Mind Turning CICDissolved
Registered name: MIND TURNING CIC
Mind Turning CIC made £0 revenue and £32 profit in the year to 31 Dec 2024.
Mind Turning CIC’s revenue fell 100% to £0 in the year to 31 Dec 2024, with £32 profit and 0 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £53 | £0 |
| Cost of sales | £120 | £0 |
| Gross profit | −£67 | £0 |
| Operating profit | £52 | £32 |
| Profit before tax | £52 | £32 |
| Profit after tax | £42 | £32 |
| Profit (best available) | £42 | £32 |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | 79.3% | — |
| Gross margin | −126.4% | — |
| Growth (year on year) | ||
| Revenue growth | — | ▼100% |
| Profit growth | — | ▼23.8% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £0 | £31 |
| Fixed assets | £0 | £0 |
| Current assets | £63 | £31 |
| Debtors | £10 | £10 |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- 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
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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 £31
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £0
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £32), from the Companies House accounts bulk data published Nov 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.