How much does The Skills Spot C.I.C. make?

The Skills Spot C.I.C. reported revenue of £65.9k and £1.4k profit in the year to 31 Aug 2024, according to its accounts filed at Companies House.

How many employees does The Skills Spot C.I.C. have?

The Skills Spot C.I.C. reported an average of 5 employees in the year to 31 Aug 2024.

Is The Skills Spot C.I.C. profitable?

Yes — The Skills Spot C.I.C. reported a profit of £1.4k in the year to 31 Aug 2024.

Company No. 14277439 · Incorporated 4 Aug 2022

The Skills Spot C.I.C.

Registered name: THE SKILLS SPOT C.I.C.

The Skills Spot C.I.C. made £65.9k revenue and £1.4k profit in the year to 31 Aug 2024.

The Skills Spot C.I.C.’s revenue grew 682% to £65.9k in the year to 31 Aug 2024, with £1.4k profit and 5 employees. The company is classified under “other business support service activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: London, London
Age: 4 yrs · since 2022
Type: Community Interest Company

Latest accounts · year to 31 Aug 2024

Key figures

IndependentSmall teamYoung and profitable

Revenue

£65.9k

Growth ▲682.5%

Profit

£1.4k

Growth ▲6%

Profit margin

2.2%

Gross 63.2%

Employees

Change ▲25%

Profit / employee

£285

Revenue/employee £13.2k

Profitable streak

2yrs

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 to	31 Aug 2023	31 Aug 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£8.4k	£65.9k
Cost of sales	£2.2k	£24.2k
Gross profit	£6.2k	£41.7k
Operating profit	£1.7k	£1.8k
Profit before tax	£1.7k	£1.8k
Profit after tax	£1.3k	£1.4k
Profit (best available)	£1.3k	£1.4k
Employees (average)	4	5
Ratios
Profit margin	16%	2.2%
Gross margin	74.1%	63.2%
Revenue per employee	£2.1k	£13.2k
Profit per employee	£336	£285
Growth (year on year)
Revenue growth	—	▲682.5%
Profit growth	—	▲6%
Headcount growth	—	▲25%
Balance sheet — indirect signals, not revenue
Cash at bank	£4k	£5.3k
Net assets	£1.3k	£2.8k
Current assets	£4k	£5.4k
Debtors	—	£57
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024

Derived from the latest filing

How the business works

Profit margin: 2.2%; Profit ÷ revenue.
Gross margin: 63.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £13.2k; Revenue ÷ average employees.
Profit per employee: £285; 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: 0.1%; 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: ▲106%; Now £2.8k
Cash at bank: ▲34%; Now £5.3k
Headcount: ▲25%; Now 5
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Aug 2024 (profit £1.4k), 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.