How much does Co-Relate Communication C.I.C. make?

Co-Relate Communication C.I.C. reported revenue of £39.8k and a loss of £3.1k in the year to 30 Apr 2023, according to its accounts filed at Companies House.

How many employees does Co-Relate Communication C.I.C. have?

Co-Relate Communication C.I.C. reported an average of 3 employees in the year to 30 Apr 2023.

Is Co-Relate Communication C.I.C. profitable?

No — Co-Relate Communication C.I.C. reported a loss of £3.1k in the year to 30 Apr 2023.

Company No. 13367347 · Incorporated 29 Apr 2021

Co-Relate Communication C.I.C.

Registered name: CO-RELATE COMMUNICATION C.I.C.

Co-Relate Communication C.I.C. made £39.8k revenue and a £3.1k loss in the year to 30 Apr 2023.

Co-Relate Communication C.I.C.’s revenue fell 10% to £39.8k in the year to 30 Apr 2023, with a loss of £3.1k and 3 employees. The company is classified under “public relations and communications activities” and is based in Margate; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 70210Public relations and communications activities SIC 90030Artistic creation

Status: Active
Location: Margate, South East
Age: 5 yrs · since 2021
Type: Community Interest Company

Latest accounts · year to 30 Apr 2023

Key figures

IndependentSmall team

Revenue

£39.8k

Growth ▼10.1%

Profit

−£3.1k

Growth ▼181.2%

Profit margin

−7.9%

Gross 4.1%

Employees

Change ▲50%

Profit / employee

−£1k

Revenue/employee £13.3k

Profitable streak

0yrs

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 Apr 2022	30 Apr 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£44.2k	£39.8k
Cost of sales	£43.8k	£38.1k
Gross profit	£411	£1.6k
Operating profit	£4.8k	−£3.1k
Profit before tax	£4.8k	−£3.1k
Profit after tax	£3.9k	−£3.1k
Profit (best available)	£3.9k	−£3.1k
Employees (average)	2	3
Ratios
Profit margin	8.7%	−7.9%
Gross margin	0.9%	4.1%
Revenue per employee	£22.1k	£13.3k
Profit per employee	£1.9k	−£1k
Growth (year on year)
Revenue growth	—	▼10.1%
Profit growth	—	▼181.2%
Headcount growth	—	▲50%
Balance sheet — indirect signals, not revenue
Cash at bank	£8.8k	£94
Net assets	£3.9k	£725
Current assets	£8.8k	£3.1k
Debtors	—	£2.2k
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024

Derived from the latest filing

How the business works

Profit margin: −7.9%; Profit ÷ revenue.
Gross margin: 4.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £13.3k; Revenue ÷ average employees.
Profit per employee: −£1k; 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: 5.6%; 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: ▼81%; Now £725
Cash at bank: ▼99%; Now £94
Headcount: ▲50%; Now 3
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 30 Apr 2023 (profit −£3.1k), from the Companies House accounts bulk data published Jan 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.