Trusty Steed C.I.C.
Registered name: TRUSTY STEED C.I.C.
Trusty Steed C.I.C. made £237k revenue and £19.5k profit in the year to 31 Jul 2025.
Trusty Steed C.I.C.’s revenue grew 13% to £237k in the year to 31 Jul 2025, with £19.5k profit and 8 employees. The company is classified under “retail sale of sports goods, fishing gear, camping goods, boats and bicycles” and is based in Nottingham; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Nottingham, East Midlands
- Age
- 13 yrs · since 2013
- 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 Jul 2023 | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £188k | £209k | £237k |
| Cost of sales | £38.2k | £42.4k | £39.7k |
| Gross profit | £150k | £167k | £197k |
| Operating profit | −£12.9k | −£4k | £19.5k |
| Profit before tax | −£16.5k | −£7.5k | £19.5k |
| Profit after tax | −£16.5k | −£7.5k | £19.5k |
| Profit (best available) | −£16.5k | −£7.5k | £19.5k |
| Employees (average) | 7 | 7 | 8 |
| Ratios | |||
| Profit margin | −8.8% | −3.6% | 8.3% |
| Gross margin | 79.7% | 79.8% | 83.2% |
| Revenue per employee | £26.8k | £29.9k | £29.6k |
| Profit per employee | −£2.4k | −£1.1k | £2.4k |
| Growth (year on year) | |||
| Revenue growth | — | ▲11.5% | ▲13.1% |
| Headcount growth | — | 0% | ▲14.3% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | — | £3.3k | £1.5k |
| Net assets | −£21.4k | −£28.9k | −£9.3k |
| Fixed assets | £1.5k | £1.1k | £268 |
| Current assets | £17.2k | £12.9k | £24.5k |
| Debtors | £11.3k | £5.5k | £13.9k |
| Deferred income | — | £12.8k | £4.7k |
| Source | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 8.3%
- Profit ÷ revenue.
- Gross margin
- 83.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £29.6k
- Revenue ÷ average employees.
- Profit per employee
- £2.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5.9%
- 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
- —
- Now −£9.3k
- Cash at bank
- ▼55%
- Now £1.5k
- Headcount
- ▲14%
- Now 8
- Deferred income
- ▼63%
- Now £4.7k
- Fixed assets
- ▼76%
- Now £268
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 Jul 2025 (profit £19.5k), from the Companies House accounts bulk data published Mar 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.