How much does Torkan CIC make?

Torkan CIC reported revenue of £0 and a loss of £44.8k in the year to 30 Sep 2023, according to its accounts filed at Companies House.

How many employees does Torkan CIC have?

Torkan CIC reported an average of 0 employees in the year to 30 Sep 2023.

Is Torkan CIC profitable?

No — Torkan CIC reported a loss of £44.8k in the year to 30 Sep 2023.

Company No. 14330857 · Incorporated 1 Sep 2022

Torkan CIC

Registered name: TORKAN CIC

Torkan CIC made £0 revenue and a £44.8k loss in the year to 30 Sep 2023.

Torkan CIC’s revenue was £0 in the year to 30 Sep 2023, with a loss of £44.8k and 0 employees. The company is classified under “other residential care activities” and is based in Borehamwood.

Full P&L filedSection Q · Human health and social workSIC 87900Other residential care activities n.e.c.

Status: Active
Location: Borehamwood, East of England
Age: 4 yrs · since 2022
Type: Community Interest Company

Latest accounts · year to 30 Sep 2023

Key figures

IndependentSmall team

Revenue

£0

Growth —

Profit

−£44.8k

Growth —

Profit margin

—

Employees

Change —

Profit / employee

—

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.

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to	30 Sep 2023
Disclosure	Full P&L
Profit & loss
Revenue (turnover)	£0
Cost of sales	£0
Gross profit	£0
Operating profit	−£44.8k
Profit before tax	−£44.8k
Profit after tax	−£44.8k
Profit (best available)	−£44.8k
Employees (average)	0
Ratios
Profit margin	—
Balance sheet — indirect signals, not revenue
Cash at bank	£0
Net assets	−£44.8k
Fixed assets	£0
Current assets	£0
Debtors	£0
Deferred income	£8.2k
Source	FullAccounts · bulk data May 2024

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; 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: —; 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 −£44.8k
Cash at bank: —; Now £0
Headcount: —; Now 0
Deferred income: —; Now £8.2k
Fixed assets: —; Now £0

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Sep 2023 (profit −£44.8k), from the Companies House accounts bulk data published May 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.