True Fair Eco Tourism CIC
Registered name: TRUE FAIR ECO TOURISM CIC
True Fair Eco Tourism CIC made £448k revenue and a £11.8k loss in the year to 31 Jan 2024.
True Fair Eco Tourism CIC’s revenue grew 36% to £448k in the year to 31 Jan 2024, with a loss of £11.8k and 0 employees. The company is classified under “cultural education” and is based in Melton Mowbray; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Melton Mowbray, East Midlands
- Age
- 14 yrs · since 2012
- 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 Jan 2022 | 31 Jan 2023 | 31 Jan 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £329k | £448k |
| Cost of sales | — | £0 | £0 |
| Gross profit | — | £329k | £448k |
| Operating profit | — | £9.3k | −£11.8k |
| Profit before tax | — | £9.3k | −£11.8k |
| Profit after tax | — | £9.3k | −£11.8k |
| Profit (best available) | — | £9.3k | −£11.8k |
| Employees (average) | 1 | 1 | 0 |
| Ratios | |||
| Profit margin | — | 2.8% | −2.6% |
| Gross margin | — | 100% | 100% |
| Revenue per employee | — | £329k | — |
| Profit per employee | — | £9.3k | — |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲36.1% |
| Profit growth | — | — | ▼227.2% |
| Headcount growth | — | 0% | ▼100% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £10.9k | £20.1k | £4.8k |
| Net assets | £1k | £1k | −£10.8k |
| Fixed assets | £0 | £0 | £0 |
| Current assets | £10.9k | £20.1k | £4.8k |
| Debtors | £0 | £0 | £0 |
| Deferred income | £0 | £0 | £0 |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2024 |
How the business works
- Profit margin
- −2.6%
- 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
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▼1179%
- Now −£10.8k
- Cash at bank
- ▼76%
- Now £4.8k
- Headcount
- ▼100%
- Now 0
- Deferred income
- —
- Now £0
- Fixed assets
- —
- Now £0
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 Jan 2024 (profit −£11.8k), from the Companies House accounts bulk data published Oct 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.