How much does Kent Alpha Project CIC make?

Kent Alpha Project CIC reported revenue of £134k and £18.1k profit in the year to 31 May 2023, according to its accounts filed at Companies House.

How many employees does Kent Alpha Project CIC have?

Kent Alpha Project CIC reported an average of 4 employees in the year to 31 May 2023.

Is Kent Alpha Project CIC profitable?

Yes — Kent Alpha Project CIC reported a profit of £18.1k in the year to 31 May 2023.

Company No. 13390751 · Incorporated 12 May 2021

Kent Alpha Project CIC

Registered name: KENT ALPHA PROJECT CIC

Kent Alpha Project CIC made £134k revenue and £18.1k profit in the year to 31 May 2023.

Kent Alpha Project CIC’s revenue grew 25% to £134k in the year to 31 May 2023, with £18.1k profit and 4 employees. The company is classified under “renting and operating of housing association real estate” and is based in Folkestone; we hold 2 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68201Renting and operating of Housing Association real estate SIC 87200Residential care activities for learning difficulties, mental health and substance abuse SIC 87900Other residential care activities n.e.c.

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

Latest accounts · year to 31 May 2023

Key figures

IndependentSmall teamYoung and profitable

Revenue

£134k

Growth ▲25.2%

Profit

£18.1k

Growth —

Profit margin

13.5%

Gross 99.7%

Employees

Change 0%

Profit / employee

£4.5k

Revenue/employee £33.6k

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	31 May 2022	31 May 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£107k	£134k
Cost of sales	£4.2k	£391
Gross profit	£103k	£134k
Operating profit	−£6.7k	£18.1k
Profit before tax	−£6.7k	£18.1k
Profit after tax	−£6.7k	£18.1k
Profit (best available)	−£6.7k	£18.1k
Employees (average)	4	4
Ratios
Profit margin	−6.2%	13.5%
Gross margin	96%	99.7%
Revenue per employee	£26.8k	£33.6k
Profit per employee	−£1.7k	£4.5k
Growth (year on year)
Revenue growth	—	▲25.2%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£20.4k	£18k
Net assets	−£6.7k	£11.5k
Current assets	£20.4k	£18k
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024

Derived from the latest filing

How the business works

Profit margin: 13.5%; Profit ÷ revenue.
Gross margin: 99.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £33.6k; Revenue ÷ average employees.
Profit per employee: £4.5k; 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: —; 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 £11.5k
Cash at bank: ▼12%; Now £18k
Headcount: 0%; Now 4
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Minority corporate shareholders

Curae Group Ltd

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2023 (profit £18.1k), from the Companies House accounts bulk data published Mar 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.