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Company No. 15820798 · Incorporated 5 Jul 2024

Asaga Development Union CIC

Registered name: ASAGA DEVELOPMENT UNION CIC

Asaga Development Union CIC made £624 revenue and £24 profit in the year to 31 Jul 2025.

Asaga Development Union CIC’s revenue was £624 in the year to 31 Jul 2025, with £24 profit and 0 employees. The company is classified under “other business support service activities” and is based in London.

Status
Active
Location
London, London
Age
2 yrs · since 2024
Type
Community Interest Company
Latest accounts · year to 31 Jul 2025

Key figures

IndependentSmall teamYoung and profitable
Revenue
£624
Growth —
Profit
£24
Growth —
Profit margin
3.9%
Gross 3.9%
Employees
0
Change —
Profit / employee
—
 
Profitable streak
1yr
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 to31 Jul 2025
DisclosureFull P&L
Profit & loss
Revenue (turnover)£624
Cost of sales£600
Gross profit£24
Operating profit£24
Profit before tax£24
Profit after tax£24
Profit (best available)£24
Employees (average)0
Ratios
Profit margin3.9%
Gross margin3.9%
Balance sheet — indirect signals, not revenue
Cash at bank£624
Net assets£24
Current assets£624
Deferred income£600
SourceFullAccounts · bulk data May 2026
Derived from the latest filing

How the business works

Profit margin
3.9%
Profit ÷ revenue.
Gross margin
3.9%
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
96.2%
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 £24
Cash at bank
—
Now £624
Headcount
—
Now 0
Deferred income
—
Now £600
Fixed assets
—
Now —

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 31 Jul 2025 (profit £24), from the Companies House accounts bulk data published May 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.