Donate IT CIC
Registered name: DONATE IT CIC
Donate IT CIC made £9.8k revenue and a £1.3k loss in the year to 31 May 2024.
Donate IT CIC’s revenue fell 51% to £9.8k in the year to 31 May 2024, with a loss of £1.3k and 2 employees. The company is classified under “other business support service activities” and is based in Wincanton; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Wincanton, South West
- 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 2023 | 31 May 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £20.1k | £9.8k |
| Cost of sales | £18.4k | £10.3k |
| Gross profit | £1.7k | −£445 |
| Operating profit | £778 | −£1.3k |
| Profit before tax | £778 | −£1.3k |
| Profit after tax | £656 | −£1.3k |
| Profit (best available) | £656 | −£1.3k |
| Employees (average) | 2 | 2 |
| Ratios | ||
| Profit margin | 3.3% | −13.3% |
| Gross margin | 8.5% | −4.5% |
| Revenue per employee | £10k | £4.9k |
| Profit per employee | £328 | −£652 |
| Growth (year on year) | ||
| Revenue growth | — | ▼51.1% |
| Profit growth | — | ▼298.8% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1k | £430 |
| Net assets | £518 | −£786 |
| Current assets | £1k | £430 |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 |
How the business works
- Profit margin
- −13.3%
- Profit ÷ revenue.
- Gross margin
- −4.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £4.9k
- Revenue ÷ average employees.
- Profit per employee
- −£652
- 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
- ▼252%
- Now −£786
- Cash at bank
- ▼59%
- Now £430
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 May 2024 (profit −£1.3k), from the Companies House accounts bulk data published Sep 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.