Bthechange C.I.C.
Registered name: BTHECHANGE C.I.C.
Bthechange C.I.C. made £51.9k revenue and a £47.9k loss in the year to 28 Aug 2023.
Bthechange C.I.C.’s revenue fell 61% to £51.9k in the year to 28 Aug 2023, with a loss of £47.9k and 11 employees. The company is classified under “physical well-being activities” and is based in Exeter; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Exeter, South West
- 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 | 31 Aug 2021 | 30 Aug 2022 | 28 Aug 2023 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £135k | £51.9k |
| Cost of sales | — | £150k | £156k |
| Gross profit | — | −£15.8k | −£105k |
| Operating profit | — | £15k | −£47.9k |
| Profit before tax | — | £15k | −£47.9k |
| Profit after tax | — | £15k | −£47.9k |
| Profit (best available) | — | £15k | −£47.9k |
| Employees (average) | 9 | 9 | 11 |
| Ratios | |||
| Profit margin | — | 11.1% | −92.4% |
| Gross margin | — | −11.8% | −201.6% |
| Revenue per employee | — | £14.9k | £4.7k |
| Profit per employee | — | £1.7k | −£4.4k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼61.5% |
| Profit growth | — | — | ▼420.3% |
| Headcount growth | — | 0% | ▲22.2% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £5 | £5 | £1.4k |
| Net assets | £17.4k | £17.4k | −£15.6k |
| Fixed assets | £8.4k | £8.4k | £6.7k |
| Current assets | £20.2k | £20.2k | £30.9k |
| Debtors | £20.2k | £0 | £0 |
| Deferred income | £479 | £479 | £886 |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Aug 2024 |
How the business works
- Profit margin
- −92.4%
- Profit ÷ revenue.
- Gross margin
- −201.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £4.7k
- Revenue ÷ average employees.
- Profit per employee
- −£4.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 12.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▼189%
- Now −£15.6k
- Cash at bank
- ▲27900%
- Now £1.4k
- Headcount
- ▲22%
- Now 11
- Deferred income
- ▲85%
- Now £886
- Fixed assets
- ▼21%
- Now £6.7k
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 28 Aug 2023 (profit −£47.9k), from the Companies House accounts bulk data published Aug 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.