Elevate the Youth CIC
Registered name: ELEVATE THE YOUTH CIC
Elevate the Youth CIC made £0 revenue and a £992 loss in the year to 30 Apr 2024.
Elevate the Youth CIC’s revenue fell 100% to £0 in the year to 30 Apr 2024, with a loss of £992 and 0 employees. The company is classified under “educational support services” and is based in Wolverhampton; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Wolverhampton, West Midlands
- Age
- 9 yrs · since 2017
- 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 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £14.3k | £10.6k | £0 |
| Cost of sales | £4.6k | £3.6k | £0 |
| Gross profit | £9.7k | £6.9k | £0 |
| Operating profit | −£6.7k | −£1.8k | −£992 |
| Profit before tax | −£7.4k | −£2.4k | −£992 |
| Profit after tax | −£7.4k | −£2.4k | −£992 |
| Profit (best available) | −£7.4k | −£2.4k | −£992 |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | −52% | −22.9% | — |
| Gross margin | 67.6% | 65.4% | — |
| Growth (year on year) | |||
| Revenue growth | — | ▼26.4% | ▼100% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2k | £124 | £24 |
| Net assets | −£20.4k | −£22.8k | −£23.8k |
| Fixed assets | £14.3k | £165 | £82 |
| Current assets | £2k | £12.1k | £12k |
| Debtors | £0 | £12k | £12k |
| Deferred income | £1.5k | £365 | £265 |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jan 2025 |
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 −£23.8k
- Cash at bank
- ▼81%
- Now £24
- Headcount
- —
- Now 0
- Deferred income
- ▼27%
- Now £265
- Fixed assets
- ▼50%
- Now £82
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 30 Apr 2024 (profit −£992), from the Companies House accounts bulk data published Jan 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.