Excellerate Black Futures CICDissolved
Registered name: EXCELLERATE BLACK FUTURES CIC
Excellerate Black Futures CIC made £0 revenue and a £6.3k loss in the year to 30 Jun 2024.
Excellerate Black Futures CIC’s revenue fell 100% to £0 in the year to 30 Jun 2024, with a loss of £6.3k and 0 employees. We hold 3 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £0 | £12k | £0 |
| Cost of sales | — | £264 | £4.4k |
| Gross profit | £0 | £11.7k | −£4.4k |
| Operating profit | −£1.1k | £8.1k | −£6.3k |
| Profit before tax | −£1.1k | £8.1k | −£6.3k |
| Profit after tax | −£1.1k | £8.1k | −£6.3k |
| Profit (best available) | −£1.1k | £8.1k | −£6.3k |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | — | 67.1% | — |
| Gross margin | — | 97.8% | — |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼100% |
| Profit growth | — | — | ▼177.7% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £50 | £8.4k | £880 |
| Net assets | −£1.1k | £6.8k | £671 |
| Current assets | £50 | £8.4k | £2.1k |
| Debtors | — | — | £1.3k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Oct 2024 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- ▼90%
- Now £671
- Cash at bank
- ▼89%
- Now £880
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 30 Jun 2024 (profit −£6.3k), 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.