Go Africa Community Hub CIC
Registered name: GO AFRICA COMMUNITY HUB CIC
Go Africa Community Hub CIC made £9.8k revenue and a £2.2k loss in the year to 31 Jan 2024.
Go Africa Community Hub CIC’s revenue grew 20% to £9.8k in the year to 31 Jan 2024, with a loss of £2.2k and 0 employees. The company is classified under “activities of exhibition and fair organisers” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 4 yrs · since 2022
- 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 Jan 2023 | 31 Jan 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £8.1k | £9.8k |
| Cost of sales | £3.6k | £4.1k |
| Gross profit | £4.5k | £5.6k |
| Operating profit | −£384 | −£2.2k |
| Profit before tax | −£384 | −£2.2k |
| Profit after tax | −£384 | −£2.2k |
| Profit (best available) | −£384 | −£2.2k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | −4.7% | −23% |
| Gross margin | 55.4% | 57.9% |
| Growth (year on year) | ||
| Revenue growth | — | ▲20.1% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.2k | £565 |
| Net assets | −£384 | −£2.6k |
| Fixed assets | £0 | — |
| Current assets | £1.2k | £592 |
| Debtors | £0 | £27 |
| Deferred income | £0 | — |
| Source | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Jan 2025 |
How the business works
- Profit margin
- −23%
- Profit ÷ revenue.
- Gross margin
- 57.9%
- 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
- 0.3%
- 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 −£2.6k
- Cash at bank
- ▼52%
- Now £565
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Jan 2024 (profit −£2.2k), from the Companies House accounts bulk data published Jan 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.