Three Rings CIC
Registered name: THREE RINGS CIC
Three Rings CIC made £107k revenue and £18.1k profit in the year to 31 Mar 2025.
Three Rings CIC’s revenue grew 9% to £107k in the year to 31 Mar 2025, with £18.1k profit and 0 employees. The company is classified under “other information technology service activities” and is based in Witney; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Witney, South East
- Age
- 17 yrs · since 2009
- 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 Mar 2024 | 31 Mar 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £97.8k | £107k |
| Cost of sales | £0 | £0 |
| Gross profit | £97.8k | £107k |
| Operating profit | £39.9k | £22.1k |
| Profit before tax | £39.9k | £22.2k |
| Profit after tax | £32.3k | £18.1k |
| Profit (best available) | £32.3k | £18.1k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | 33.1% | 17% |
| Gross margin | 100% | 100% |
| Growth (year on year) | ||
| Revenue growth | — | ▲9.1% |
| Profit growth | — | ▼43.9% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £81.9k | £111k |
| Net assets | £38.6k | £64.8k |
| Fixed assets | £0 | £1.1k |
| Current assets | £93.4k | £119k |
| Debtors | £11.5k | £8k |
| Deferred income | £52.1k | £46.9k |
| Source | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2025 |
How the business works
- Profit margin
- 17%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 44%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.5%
- 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
- ▲68%
- Now £64.8k
- Cash at bank
- ▲36%
- Now £111k
- Headcount
- —
- Now 0
- Deferred income
- ▼10%
- Now £46.9k
- Fixed assets
- —
- Now £1.1k
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 Mar 2025 (profit £18.1k), from the Companies House accounts bulk data published Aug 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.