Redwing Contemporary Art C.I.C.
Registered name: REDWING CONTEMPORARY ART C.I.C.
Redwing Contemporary Art C.I.C. made £57.4k revenue and £3.9k profit in the year to 2 Apr 2025.
Redwing Contemporary Art C.I.C.’s revenue grew 252% to £57.4k in the year to 2 Apr 2025, with £3.9k profit and 2 employees. The company is classified under “operation of arts facilities” and is based in Penzance; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Penzance, South West
- Age
- 14 yrs · since 2011
- 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 | 2 Apr 2024 | 2 Apr 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £16.3k | £57.4k |
| Cost of sales | £19.4k | £24.2k |
| Gross profit | −£3.1k | £33.2k |
| Operating profit | −£962 | £3.9k |
| Profit before tax | −£962 | £3.9k |
| Profit after tax | −£962 | £3.9k |
| Profit (best available) | −£962 | £3.9k |
| Employees (average) | 2 | 2 |
| Ratios | ||
| Profit margin | −5.9% | 6.7% |
| Gross margin | −19.3% | 57.9% |
| Revenue per employee | £8.2k | £28.7k |
| Profit per employee | −£481 | £1.9k |
| Growth (year on year) | ||
| Revenue growth | — | ▲252% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £5.2k | £21.8k |
| Net assets | £24.3k | £28.1k |
| Fixed assets | £12.8k | £25.5k |
| Current assets | £29.4k | £31.6k |
| Debtors | £100 | £50 |
| Deferred income | £3.8k | £10.5k |
| Source | FullAccounts · bulk data Apr 2026 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 6.7%
- Profit ÷ revenue.
- Gross margin
- 57.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £28.7k
- Revenue ÷ average employees.
- Profit per employee
- £1.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 44.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 18.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.1%
- 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
- ▲16%
- Now £28.1k
- Cash at bank
- ▲323%
- Now £21.8k
- Headcount
- 0%
- Now 2
- Deferred income
- ▲178%
- Now £10.5k
- Fixed assets
- ▲99%
- Now £25.5k
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 2 Apr 2025 (profit £3.9k), from the Companies House accounts bulk data published Apr 2026. 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.