Waterloo Sunrise CIC
Registered name: WATERLOO SUNRISE CIC
Waterloo Sunrise CIC made £19.1k revenue and a £1.1k loss in the year to 27 Feb 2024.
Waterloo Sunrise CIC’s revenue fell 39% to £19.1k in the year to 27 Feb 2024, with a loss of £1.1k and 0 employees. The company is classified under “artistic creation” and is based in Coventry; we hold 3 years of its filed accounts.
- Status
- Liquidation
- Location
- Coventry, West Midlands
- Age
- 10 yrs · since 2016
- 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 | 27 Feb 2022 | 27 Feb 2023 | 27 Feb 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £22.9k | £31.3k | £19.1k |
| Cost of sales | £16.7k | £23.4k | £12.5k |
| Gross profit | £6.2k | £7.9k | £6.6k |
| Operating profit | −£2k | £1.1k | −£1.1k |
| Profit before tax | −£2k | £1.1k | −£1.1k |
| Profit after tax | −£2k | £1.1k | −£1.1k |
| Profit (best available) | −£2k | £1.1k | −£1.1k |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | −8.9% | 3.6% | −5.6% |
| Gross margin | 27% | 25.2% | 34.7% |
| Growth (year on year) | |||
| Revenue growth | — | ▲36.6% | ▼39.1% |
| Profit growth | — | — | ▼194.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2k | £6k | £20.3k |
| Net assets | −£7.4k | −£6.3k | −£7.4k |
| Fixed assets | £347 | £278 | £452 |
| Current assets | £2k | £6.7k | £20.4k |
| Debtors | — | £728 | £145 |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2024 |
How the business works
- Profit margin
- −5.6%
- Profit ÷ revenue.
- Gross margin
- 34.7%
- 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
- 2.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.8%
- 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 −£7.4k
- Cash at bank
- ▲239%
- Now £20.3k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▲63%
- Now £452
Sources
Latest figures from FullAccounts for the year to 27 Feb 2024 (profit −£1.1k), from the Companies House accounts bulk data published Oct 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.