How much does Asian Single Parents Network CIC make?

Asian Single Parents Network CIC reported revenue of £27.2k and £8.3k profit in the year to 30 Sep 2023, according to its accounts filed at Companies House.

How many employees does Asian Single Parents Network CIC have?

Asian Single Parents Network CIC reported an average of 2 employees in the year to 30 Sep 2023.

Is Asian Single Parents Network CIC profitable?

Yes — Asian Single Parents Network CIC reported a profit of £8.3k in the year to 30 Sep 2023.

Company No. 12882676 · Incorporated 16 Sep 2020

Asian Single Parents Network CIC

Registered name: ASIAN SINGLE PARENTS NETWORK CIC

Asian Single Parents Network CIC made £27.2k revenue and £8.3k profit in the year to 30 Sep 2023.

Asian Single Parents Network CIC’s revenue grew 369% to £27.2k in the year to 30 Sep 2023, with £8.3k profit and 2 employees. The company is classified under “other information service activities” and is based in Gillingham; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 63990Other information service activities n.e.c.SIC 86900Other human health activities

Status: Active
Location: Gillingham, South East
Age: 6 yrs · since 2020
Type: Community Interest Company

Latest accounts · year to 30 Sep 2023

Key figures

IndependentSmall teamCapital-lightYoung and profitable

Revenue

£27.2k

Growth ▲368.8%

Profit

£8.3k

Growth —

Profit margin

30.6%

Gross 79.1%

Employees

Change —

Profit / employee

£4.2k

Revenue/employee £13.6k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2022	30 Sep 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£5.8k	£27.2k
Cost of sales	£2k	£5.7k
Gross profit	£3.8k	£21.5k
Operating profit	−£1.1k	£10.1k
Profit before tax	−£1.1k	£10.1k
Profit after tax	−£1.1k	£8.3k
Profit (best available)	−£1.1k	£8.3k
Employees (average)	0	2
Ratios
Profit margin	−18.7%	30.6%
Gross margin	64.8%	79.1%
Revenue per employee	—	£13.6k
Profit per employee	—	£4.2k
Growth (year on year)
Revenue growth	—	▲368.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£9.1k	£28.2k
Net assets	−£646	£7.7k
Fixed assets	£262	£175
Current assets	£9.1k	£28.2k
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024

Derived from the latest filing

How the business works

Profit margin: 30.6%; Profit ÷ revenue.
Gross margin: 79.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £13.6k; Revenue ÷ average employees.
Profit per employee: £4.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.6%; 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 £7.7k
Cash at bank: ▲210%; Now £28.2k
Headcount: —; Now 2
Deferred income: —; Now —
Fixed assets: ▼33%; Now £175

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2023 (profit £8.3k), from the Companies House accounts bulk data published May 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.