Bib Network CIC
Registered name: BIB NETWORK CIC
Bib Network CIC made £8.7k revenue and a £462 loss in the year to 31 Dec 2024.
Bib Network CIC’s revenue fell 2% to £8.7k in the year to 31 Dec 2024, with a loss of £462 and 0 employees. The company is classified under “other service activities” and is based in Kington; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Kington, West Midlands
- Age
- 5 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 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £8.9k | £8.7k |
| Cost of sales | £8.2k | £9.1k |
| Gross profit | £666 | −£431 |
| Operating profit | £666 | −£431 |
| Profit before tax | £666 | −£431 |
| Profit after tax | £378 | −£462 |
| Profit (best available) | £378 | −£462 |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | 4.3% | −5.3% |
| Gross margin | 7.5% | −5% |
| Growth (year on year) | ||
| Revenue growth | — | ▼2.3% |
| Profit growth | — | ▼222.2% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £2.6k | £700 |
| Net assets | £2k | £1.7k |
| Current assets | £2.6k | £1.9k |
| Debtors | — | £1.2k |
| Source | FullAccounts · bulk data Jan 2026 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −5.3%
- Profit ÷ revenue.
- Gross margin
- −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
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13.8%
- 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
- ▼13%
- Now £1.7k
- Cash at bank
- ▼73%
- Now £700
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£462), from the Companies House accounts bulk data published Jan 2026. 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.