How much does Ageable CIC make?

Ageable CIC reported revenue of £42k and £3.6k profit in the year to 31 Jan 2024, according to its accounts filed at Companies House.

How many employees does Ageable CIC have?

Ageable CIC reported an average of 1 employee in the year to 31 Jan 2024.

Is Ageable CIC profitable?

Yes — Ageable CIC reported a profit of £3.6k in the year to 31 Jan 2024.

Company No. 13142189 · Incorporated 18 Jan 2021

Ageable CIC

Registered name: AGEABLE CIC

Ageable CIC made £42k revenue and £3.6k profit in the year to 31 Jan 2024.

Ageable CIC’s revenue grew 278% to £42k in the year to 31 Jan 2024, with £3.6k profit and 1 employee. The company is classified under “specialised design activities” and is based in Birmingham; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74100specialised design activities

Status: Active
Location: Birmingham, West Midlands
Age: 5 yrs · since 2021
Type: Community Interest Company

Latest accounts · year to 31 Jan 2024

Key figures

IndependentSmall teamYoung and profitable

Revenue

£42k

Growth ▲278.4%

Profit

£3.6k

Growth —

Profit margin

8.6%

Gross 58.4%

Employees

Change 0%

Profit / employee

£3.6k

Revenue/employee £42k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jan 2022	31 Jan 2023	31 Jan 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£32.6k	£11.1k	£42k
Cost of sales	£3k	£4.5k	£17.5k
Gross profit	£29.6k	£6.5k	£24.5k
Operating profit	£11.5k	−£7.5k	£4.4k
Profit before tax	£11.5k	−£7.5k	£4.4k
Profit after tax	£9.3k	−£6.1k	£3.6k
Profit (best available)	£9.3k	−£6.1k	£3.6k
Employees (average)	1	1	1
Ratios
Profit margin	28.5%	−55.1%	8.6%
Gross margin	90.8%	59%	58.4%
Revenue per employee	£32.6k	£11.1k	£42k
Profit per employee	£9.3k	−£6.1k	£3.6k
Growth (year on year)
Revenue growth	—	▼66%	▲278.4%
Profit growth	—	▼165.7%	—
Headcount growth	—	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£12.8k	£3.9k	£12.5k
Net assets	£9.3k	£3.2k	£6.8k
Fixed assets	£0	£0	—
Current assets	£15k	£5.7k	£13.9k
Debtors	£2.2k	£1.8k	£1.4k
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Oct 2024

Derived from the latest filing

How the business works

Profit margin: 8.6%; Profit ÷ revenue.
Gross margin: 58.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £42k; Revenue ÷ average employees.
Profit per employee: £3.6k; 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: 3.4%; 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: ▲114%; Now £6.8k
Cash at bank: ▲218%; Now £12.5k
Headcount: 0%; Now 1
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jan 2024 (profit £3.6k), from the Companies House accounts bulk data published Oct 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.