How much does True North Odyssey CIC make?

True North Odyssey CIC reported revenue of £2.1k and a loss of £2.4k in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does True North Odyssey CIC have?

True North Odyssey CIC reported an average of 0 employees in the year to 31 Oct 2025.

Is True North Odyssey CIC profitable?

No — True North Odyssey CIC reported a loss of £2.4k in the year to 31 Oct 2025.

Company No. 16174800

True North Odyssey CICDissolved

Registered name: TRUE NORTH ODYSSEY CIC

True North Odyssey CIC made £2.1k revenue and a £2.4k loss in the year to 31 Oct 2025.

True North Odyssey CIC’s revenue was £2.1k in the year to 31 Oct 2025, with a loss of £2.4k and 0 employees. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Last filed accounts · year to 31 Oct 2025

Key figures

IndependentSmall team

Revenue

£2.1k

Growth —

Profit

−£2.4k

Growth —

Profit margin

−112.3%

Gross 28%

Employees

Change —

Profit / employee

—

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.

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2025
Disclosure	Full P&L
Profit & loss
Revenue (turnover)	£2.1k
Cost of sales	£1.5k
Gross profit	£596
Operating profit	−£2.4k
Profit before tax	−£2.4k
Profit after tax	−£2.4k
Profit (best available)	−£2.4k
Employees (average)	0
Ratios
Profit margin	−112.3%
Gross margin	28%
Balance sheet — indirect signals, not revenue
Cash at bank	£388
Net assets	−£2.4k
Current assets	£388
Deferred income	£200
Source	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −112.3%; Profit ÷ revenue.
Gross margin: 28%; 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: 9.4%; 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 −£2.4k
Cash at bank: —; Now £388
Headcount: —; Now 0
Deferred income: —; Now £200
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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit −£2.4k), from the Companies House accounts bulk data published Dec 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.