Black Country Innovate C.I.C.
Registered name: BLACK COUNTRY INNOVATE C.I.C.
Black Country Innovate C.I.C. made £129k revenue and £1.2k profit in the year to 30 Apr 2025.
Black Country Innovate C.I.C.’s revenue grew 31% to £129k in the year to 30 Apr 2025, with £1.2k profit and 4 employees. The company is classified under “other education” and is based in Walsall; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Walsall, West Midlands
- Age
- 8 yrs · since 2018
- 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 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | No profit & loss | Profit & loss | Profit & loss | Profit & loss |
| Profit & loss | ||||
| Revenue (turnover) | — | £80.9k | £99k | £129k |
| Cost of sales | — | £21.2k | £31.2k | £26.8k |
| Gross profit | — | £59.7k | £67.8k | £102k |
| Operating profit | — | £250 | £1.2k | £1.5k |
| Profit before tax | — | £250 | £1.2k | £1.5k |
| Profit after tax | — | £179 | £983 | £1.2k |
| Profit (best available) | — | £179 | £983 | £1.2k |
| Employees (average) | 1 | 2 | 2 | 4 |
| Ratios | ||||
| Profit margin | — | 0.2% | 1% | 0.9% |
| Gross margin | — | 73.8% | 68.5% | 79.3% |
| Revenue per employee | — | £40.5k | £49.5k | £32.3k |
| Profit per employee | — | £90 | £492 | £298 |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲22.4% | ▲30.5% |
| Profit growth | — | — | ▲449.2% | ▲21.1% |
| Headcount growth | — | ▲100% | 0% | ▲100% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £17.8k | £31.5k | £24.5k | £18k |
| Net assets | £4.8k | £5k | £5.9k | £7.1k |
| Fixed assets | £630 | £504 | £403 | £322 |
| Current assets | £17.8k | £31.5k | £24.5k | £23.3k |
| Debtors | — | — | — | £5.4k |
| Deferred income | £8.5k | £16k | £10k | £11k |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 0.9%
- Profit ÷ revenue.
- Gross margin
- 79.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £32.3k
- Revenue ÷ average employees.
- Profit per employee
- £298
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 8.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.2%
- 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
- ▲20%
- Now £7.1k
- Cash at bank
- ▼27%
- Now £18k
- Headcount
- ▲100%
- Now 4
- Deferred income
- ▲10%
- Now £11k
- Fixed assets
- ▼20%
- Now £322
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 2025 (profit £1.2k), from the Companies House accounts bulk data published Apr 2026. Spotted an error? Request a correction.