New Korea Education Centre CICDissolved
Registered name: NEW KOREA EDUCATION CENTRE CIC
New Korea Education Centre CIC made £42.3k revenue and £17.3k profit in the year to 30 Apr 2024.
New Korea Education Centre CIC’s revenue was £42.3k in the year to 30 Apr 2024, with £17.3k profit and 14 employees. 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 | 30 Apr 2024 |
|---|---|
| Disclosure | Full P&L |
| Profit & loss | |
| Revenue (turnover) | £42.3k |
| Cost of sales | £0 |
| Gross profit | £42.3k |
| Operating profit | £17.3k |
| Profit before tax | £17.3k |
| Profit after tax | £17.3k |
| Profit (best available) | £17.3k |
| Employees (average) | 14 |
| Ratios | |
| Profit margin | 40.8% |
| Gross margin | 100% |
| Revenue per employee | £3k |
| Profit per employee | £1.2k |
| Balance sheet — indirect signals, not revenue | |
| Cash at bank | £17.7k |
| Net assets | £17.3k |
| Fixed assets | £0 |
| Current assets | £17.7k |
| Debtors | £0 |
| Source | FullAccounts · bulk data Jan 2025 |
How the business works
- Profit margin
- 40.8%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £3k
- Revenue ÷ average employees.
- Profit per employee
- £1.2k
- 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 £17.3k
- Cash at bank
- —
- Now £17.7k
- Headcount
- —
- Now 14
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £0
Sources
Latest figures from FullAccounts for the year to 30 Apr 2024 (profit £17.3k), from the Companies House accounts bulk data published Jan 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.