We Are Able CIC
Registered name: WE ARE ABLE CIC
We Are Able CIC made £3.8k revenue and £1.7k profit in the year to 30 Apr 2025.
We Are Able CIC’s revenue fell 99% to £3.8k in the year to 30 Apr 2025, with £1.7k profit and 1 employee. The company is classified under “educational support services” and is based in Oldbury; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Oldbury, West Midlands
- Age
- 3 yrs · since 2023
- 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 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £608k | £3.8k |
| Cost of sales | £625k | £0 |
| Gross profit | −£17.5k | £3.8k |
| Operating profit | −£17.5k | £2.1k |
| Profit before tax | −£17.5k | £2.1k |
| Profit after tax | −£17.5k | £1.7k |
| Profit (best available) | −£17.5k | £1.7k |
| Employees (average) | 2 | 1 |
| Ratios | ||
| Profit margin | −2.9% | 45.2% |
| Gross margin | −2.9% | 100% |
| Revenue per employee | £304k | £3.8k |
| Profit per employee | −£8.8k | £1.7k |
| Growth (year on year) | ||
| Revenue growth | — | ▼99.4% |
| Headcount growth | — | ▼50% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £0 | £2.1k |
| Net assets | £0 | £2.1k |
| Fixed assets | £0 | £0 |
| Current assets | £0 | £2.1k |
| Debtors | £0 | £0 |
| Source | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 45.2%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £3.8k
- Revenue ÷ average employees.
- Profit per employee
- £1.7k
- 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
- —
- Now £2.1k
- Cash at bank
- —
- Now £2.1k
- Headcount
- ▼50%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £0
Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £1.7k), from the Companies House accounts bulk data published Mar 2026. 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.