How much does Track NN C.I.C. make?

Track NN C.I.C. reported revenue of £90.9k and £15.1k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Track NN C.I.C. have?

Track NN C.I.C. reported an average of 3 employees in the year to 31 Dec 2023.

Is Track NN C.I.C. profitable?

Yes — Track NN C.I.C. reported a profit of £15.1k in the year to 31 Dec 2023.

Company No. 11094913 · Incorporated 4 Dec 2017

Track NN C.I.C.

Registered name: TRACK NN C.I.C.

Track NN C.I.C. made £90.9k revenue and £15.1k profit in the year to 31 Dec 2023.

Track NN C.I.C.’s revenue fell 5% to £90.9k in the year to 31 Dec 2023, with £15.1k profit and 3 employees. The company is classified under “technical and vocational secondary education” and is based in Northampton; we hold 2 years of its filed accounts.

Full P&L filedSection P · EducationSIC 85320Technical and vocational secondary education

Status: Active
Location: Northampton, East Midlands
Age: 8 yrs · since 2017
Type: Community Interest Company

Latest accounts · year to 31 Dec 2023

Key figures

IndependentSmall teamCapital-light

Revenue

£90.9k

Growth ▼5.4%

Profit

£15.1k

Growth —

Profit margin

16.6%

Gross 83.9%

Employees

Change 0%

Profit / employee

£5k

Revenue/employee £30.3k

Profitable streak

1yr

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£96k	£90.9k
Cost of sales	£70.5k	£14.7k
Gross profit	£25.6k	£76.2k
Operating profit	−£20.1k	£15.4k
Profit before tax	−£20.6k	£15.1k
Profit after tax	−£20.6k	£15.1k
Profit (best available)	−£20.6k	£15.1k
Employees (average)	3	3
Ratios
Profit margin	−21.5%	16.6%
Gross margin	26.6%	83.9%
Revenue per employee	£32k	£30.3k
Profit per employee	−£6.9k	£5k
Growth (year on year)
Revenue growth	—	▼5.4%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£93.4k	£52.5k
Net assets	£25.5k	£40.5k
Fixed assets	£0	£319
Current assets	£99.6k	£58.7k
Debtors	£6.3k	£6.3k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: 16.6%; Profit ÷ revenue.
Gross margin: 83.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £30.3k; Revenue ÷ average employees.
Profit per employee: £5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6.9%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▲59%; Now £40.5k
Cash at bank: ▼44%; Now £52.5k
Headcount: 0%; Now 3
Deferred income: —; Now —
Fixed assets: —; Now £319

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £15.1k), from the Companies House accounts bulk data published Sep 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.