How much does Cumbria Rural Academy CIC make?

Cumbria Rural Academy CIC reported revenue of £265k and a loss of £54.7k in the year to 28 Feb 2023, according to its accounts filed at Companies House.

How many employees does Cumbria Rural Academy CIC have?

Cumbria Rural Academy CIC reported an average of 12 employees in the year to 28 Feb 2023.

Is Cumbria Rural Academy CIC profitable?

No — Cumbria Rural Academy CIC reported a loss of £54.7k in the year to 28 Feb 2023.

Company No. 06830456 · Incorporated 26 Feb 2009

Cumbria Rural Academy CIC

Registered name: CUMBRIA RURAL ACADEMY CIC

Cumbria Rural Academy CIC made £265k revenue and a £54.7k loss in the year to 28 Feb 2023.

Cumbria Rural Academy CIC’s revenue fell 7% to £265k in the year to 28 Feb 2023, with a loss of £54.7k and 12 employees. The company is classified under “sports and recreation education” and is based in Ulverston; we hold 2 years of its filed accounts.

Full P&L filedSection P · EducationSIC 85510Sports and recreation education SIC 85590Other education n.e.c.

Status: Active
Location: Ulverston, North West
Age: 17 yrs · since 2009
Type: Community Interest Company

Latest accounts · year to 28 Feb 2023

Key figures

IndependentCapital-light

Revenue

£265k

Growth ▼6.9%

Profit

−£54.7k

Growth ▼230.4%

Profit margin

−20.7%

Gross 81%

Employees

Change ▼7.7%

Profit / employee

−£4.6k

Revenue/employee £22.1k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	28 Feb 2022	28 Feb 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£284k	£265k
Cost of sales	£35.9k	£50.3k
Gross profit	£248k	£214k
Operating profit	£53.8k	−£57k
Profit before tax	£52k	−£54.7k
Profit after tax	£42k	−£54.7k
Profit (best available)	£42k	−£54.7k
Employees (average)	13	12
Ratios
Profit margin	14.8%	−20.7%
Gross margin	87.4%	81%
Revenue per employee	£21.9k	£22.1k
Profit per employee	£3.2k	−£4.6k
Growth (year on year)
Revenue growth	—	▼6.9%
Profit growth	—	▼230.4%
Headcount growth	—	▼7.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.8k	£2.4k
Net assets	−£14.5k	−£69.3k
Fixed assets	£1.1k	£730
Current assets	£79.2k	£72.8k
Debtors	£0	£3.3k
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024

Derived from the latest filing

How the business works

Profit margin: −20.7%; Profit ÷ revenue.
Gross margin: 81%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £22.1k; Revenue ÷ average employees.
Profit per employee: −£4.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.3%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: —; Now −£69.3k
Cash at bank: ▼50%; Now £2.4k
Headcount: ▼8%; Now 12
Deferred income: —; Now —
Fixed assets: ▼35%; Now £730

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 28 Feb 2023 (profit −£54.7k), 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.