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Company No. 12803643 · Incorporated 10 Aug 2020

Ability Needs CIC

Registered name: ABILITY NEEDS CIC

Ability Needs CIC made £0 revenue and a £249 loss in the year to 31 Aug 2024.

Ability Needs CIC’s revenue fell 100% to £0 in the year to 31 Aug 2024, with a loss of £249 and 1 employee. The company is classified under “other education” and is based in Maidstone; we hold 3 years of its filed accounts.

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

Key figures

IndependentSmall team
Revenue
£0
Growth ▼100%
Profit
−£249
Growth —
Profit margin
—
 
Employees
1
Change 0%
Profit / employee
−£249
Revenue/employee £0
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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Aug 202231 Aug 202331 Aug 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£2.1k£39£0
Cost of sales£43£35£0
Gross profit£2k£4£0
Operating profit−£653−£657−£249
Profit before tax−£653−£657−£249
Profit after tax−£653−£657−£249
Profit (best available)−£653−£657−£249
Employees (average)111
Ratios
Profit margin−31.4%−1685%—
Gross margin97.9%10.3%—
Revenue per employee£2.1k£39£0
Profit per employee−£653−£657−£249
Growth (year on year)
Revenue growth—▼98.1%▼100%
Headcount growth—0%0%
Balance sheet — indirect signals, not revenue
Cash at bank£7£11£11
Net assets−£1.3k−£2k−£2.2k
Current assets£7£11£11
SourceFullAccounts · bulk data May 2024FullAccounts · bulk data May 2024FullAccounts · bulk data Apr 2025
Derived from the latest filing

How the business works

Profit margin
—
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£0
Revenue ÷ average employees.
Profit per employee
−£249
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
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
—
Now −£2.2k
Cash at bank
0%
Now £11
Headcount
0%
Now 1
Deferred income
—
Now —
Fixed assets
—
Now —
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Aug 2024 (profit −£249), from the Companies House accounts bulk data published Apr 2025. 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.