Freedom Foundation CIC
Registered name: FREEDOM FOUNDATION CIC
Freedom Foundation CIC made £394k revenue and a £67 loss in the year to 31 Aug 2023.
Freedom Foundation CIC’s revenue grew 8% to £394k in the year to 31 Aug 2023, with a loss of £67 and 10 employees. The company is classified under “other education” and is based in Nottingham; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Nottingham, East Midlands
- Age
- 8 yrs · since 2018
- 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 Aug 2022 | 31 Aug 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £364k | £394k |
| Cost of sales | £249k | £277k |
| Gross profit | £116k | £117k |
| Operating profit | £4.8k | £2.1k |
| Profit before tax | £2.4k | £176 |
| Profit after tax | £2.4k | −£67 |
| Profit (best available) | £2.4k | −£67 |
| Employees (average) | 9 | 10 |
| Ratios | ||
| Profit margin | 0.7% | 0% |
| Gross margin | 31.7% | 29.6% |
| Revenue per employee | £40.5k | £39.4k |
| Profit per employee | £263 | −£7 |
| Growth (year on year) | ||
| Revenue growth | — | ▲8.2% |
| Profit growth | — | ▼102.8% |
| Headcount growth | — | ▲11.1% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £87.7k | £3.3k |
| Net assets | £6.2k | £6.2k |
| Fixed assets | £4.6k | £3.5k |
| Current assets | £155k | £147k |
| Debtors | £45.9k | £111k |
| Deferred income | £81.9k | £107k |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 29.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £39.4k
- Revenue ÷ average employees.
- Profit per employee
- −£7
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 27.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 28.1%
- 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
- ▼1%
- Now £6.2k
- Cash at bank
- ▼96%
- Now £3.3k
- Headcount
- ▲11%
- Now 10
- Deferred income
- ▲30%
- Now £107k
- Fixed assets
- ▼25%
- Now £3.5k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Sedbergh School International LimitedSedbergh · Other education n.e.c.
- Revenue
- £390k
- Profit
- £185k
- Staff
- —
- ST Paul's School Enterprises LtdLondon · Other education n.e.c.
- Revenue
- £381k
- Profit
- £206k
- Staff
- —
- Y.o.u.r Beauty School CICLondon · Other education n.e.c.
- Revenue
- £409k
- Profit
- £41.4k
- Staff
- 8
- Mindfulness Association C.I.C.Edinburgh · Other education n.e.c.
- Revenue
- £410k
- Profit
- £15.3k
- Staff
- 9
- The Sid Youth CICWorthing · Other education n.e.c.
- Revenue
- £419k
- Profit
- £25.8k
- Staff
- 9
- Hearts First Aid Training LtdRadlett · Other education n.e.c.
- Revenue
- £423k
- Profit
- £71k
- Staff
- 2
Sources
Latest figures from FullAccounts for the year to 31 Aug 2023 (profit −£67), from the Companies House accounts bulk data published May 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.