Factcheckni CIC
Registered name: FACTCHECKNI CIC
Factcheckni CIC made £83.3k revenue and a £1.3k loss in the year to 30 Apr 2023.
Factcheckni CIC’s revenue fell 30% to £83.3k in the year to 30 Apr 2023, with a loss of £1.3k and 0 employees. The company is classified under “research and experimental development on social sciences and humanities” and is based in Belfast; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Belfast, Northern Ireland
- Age
- 7 yrs · since 2019
- Type
- Community Interest Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £118k | £83.3k |
| Cost of sales | £114k | £78.7k |
| Gross profit | £4.6k | £4.5k |
| Operating profit | −£1.9k | −£1.3k |
| Profit before tax | −£1.9k | −£1.3k |
| Profit after tax | −£1.9k | −£1.3k |
| Profit (best available) | −£1.9k | −£1.3k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | −1.6% | −1.5% |
| Gross margin | 3.9% | 5.4% |
| Growth (year on year) | ||
| Revenue growth | — | ▼29.5% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £58.8k | £35k |
| Net assets | −£634 | −£1.9k |
| Current assets | £59k | £35k |
| Debtors | £200 | £0 |
| Deferred income | £59.6k | £36.9k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 |
How the business works
- Profit margin
- −1.5%
- Profit ÷ revenue.
- Gross margin
- 5.4%
- 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
- 44.3%
- 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 −£1.9k
- Cash at bank
- ▼40%
- Now £35k
- Headcount
- —
- Now 0
- Deferred income
- ▼38%
- Now £36.9k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2023 (profit −£1.3k), from the Companies House accounts bulk data published Dec 2023. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.