Midlands Migrant Support Centre CICDissolved
Registered name: MIDLANDS MIGRANT SUPPORT CENTRE CIC
Midlands Migrant Support Centre CIC made £9k revenue and £2k profit in the year to 31 Jan 2024.
Midlands Migrant Support Centre CIC’s revenue was £9k in the year to 31 Jan 2024, with £2k profit and 3 employees. We hold 2 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 | 31 Jan 2023 | 31 Jan 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £9k | £9k |
| Cost of sales | £2.1k | £6.8k |
| Gross profit | £6.9k | £2.2k |
| Operating profit | £748 | £2k |
| Profit before tax | £748 | £2k |
| Profit after tax | £748 | £2k |
| Profit (best available) | £748 | £2k |
| Employees (average) | 2 | 3 |
| Ratios | ||
| Profit margin | 8.3% | 21.8% |
| Gross margin | 77.2% | 24.5% |
| Revenue per employee | £4.5k | £3k |
| Profit per employee | £374 | £652 |
| Growth (year on year) | ||
| Revenue growth | — | ▲0% |
| Profit growth | — | ▲161.5% |
| Headcount growth | — | ▲50% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | — | £4.1k |
| Net assets | £748 | £2.7k |
| Fixed assets | £1k | £2k |
| Current assets | £669 | £4.1k |
| Debtors | £669 | — |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 |
How the business works
- Profit margin
- 21.8%
- Profit ÷ revenue.
- Gross margin
- 24.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £3k
- 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
- 22.3%
- 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
- ▲262%
- Now £2.7k
- Cash at bank
- —
- Now £4.1k
- Headcount
- ▲50%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- ▲99%
- Now £2k
Sources
Latest figures from FullAccounts for the year to 31 Jan 2024 (profit £2k), from the Companies House accounts bulk data published Feb 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.