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Company No. 16440080 · Incorporated 9 May 2025

Afroganic C.I.C.

Registered name: AFROGANIC C.I.C.

Afroganic C.I.C. made £59k revenue and £14.4k profit in the year to 31 May 2026.

Afroganic C.I.C.’s revenue was £59k in the year to 31 May 2026, with £14.4k profit and 2 employees. The company is classified under “residential care activities for learning difficulties, mental health and substance abuse” and is based in Manchester.

Status
Active
Location
Manchester, North West
Age
1 yr · since 2025
Type
Community Interest Company
Latest accounts · year to 31 May 2026

Key figures

IndependentSmall teamYoung and profitable
Revenue
£59k
Growth —
Profit
£14.4k
Growth —
Profit margin
24.5%
Gross 21.6%
Employees
2
Change —
Profit / employee
£7.2k
Revenue/employee £29.5k
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 May 2026
DisclosureFull P&L
Profit & loss
Revenue (turnover)£59k
Cost of sales£46.3k
Gross profit£12.8k
Operating profit£14.4k
Profit before tax£14.4k
Profit after tax£14.4k
Profit (best available)£14.4k
Employees (average)2
Ratios
Profit margin24.5%
Gross margin21.6%
Revenue per employee£29.5k
Profit per employee£7.2k
Balance sheet — indirect signals, not revenue
Cash at bank£300
Net assets£112k
Fixed assets£89k
Current assets£34.8k
Debtors£10.5k
Deferred income£0
SourceFullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
24.5%
Profit ÷ revenue.
Gross margin
21.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£29.5k
Revenue ÷ average employees.
Profit per employee
£7.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
150.8%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
17.8%
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 £112k
Cash at bank
—
Now £300
Headcount
—
Now 2
Deferred income
—
Now £0
Fixed assets
—
Now £89k

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

Corporate ownership

Group structure

Minority corporate shareholders

  • Ensemble Manchester (registered outside the UK register)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 May 2026 (profit £14.4k), from the Companies House accounts bulk data published Sep 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.