How much does Adapt for Arts CIC make?

Adapt for Arts CIC reported revenue of £48.7k and a loss of £8.5k in the year to 30 Apr 2024, according to its accounts filed at Companies House.

How many employees does Adapt for Arts CIC have?

Adapt for Arts CIC reported an average of 2 employees in the year to 30 Apr 2024.

Is Adapt for Arts CIC profitable?

No — Adapt for Arts CIC reported a loss of £8.5k in the year to 30 Apr 2024.

Company No. 09560985 · Incorporated 25 Apr 2015

Adapt for Arts CIC

Registered name: ADAPT FOR ARTS CIC

Adapt for Arts CIC made £48.7k revenue and a £8.5k loss in the year to 30 Apr 2024.

Adapt for Arts CIC’s revenue fell 56% to £48.7k in the year to 30 Apr 2024, with a loss of £8.5k and 2 employees. The company is classified under “management consultancy activities other than financial management” and is based in Manchester; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 70229Management consultancy activities other than financial management

Status: Active
Location: Manchester, North West
Age: 11 yrs · since 2015
Type: Community Interest Company

Latest accounts · year to 30 Apr 2024

Key figures

IndependentSmall team

Revenue

£48.7k

Growth ▼56.3%

Profit

−£8.5k

Growth ▼203.8%

Profit margin

−17.4%

Gross 100%

Employees

Change 0%

Profit / employee

−£4.2k

Revenue/employee £24.3k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Apr 2022	30 Apr 2023	30 Apr 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£70.8k	£111k	£48.7k
Gross profit	£70.8k	£111k	£48.7k
Operating profit	−£3.9k	£10.1k	−£8.4k
Profit before tax	−£3.9k	£10.1k	−£8.5k
Profit after tax	−£3.9k	£8.2k	−£8.5k
Profit (best available)	−£3.9k	£8.2k	−£8.5k
Employees (average)	2	2	2
Ratios
Profit margin	−5.6%	7.3%	−17.4%
Gross margin	100%	100%	100%
Revenue per employee	£35.4k	£55.7k	£24.3k
Profit per employee	−£2k	£4.1k	−£4.2k
Growth (year on year)
Revenue growth	—	▲57.4%	▼56.3%
Profit growth	—	—	▼203.8%
Headcount growth	—	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£14.6k	£2k	£16.2k
Net assets	£15.5k	£23.7k	£15k
Current assets	£18.2k	£29.3k	£17k
Debtors	£3.2k	£24.1k	£510
Deferred income	£600	£600	—
Source	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2024

Derived from the latest filing

How the business works

Profit margin: −17.4%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £24.3k; Revenue ÷ average employees.
Profit per employee: −£4.2k; 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: 1.1%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▼37%; Now £15k
Cash at bank: ▲729%; Now £16.2k
Headcount: 0%; Now 2
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Apr 2024 (profit −£8.5k), from the Companies House accounts bulk data published Nov 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.