Community Resources (Devon) CIC
Registered name: COMMUNITY RESOURCES (DEVON) CIC
Community Resources (Devon) CIC made £196k revenue and a £2.7k loss in the year to 31 Dec 2024.
Community Resources (Devon) CIC’s revenue fell 12% to £196k in the year to 31 Dec 2024, with a loss of £2.7k and 7 employees. The company is classified under “other social work activities without accommodation” and is based in Ilfracombe; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Ilfracombe, South West
- Age
- 20 yrs · since 2005
- 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 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £222k | £196k |
| Gross profit | £222k | £196k |
| Operating profit | £4.2k | −£2.7k |
| Profit before tax | £4.2k | −£2.7k |
| Profit after tax | £2.7k | −£2.7k |
| Profit (best available) | £2.7k | −£2.7k |
| Employees (average) | 9 | 7 |
| Ratios | ||
| Profit margin | 1.2% | −1.4% |
| Gross margin | 100% | 100% |
| Revenue per employee | £24.6k | £28k |
| Profit per employee | £296 | −£382 |
| Growth (year on year) | ||
| Revenue growth | — | ▼11.6% |
| Profit growth | — | ▼200.5% |
| Headcount growth | — | ▼22.2% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £33.2k | £28.2k |
| Net assets | £20.4k | £17.8k |
| Fixed assets | £14.8k | £11.5k |
| Current assets | £40k | £31.7k |
| Debtors | £5.5k | £2.3k |
| Deferred income | £2.8k | £2.5k |
| Source | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- −1.4%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £28k
- Revenue ÷ average employees.
- Profit per employee
- −£382
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.2%
- 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
- ▼13%
- Now £17.8k
- Cash at bank
- ▼15%
- Now £28.2k
- Headcount
- ▼22%
- Now 7
- Deferred income
- ▼11%
- Now £2.5k
- Fixed assets
- ▼22%
- Now £11.5k
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 31 Dec 2024 (profit −£2.7k), from the Companies House accounts bulk data published Sep 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.