4k |
| Current assets | £17.9k | £24.4k |
| Debtors | £3.9k | £2.5k |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 |
How the business works
- Profit margin
- 3.2%
- Profit ÷ revenue.
- Gross margin
- 19.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £28.1k
- Revenue ÷ average employees.
- Profit per employee
- £903
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.8%
- 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
- ▲79%
- Now £10.2k
- Cash at bank
- ▲57%
- Now £22k
- Headcount
- 0%
- Now 5
- Deferred income
- —
- Now —
- Fixed assets
- ▼27%
- Now £2.4k
Sources
Latest figures from FullAccounts for the year to 31 Mar 2023 (profit £4.5k), from the Companies House accounts bulk data published Jan 2024. 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.