Ethical Reading Community Interest Company
Registered name: ETHICAL READING COMMUNITY INTEREST COMPANY
Ethical Reading Community Interest Company made £24.6k revenue and £2.4k profit in the year to 31 Dec 2024.
Ethical Reading Community Interest Company’s revenue fell 13% to £24.6k in the year to 31 Dec 2024, with £2.4k profit and 1 employee. The company is classified under “activities of business and employers membership organizations” and is based in Reading; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Reading, South East
- 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 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £33.7k | £28.2k | £24.6k |
| Cost of sales | £8.8k | £10.3k | £7k |
| Gross profit | £24.9k | £17.8k | £17.5k |
| Operating profit | −£3.6k | £2.6k | £2.6k |
| Profit before tax | −£3.6k | £2.6k | £2.6k |
| Profit after tax | −£3.6k | £2.6k | £2.4k |
| Profit (best available) | −£3.6k | £2.6k | £2.4k |
| Employees (average) | 2 | 1 | 1 |
| Ratios | |||
| Profit margin | −10.7% | 9.2% | 9.7% |
| Gross margin | 74% | 63.3% | 71.4% |
| Revenue per employee | £16.8k | £28.2k | £24.6k |
| Profit per employee | −£1.8k | £2.6k | £2.4k |
| Growth (year on year) | |||
| Revenue growth | — | ▼16.4% | ▼12.8% |
| Profit growth | — | — | ▼8% |
| Headcount growth | — | ▼50% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £18.5k | £23k | £26.8k |
| Net assets | £9.4k | £12k | £14.4k |
| Fixed assets | — | £0 | £381 |
| Current assets | £18.5k | £23k | £26.8k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 9.7%
- Profit ÷ revenue.
- Gross margin
- 71.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £24.6k
- Revenue ÷ average employees.
- Profit per employee
- £2.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.6%
- 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
- ▲20%
- Now £14.4k
- Cash at bank
- ▲17%
- Now £26.8k
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £381
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £2.4k), from the Companies House accounts bulk data published Sep 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.