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Company No. 12520050 · Incorporated 17 Mar 2020

Kith 'N' Kin CIC

Registered name: KITH 'N' KIN CIC

Kith 'N' Kin CIC made £15k revenue and £1.3k profit in the year to 31 Mar 2024.

Kith 'N' Kin CIC’s revenue grew 1673% to £15k in the year to 31 Mar 2024, with £1.3k profit and 0 employees. The company is classified under “other human health activities” and is based in Tonbridge; we hold 3 years of its filed accounts.

Status
Active
Location
Tonbridge, South East
Age
6 yrs · since 2020
Type
Community Interest Company
Latest accounts · year to 31 Mar 2024

Key figures

IndependentSmall teamCapital-lightYoung and profitable
Revenue
£15k
Growth ▲1673%
Profit
£1.3k
Growth —
Profit margin
8.7%
Gross 40.5%
Employees
0
Change —
Profit / employee
—
 
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 to31 Mar 202231 Mar 202331 Mar 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£4.3k£847£15k
Cost of sales£3.3k£455£8.9k
Gross profit£1.1k£392£6.1k
Operating profit−£743−£407£3.6k
Profit before tax−£743−£407£3.3k
Profit after tax−£613−£407£1.3k
Profit (best available)−£613−£407£1.3k
Employees (average)000
Ratios
Profit margin−14.1%−48%8.7%
Gross margin24.3%46.3%40.5%
Growth (year on year)
Revenue growth—▼80.5%▲1673%
Balance sheet — indirect signals, not revenue
Cash at bank£3.8k£127£7.5k
Net assets−£57−£464£837
Fixed assets—£0£0
Current assets£3.9k£136£7.5k
Debtors£130£0£0
Deferred income£4k£600£4.7k
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Nov 2024
Derived from the latest filing

How the business works

Profit margin
8.7%
Profit ÷ revenue.
Gross margin
40.5%
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
0%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
31.2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0%
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
—
Now £837
Cash at bank
▲5787%
Now £7.5k
Headcount
—
Now 0
Deferred income
▲682%
Now £4.7k
Fixed assets
—
Now £0

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

Sources

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £1.3k), 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.