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MINDSEYE DEVELOPMENT CIC Financials

Company number
13501434Copy
Copy
Registered office
7 Beardmore Road, Sutton Coldfield B72 1DE
Incorporated
08/07/2021

Company snapshot

Status
Active
Employees
3 (2026)
Latest financial data
2026
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2024–2026.

Net Assets

£4.30K2026
-73.62%vs 2025

2025: £16.31K

Total Assets

£11.16K2026
-81.42%vs 2025

2025: £60.03K

Cash in Bank

£4.85K2026
-90.86%vs 2025

2025: £53.01K

Total Liabilities

£3.70K2026
-90.80%vs 2025

2025: £40.21K

Employees

32026
-1vs 2025

2025: 4

In 2026, MINDSEYE DEVELOPMENT CIC reported net assets of £4.30K. The same filing shows total assets of £11.16K, cash in bank of £4.85K and total liabilities of £3.70K. Reported headcount was 3 in 2026. Total Assets fell from £60.03K in 2025 to £11.16K in 2026 (-81.42%). Okredo holds filed figures for 2024–2026; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£4.30K2026
-73.62%from £16.31K in 2025

Year-on-year change

Net Assets as filed for 2024–2026. Every figure in this chart is also in the financial history table.

3-year financial trend (2024–2026)

How the figures MINDSEYE DEVELOPMENT CIC filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.

Net Assets

£14.61K2024£4.30K2026
-70.5%vs 2024

-45.7% a year compound (CAGR)

Cash in Bank

£33.25K2024£4.85K2026
-85.4%vs 2024

-61.8% a year compound (CAGR)

Total Assets

£40.97K2024£11.16K2026
-72.8%vs 2024

-47.8% a year compound (CAGR)

Total Liabilities

£22.50K2024£3.70K2026
-83.6%vs 2024

-59.4% a year compound (CAGR)

Employees

3202432026
0%vs 2024

Biggest decrease

Cash in Bank-85.4%

£33.25K in 2024 to £4.85K in 2026

Every measure that changed in MINDSEYE DEVELOPMENT CIC's filings between 2024 and 2026 fell. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets and total liabilities falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MINDSEYE DEVELOPMENT CIC's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
38.58%2026
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
33.18%2026
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Cash to liabilities
130.96%2026
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
43.45%2026
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Revenue per employee
£32.24K2026
Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for MINDSEYE DEVELOPMENT CIC by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202420252026
Net Assets£14.61K16.31K4.30K
Total Assets£40.97K60.03K11.16K
Cash in Bank£33.25K53.01K4.85K
Total Liabilities£22.50K40.21K3.70K
Employees343

MINDSEYE DEVELOPMENT CIC financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for MINDSEYE DEVELOPMENT CIC covering 2024–2026, across 5 reported indicators. The most recent reported year is 2026.

MINDSEYE DEVELOPMENT CIC reported net assets of £4.30K for 2026. That compares with £16.31K in 2025, a change of -73.62%.

MINDSEYE DEVELOPMENT CIC reported total assets of £11.16K for 2026. That compares with £60.03K in 2025, a change of -81.42%.

MINDSEYE DEVELOPMENT CIC reported cash in bank of £4.85K for 2026. That compares with £53.01K in 2025, a change of -90.86%.

MINDSEYE DEVELOPMENT CIC reported 3 employees in 2026, compared with 4 in 2025.

Between 2024 and 2026, MINDSEYE DEVELOPMENT CIC's net assets fell by 70.5%, cash in bank fell by 85.4%, total assets fell by 72.8% and total liabilities fell by 83.6%. Net assets contracted at 45.7% a year across the two years to 2026, from £14.61K to £4.30K. Reported headcount went from 3 in 2024 to 3 in 2026.

Okredo holds reported figures for the years 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.