Life Tabernacle CIC
Registered name: LIFE TABERNACLE CIC
Life Tabernacle CIC made £374k revenue and £21.3k profit in the year to 31 Mar 2024.
Life Tabernacle CIC’s revenue was £374k in the year to 31 Mar 2024, with £21.3k profit and 4 employees. The company is classified under “other service activities” and is based in Leicester; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Leicester, East Midlands
- Age
- 11 yrs · since 2014
- 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 Dec 2022 | 31 Mar 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £237k | £374k |
| Cost of sales | £32k | £7.8k |
| Gross profit | £205k | £367k |
| Operating profit | −£52.4k | £32k |
| Profit before tax | −£77.4k | £21.3k |
| Profit after tax | −£77.4k | £21.3k |
| Profit (best available) | −£77.4k | £21.3k |
| Employees (average) | 2 | 4 |
| Ratios | ||
| Profit margin | −32.6% | 5.7% |
| Gross margin | 86.5% | 97.9% |
| Revenue per employee | £119k | £93.6k |
| Profit per employee | −£38.7k | £5.3k |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £16.3k | £8.6k |
| Net assets | −£114k | −£96.6k |
| Fixed assets | £408k | £379k |
| Current assets | £16.3k | £8.6k |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 5.7%
- Profit ÷ revenue.
- Gross margin
- 97.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £93.6k
- Revenue ÷ average employees.
- Profit per employee
- £5.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 101.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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 −£96.6k
- Cash at bank
- —
- Now £8.6k
- Headcount
- —
- Now 4
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £379k
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £21.3k), from the Companies House accounts bulk data published Dec 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.