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Company No. 15307748 · Incorporated 24 Nov 2023

Wax Atelier Labs CIC

Registered name: WAX ATELIER LABS CIC

Wax Atelier Labs CIC made £2.8k revenue and a £6.3k loss in the year to 30 Nov 2025.

Wax Atelier Labs CIC’s revenue fell 88% to £2.8k in the year to 30 Nov 2025, with a loss of £6.3k and 1 employee. The company is classified under “specialised design activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74100specialised design activitiesSIC 85590Other education n.e.c.
Status
Active
Location
London, London
Age
2 yrs · since 2023
Type
Community Interest Company
Latest accounts · year to 30 Nov 2025

Key figures

IndependentSmall team
Revenue
£2.8k
Growth ▼88.3%
Profit
−£6.3k
Growth ▼1826%
Profit margin
−223.5%
Gross 60.8%
Employees
1
Change 0%
Profit / employee
−£6.3k
Revenue/employee £2.8k
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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Nov 202430 Nov 2025
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£24k£2.8k
Cost of sales£14k£1.1k
Gross profit£10k£1.7k
Operating profit£363−£6.3k
Profit before tax£363−£6.3k
Profit after tax£363−£6.3k
Profit (best available)£363−£6.3k
Employees (average)11
Ratios
Profit margin1.5%−223.5%
Gross margin41.5%60.8%
Revenue per employee£24k£2.8k
Profit per employee£363−£6.3k
Growth (year on year)
Revenue growth—▼88.3%
Profit growth—▼1826%
Headcount growth—0%
Balance sheet — indirect signals, not revenue
Cash at bank£13k£8.5k
Net assets£363−£5.9k
Fixed assets£3.6k£2.4k
Current assets£13k£8.5k
Deferred income£16k£16k
SourceFullAccounts · bulk data Aug 2026FullAccounts · bulk data Aug 2026
Derived from the latest filing

How the business works

Profit margin
−223.5%
Profit ÷ revenue.
Gross margin
60.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£2.8k
Revenue ÷ average employees.
Profit per employee
−£6.3k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
85.9%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
571.5%
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
▼1726%
Now −£5.9k
Cash at bank
▼35%
Now £8.5k
Headcount
0%
Now 1
Deferred income
0%
Now £16k
Fixed assets
▼33%
Now £2.4k

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

Sources

Latest figures from FullAccounts for the year to 30 Nov 2025 (profit −£6.3k), from the Companies House accounts bulk data published Aug 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.