Northern Race & Drift CIC
Registered name: NORTHERN RACE & DRIFT CIC
Northern Race & Drift CIC made £25.4k revenue and a £494 loss in the year to 31 Oct 2024.
Northern Race & Drift CIC’s revenue fell 15% to £25.4k in the year to 31 Oct 2024, with a loss of £494 and 2 employees. The company is classified under “other business support service activities” and is based in Rotherham; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Rotherham, Yorkshire and The Humber
- Age
- 9 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 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £15k | £29.9k | £25.4k |
| Cost of sales | — | £0 | £0 |
| Gross profit | £15k | £29.9k | £25.4k |
| Operating profit | −£7k | £1k | −£494 |
| Profit before tax | −£7k | £1k | −£494 |
| Profit after tax | −£7k | £1k | −£494 |
| Profit (best available) | −£7k | £1k | −£494 |
| Employees (average) | 2 | 2 | 2 |
| Ratios | |||
| Profit margin | −46.6% | 3.4% | −1.9% |
| Gross margin | 100% | 100% | 100% |
| Revenue per employee | £7.5k | £14.9k | £12.7k |
| Profit per employee | −£3.5k | £514 | −£247 |
| Growth (year on year) | |||
| Revenue growth | — | ▲99.5% | ▼15.2% |
| Profit growth | — | — | ▼148% |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2.2k | £2.3k | £2.9k |
| Net assets | −£7.1k | −£6.1k | −£6.6k |
| Current assets | £2.2k | £2.3k | £2.9k |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2025 |
How the business works
- Profit margin
- −1.9%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £12.7k
- Revenue ÷ average employees.
- Profit per employee
- −£247
- 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 −£6.6k
- Cash at bank
- ▲25%
- Now £2.9k
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Oct 2024 (profit −£494), from the Companies House accounts bulk data published Jul 2025. 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.