Changing Arrows CIC
Registered name: CHANGING ARROWS CIC
Changing Arrows CIC made £19.3k revenue and a £515 loss in the year to 31 Oct 2023.
Changing Arrows CIC’s revenue fell 4% to £19.3k in the year to 31 Oct 2023, with a loss of £515 and 2 employees. The company is classified under “other social work activities without accommodation” and is based in Reading; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Reading, South East
- 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 Oct 2022 | 31 Oct 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £20.2k | £19.3k |
| Gross profit | £20.2k | £19.3k |
| Operating profit | −£361 | −£515 |
| Profit before tax | −£361 | −£515 |
| Profit after tax | −£361 | −£515 |
| Profit (best available) | −£361 | −£515 |
| Employees (average) | 2 | 2 |
| Ratios | ||
| Profit margin | −1.8% | −2.7% |
| Gross margin | 100% | 100% |
| Revenue per employee | £10.1k | £9.6k |
| Profit per employee | −£180 | −£258 |
| Growth (year on year) | ||
| Revenue growth | — | ▼4.4% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £507 | £521 |
| Net assets | £2.4k | £1.9k |
| Fixed assets | £505 | £386 |
| Current assets | £2.2k | £1.8k |
| Debtors | £1.7k | £1.3k |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 |
How the business works
- Profit margin
- −2.7%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £9.6k
- Revenue ÷ average employees.
- Profit per employee
- −£258
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6.6%
- 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
- ▼21%
- Now £1.9k
- Cash at bank
- ▲3%
- Now £521
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- ▼24%
- Now £386
Sources
Latest figures from FullAccounts for the year to 31 Oct 2023 (profit −£515), from the Companies House accounts bulk data published Jul 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.