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Company No. 08584240 · Incorporated 25 Jun 2013

Babbasa Youth Empowerment Projects C.I.C.

Registered name: BABBASA YOUTH EMPOWERMENT PROJECTS C.I.C.

Babbasa Youth Empowerment Projects C.I.C. made £913k revenue and £112k profit in the year to 31 Oct 2023.

Babbasa Youth Empowerment Projects C.I.C.’s revenue grew 65% to £913k in the year to 31 Oct 2023, with £112k profit and 19 employees. The company is classified under “other social work activities without accommodation” and is based in Bristol; we hold 2 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 88990Other social work activities without accommodation n.e.c.
Status
Active
Location
Bristol, South West
Age
13 yrs · since 2013
Type
Community Interest Company
Latest accounts · year to 31 Oct 2023

Key figures

IndependentCapital-lightOperating leverage
Revenue
£913k
Growth ▲65%
Profit
£112k
Growth ▲577.4%
Profit margin
12.3%
Gross 35.4%
Employees
19
Change ▲11.8%
Profit / employee
£5.9k
Revenue/employee £48k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Oct 202231 Oct 2023
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£553k£913k
Cost of sales£293k£589k
Gross profit£260k£323k
Operating profit£17.5k£112k
Profit before tax£17.5k£112k
Profit after tax£16.5k£112k
Profit (best available)£16.5k£112k
Employees (average)1719
Ratios
Profit margin3%12.3%
Gross margin46.9%35.4%
Revenue per employee£32.5k£48k
Profit per employee£973£5.9k
Growth (year on year)
Revenue growth—▲65%
Profit growth—▲577.4%
Headcount growth—▲11.8%
Balance sheet — indirect signals, not revenue
Cash at bank£192k£257k
Net assets£85.8k£198k
Fixed assets£12.7k£17k
Current assets£229k£330k
Debtors£36.2k£73.6k
Deferred income£89.9k£90.3k
SourceFullAccounts · bulk data May 2024FullAccounts · bulk data May 2024
Derived from the latest filing

How the business works

Profit margin
12.3%
Profit ÷ revenue.
Gross margin
35.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£48k
Revenue ÷ average employees.
Profit per employee
£5.9k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1.9%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
9.9%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
8.1%
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
▲131%
Now £198k
Cash at bank
▲33%
Now £257k
Headcount
▲12%
Now 19
Deferred income
▲0%
Now £90.3k
Fixed assets
▲34%
Now £17k

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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2023 (profit £112k), from the Companies House accounts bulk data published May 2024. 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.