Caribbean Research and Innovation Collaboration for Knowledge Exchange and Transfer CIC
Registered name: CARIBBEAN RESEARCH AND INNOVATION COLLABORATION FOR KNOWLEDGE EXCHANGE AND TRANSFER CIC
Caribbean Research and Innovation Collaboration for Knowledge Exchange and Transfer CIC made £9.6k revenue and £3.3k profit in the year to 31 Aug 2024.
Caribbean Research and Innovation Collaboration for Knowledge Exchange and Transfer CIC’s revenue fell 48% to £9.6k in the year to 31 Aug 2024, with £3.3k profit and 0 employees. The company is classified under “other research and experimental development on natural sciences and engineering” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- 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 | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £7.3k | £18.4k | £9.6k |
| Cost of sales | £6.5k | £21.2k | £4.3k |
| Gross profit | £767 | −£2.8k | £5.3k |
| Operating profit | £0 | −£3.3k | £4k |
| Profit before tax | £0 | −£3.3k | £4k |
| Profit after tax | £0 | −£3.3k | £3.3k |
| Profit (best available) | £0 | −£3.3k | £3.3k |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | 0% | −17.8% | 34.3% |
| Gross margin | 10.5% | −15.4% | 55.1% |
| Growth (year on year) | |||
| Revenue growth | — | ▲152.4% | ▼48.1% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £7.2k | £3.9k | £8.8k |
| Net assets | £7.2k | £3.9k | £8.8k |
| Fixed assets | — | £0 | £0 |
| Current assets | £7.2k | £3.9k | £8.8k |
| Debtors | — | £0 | £0 |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2025 |
How the business works
- Profit margin
- 34.3%
- Profit ÷ revenue.
- Gross margin
- 55.1%
- 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
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▲125%
- Now £8.8k
- Cash at bank
- ▲125%
- Now £8.8k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £0
Sources
Latest figures from FullAccounts for the year to 31 Aug 2024 (profit £3.3k), from the Companies House accounts bulk data published May 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.