Good Lad Initiative CIC
Registered name: GOOD LAD INITIATIVE CIC
Good Lad Initiative CIC made £0 revenue and a £997 loss in the year to 30 Apr 2025.
Good Lad Initiative CIC’s revenue was £0 in the year to 30 Apr 2025, with a loss of £997 and 0 employees. The company is classified under “other education” and is based in Budleigh Salterton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Budleigh Salterton, South West
- Age
- 11 yrs · since 2015
- 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 | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £65.5k | £0 | £0 | £0 |
| Gross profit | £65.5k | £0 | £0 | £0 |
| Operating profit | −£14.3k | −£108 | −£63 | −£395 |
| Profit before tax | −£14.3k | −£1.3k | −£909 | −£997 |
| Profit after tax | −£14.3k | −£1.3k | −£909 | −£997 |
| Profit (best available) | −£14.3k | −£1.3k | −£909 | −£997 |
| Employees (average) | 7 | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | −21.9% | — | — | — |
| Gross margin | 100% | — | — | — |
| Revenue per employee | £9.4k | — | — | — |
| Profit per employee | −£2k | — | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▼100% | — | — |
| Headcount growth | — | ▼100% | — | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £12k | £927 | £927 | £8.5k |
| Net assets | −£45.3k | −£46.6k | −£47.6k | −£48.5k |
| Current assets | £41.3k | £927 | £927 | £8.5k |
| Debtors | £29.2k | £0 | — | — |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- 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
- —
- 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 −£48.5k
- Cash at bank
- ▲821%
- Now £8.5k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Minority corporate shareholders
- Beyond Equality Cio (registered outside the UK register)
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit −£997), from the Companies House accounts bulk data published Jan 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.