Right Resolution CIC
Registered name: RIGHT RESOLUTION CIC
Right Resolution CIC made £134k revenue and a £2.8k loss in the year to 31 Aug 2023.
Right Resolution CIC’s revenue fell 2% to £134k in the year to 31 Aug 2023, with a loss of £2.8k and 6 employees. The company is classified under “other social work activities without accommodation” and is based in Northampton; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Northampton, East Midlands
- Age
- 19 yrs · since 2007
- 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 Aug 2022 | 31 Aug 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £136k | £134k |
| Cost of sales | £75.8k | £70.5k |
| Gross profit | £60.6k | £63.7k |
| Operating profit | £2.4k | −£2.8k |
| Profit before tax | £2.4k | −£2.8k |
| Profit after tax | £2.4k | −£2.8k |
| Profit (best available) | £2.4k | −£2.8k |
| Employees (average) | 6 | 6 |
| Ratios | ||
| Profit margin | 1.7% | −2.1% |
| Gross margin | 44.4% | 47.5% |
| Revenue per employee | £22.7k | £22.4k |
| Profit per employee | £393 | −£466 |
| Growth (year on year) | ||
| Revenue growth | — | ▼1.5% |
| Profit growth | — | ▼218.8% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £115k | £156k |
| Net assets | £3.1k | £345 |
| Fixed assets | £0 | £1.1k |
| Current assets | £115k | £156k |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 |
How the business works
- Profit margin
- −2.1%
- Profit ÷ revenue.
- Gross margin
- 47.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £22.4k
- Revenue ÷ average employees.
- Profit per employee
- −£466
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▼89%
- Now £345
- Cash at bank
- ▲35%
- Now £156k
- Headcount
- 0%
- Now 6
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £1.1k
Similar profitable businesses
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- Profit
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Aug 2023 (profit −£2.8k), 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.