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Company No. 13686063 · Incorporated 18 Oct 2021

Finding Magic CIC

Registered name: FINDING MAGIC CIC

Finding Magic CIC made £9.6k revenue and £0 profit in the year to 31 Oct 2024.

Finding Magic CIC’s revenue was £9.6k in the year to 31 Oct 2024, with £0 profit and 3 employees. The company is classified under “other human health activities” and is based in North Walsham; we hold 2 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 86900Other human health activitiesSIC 90010Performing arts
Status
Active
Location
North Walsham, East of England
Age
4 yrs · since 2021
Type
Community Interest Company
Latest accounts · year to 31 Oct 2024

Key figures

IndependentSmall team
Revenue
£9.6k
Growth —
Profit
£0
Growth —
Profit margin
0%
Gross 100%
Employees
3
Change 0%
Profit / employee
£0
Revenue/employee £3.2k
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 to31 Oct 202331 Oct 2024
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£0£9.6k
Gross profit£0£9.6k
Operating profit£0£0
Profit before tax£0£0
Profit after tax£0£0
Profit (best available)£0£0
Employees (average)33
Ratios
Profit margin—0%
Gross margin—100%
Revenue per employee£0£3.2k
Profit per employee£0£0
Growth (year on year)
Headcount growth—0%
Balance sheet — indirect signals, not revenue
Cash at bank£0£9.4k
Net assets£0£0
Current assets£0£9.4k
Deferred income£0£9.4k
SourceFullAccounts · bulk data Jul 2025FullAccounts · bulk data Jul 2025
Derived from the latest filing

How the business works

Profit margin
0%
Profit ÷ revenue.
Gross margin
100%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£3.2k
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
97.7%
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 £0
Cash at bank
—
Now £9.4k
Headcount
0%
Now 3
Deferred income
—
Now £9.4k
Fixed assets
—
Now —

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Sources

Latest figures from FullAccounts for the year to 31 Oct 2024 (profit £0), from the Companies House accounts bulk data published Jul 2025. 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.