The Ubele Initiative C.I.C.
The principal activity of the company is The Ubele Initiative is a social enterprise that supports the development and growth of individuals, community-based groups and organisations through the delivery of intergenerational leadership initiatives, capacity support, enterprise and asset development. All income from grants, trading, commissions, donations and commercial programmes is applied towards the activities and objectives of the company.
Revenue
£3.0m
▲ +17.4% vs prior ~12m period
Profit after tax
-£103k
Margin -3.4%
Employees
17
– 0.0% vs prior ~12m period
Net assets
£79k
Total assets £1.6m
Financial history
Revenue by accounting period
2 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Mar 2024 | £3.0m | ▲ +17.4% | -£103k | 17 | £79k |
| 31 Mar 2023 | £2.6m | — | £69k | 17 | £181k |
Latest available figures
Period ending 31 Mar 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
These are the most recent accounts available to us; more recent accounts may exist at Companies House.
Profit & loss
- Revenue
- £3.0m
- Gross profit
- £3.0m
- Operating profit
- -£103k
- Profit before tax
- -£103k
- Profit after tax
- -£103k
Balance sheet
- Total assets
- £1.6m
- Cash
- £1.0m
- Total liabilities
- £1.5m
- Net assets
- £79k
- Revenue per employee
- £178k
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