The Sahara Initiative CIC
Registered name: THE SAHARA INITIATIVE CIC
The Sahara Initiative CIC made £269 revenue and a £2.5k loss in the year to 31 May 2024.
The Sahara Initiative CIC’s revenue fell 98% to £269 in the year to 31 May 2024, with a loss of £2.5k and 0 employees. The company is classified under “other service activities” and is based in Bradford; we hold 2 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Bradford, Yorkshire and The Humber
- 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 May 2023 | 31 May 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £11.3k | £269 |
| Cost of sales | £5.1k | £1.6k |
| Gross profit | £6.2k | −£1.3k |
| Operating profit | £5.1k | −£2.5k |
| Profit before tax | £5.1k | −£2.5k |
| Profit after tax | £5.1k | −£2.5k |
| Profit (best available) | £5.1k | −£2.5k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | 45.3% | −911.5% |
| Gross margin | 55% | −479.5% |
| Growth (year on year) | ||
| Revenue growth | — | ▼97.6% |
| Profit growth | — | ▼148% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £6.2k | £1.5k |
| Net assets | £5.1k | £366 |
| Fixed assets | £0 | £0 |
| Current assets | £6.2k | £1.5k |
| Debtors | £0 | £0 |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data May 2025 |
How the business works
- Profit margin
- −911.5%
- Profit ÷ revenue.
- Gross margin
- −479.5%
- 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
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▼93%
- Now £366
- Cash at bank
- ▼76%
- Now £1.5k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £0
Sources
Latest figures from FullAccounts for the year to 31 May 2024 (profit −£2.5k), from the Companies House accounts bulk data published May 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.