High Voltage Group CIC
Registered name: HIGH VOLTAGE GROUP CIC
High Voltage Group CIC made £3.4k revenue and £0 profit in the year to 31 May 2024.
High Voltage Group CIC’s revenue grew 6% to £3.4k in the year to 31 May 2024, with £0 profit and 1 employee. The company is classified under “other social work activities without accommodation” and is based in Barry; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Barry, Wales
- Age
- 5 yrs · since 2021
- 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 May 2022 | 31 May 2023 | 31 May 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £1.1k | £3.2k | £3.4k |
| Cost of sales | £0 | £540 | £1.8k |
| Gross profit | £1.1k | £2.6k | £1.5k |
| Operating profit | £0 | £0 | £0 |
| Profit before tax | £0 | £0 | £0 |
| Profit after tax | £0 | £0 | £0 |
| Profit (best available) | £0 | £0 | £0 |
| Employees (average) | 1 | 1 | 1 |
| Ratios | |||
| Profit margin | 0% | 0% | 0% |
| Gross margin | 100% | 83% | 45.9% |
| Revenue per employee | £1.1k | £3.2k | £3.4k |
| Profit per employee | £0 | £0 | £0 |
| Growth (year on year) | |||
| Revenue growth | — | ▲190.1% | ▲5.9% |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £6.7k | £7.1k | £7.7k |
| Net assets | £0 | £0 | £0 |
| Current assets | £6.7k | £7.1k | £7.7k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Jul 2024 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 45.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £3.4k
- Revenue ÷ average employees.
- Profit per employee
- £0
- 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.
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
- ▲8%
- Now £7.7k
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 May 2024 (profit £0), from the Companies House accounts bulk data published Jul 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.