Chat 1st CICDissolved
Registered name: CHAT 1ST CIC
Chat 1st CIC made £29.6k revenue and £1.2k profit in the year to 31 Jan 2024.
Chat 1st CIC’s revenue fell 59% to £29.6k in the year to 31 Jan 2024, with £1.2k profit and 0 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2023 | 31 Jan 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £72.5k | £29.6k |
| Cost of sales | £65.1k | £28k |
| Gross profit | £7.4k | £1.5k |
| Operating profit | £7.4k | £1.5k |
| Profit before tax | £7.4k | £1.5k |
| Profit after tax | £6k | £1.2k |
| Profit (best available) | £6k | £1.2k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | 8.3% | 4.1% |
| Gross margin | 10.2% | 5.1% |
| Growth (year on year) | ||
| Revenue growth | — | ▼59.2% |
| Profit growth | — | ▼79.6% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £24.5k | £2.5k |
| Net assets | £0 | £0 |
| Fixed assets | £0 | £0 |
| Current assets | £24.5k | £2.5k |
| Debtors | £0 | £0 |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 |
How the business works
- Profit margin
- 4.1%
- Profit ÷ revenue.
- Gross margin
- 5.1%
- 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
- —
- Now £0
- Cash at bank
- ▼90%
- Now £2.5k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £0
Sources
Latest figures from FullAccounts for the year to 31 Jan 2024 (profit £1.2k), from the Companies House accounts bulk data published Feb 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.