Ground Workshop CICDissolved
Registered name: GROUND WORKSHOP CIC
Ground Workshop CIC made £2.8k revenue and a £7.9k loss in the year to 31 Dec 2024.
Ground Workshop CIC’s revenue fell 63% to £2.8k in the year to 31 Dec 2024, with a loss of £7.9k and 0 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 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £7.5k | £2.8k |
| Cost of sales | £6.4k | £10.7k |
| Gross profit | £1.1k | −£7.9k |
| Operating profit | −£43 | −£7.9k |
| Profit before tax | −£43 | −£7.9k |
| Profit after tax | −£43 | −£7.9k |
| Profit (best available) | −£43 | −£7.9k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | −0.6% | −284.5% |
| Gross margin | 14.9% | −284.5% |
| Growth (year on year) | ||
| Revenue growth | — | ▼63.1% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £8k | £104 |
| Net assets | −£43 | −£7.9k |
| Current assets | £8.5k | £104 |
| Debtors | £500 | — |
| Deferred income | £8.5k | — |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- −284.5%
- Profit ÷ revenue.
- Gross margin
- −284.5%
- 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
- —
- 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
- —
- Now −£7.9k
- Cash at bank
- ▼99%
- Now £104
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£7.9k), from the Companies House accounts bulk data published Sep 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.