Devonport Live CIC
Registered name: DEVONPORT LIVE CIC
Devonport Live CIC made £81.4k revenue and £1.6k profit in the year to 31 Mar 2024.
Devonport Live CIC’s revenue grew 23% to £81.4k in the year to 31 Mar 2024, with £1.6k profit and 5 employees. The company is classified under “unlicensed restaurants and cafes” and is based in Plymouth; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Plymouth, South West
- 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 | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £47.6k | £66.3k | £81.4k |
| Cost of sales | £95.7k | £111k | £120k |
| Gross profit | −£48.1k | −£44.5k | −£38.4k |
| Operating profit | −£9.8k | £806 | −£50.4k |
| Profit before tax | −£9.8k | £806 | £1.6k |
| Profit after tax | −£9.8k | £806 | £1.6k |
| Profit (best available) | −£9.8k | £806 | £1.6k |
| Employees (average) | 6 | 5 | 5 |
| Ratios | |||
| Profit margin | −20.7% | 1.2% | 1.9% |
| Gross margin | −101% | −67.1% | −47.2% |
| Revenue per employee | £7.9k | £13.3k | £16.3k |
| Profit per employee | −£1.6k | £161 | £312 |
| Growth (year on year) | |||
| Revenue growth | — | ▲39.3% | ▲22.7% |
| Profit growth | — | — | ▲93.8% |
| Headcount growth | — | ▼16.7% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.9k | £4k | £5.3k |
| Net assets | −£5.2k | −£4.3k | −£2.8k |
| Current assets | £3.3k | £6.1k | £9.9k |
| Debtors | £750 | £1.3k | £3.8k |
| Deferred income | £1.3k | £2.5k | — |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Oct 2024 |
How the business works
- Profit margin
- 1.9%
- Profit ÷ revenue.
- Gross margin
- −47.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £16.3k
- Revenue ÷ average employees.
- Profit per employee
- £312
- 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
- 4.7%
- 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 −£2.8k
- Cash at bank
- ▲33%
- Now £5.3k
- Headcount
- 0%
- Now 5
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £1.6k), 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.