How much does Stand North Wales CIC make?

Stand North Wales CIC reported revenue of £381k and £172 profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Stand North Wales CIC have?

Stand North Wales CIC reported an average of 9 employees in the year to 31 Mar 2023.

Is Stand North Wales CIC profitable?

Yes — Stand North Wales CIC reported a profit of £172 in the year to 31 Mar 2023.

Company No. 11333532 · Incorporated 27 Apr 2018

Stand North Wales CIC

Registered name: STAND NORTH WALES CIC

Stand North Wales CIC made £381k revenue and £172 profit in the year to 31 Mar 2023.

Stand North Wales CIC’s revenue grew 49% to £381k in the year to 31 Mar 2023, with £172 profit and 9 employees. The company is classified under “educational support services” and is based in Bodelwyddan; we hold 2 years of its filed accounts.

Full P&L filedSection P · EducationSIC 85600Educational support services

Status: Active
Location: Bodelwyddan, Wales
Age: 8 yrs · since 2018
Type: Community Interest Company

Latest accounts · year to 31 Mar 2023

Key figures

IndependentSmall teamYoung and profitable

Revenue

£381k

Growth ▲48.6%

Profit

£172

Growth —

Profit margin

0.1%

Gross 84.9%

Employees

Change ▲80%

Profit / employee

£19

Revenue/employee £42.3k

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 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£256k	£381k
Cost of sales	£51.3k	£57.7k
Gross profit	£205k	£323k
Operating profit	£0	£172
Profit before tax	£0	£172
Profit after tax	£0	£172
Profit (best available)	£0	£172
Employees (average)	5	9
Ratios
Profit margin	0%	0.1%
Gross margin	80%	84.9%
Revenue per employee	£51.2k	£42.3k
Profit per employee	£0	£19
Growth (year on year)
Revenue growth	—	▲48.6%
Headcount growth	—	▲80%
Balance sheet — indirect signals, not revenue
Cash at bank	£65k	£80.9k
Net assets	−£172	£0
Current assets	£66.7k	£80.9k
Debtors	£1.7k	—
Deferred income	£66.8k	£76.4k
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024

Derived from the latest filing

How the business works

Profit margin: 0.1%; Profit ÷ revenue.
Gross margin: 84.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £42.3k; Revenue ÷ average employees.
Profit per employee: £19; 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: 20.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: —; Now £0
Cash at bank: ▲25%; Now £80.9k
Headcount: ▲80%; Now 9
Deferred income: ▲14%; Now £76.4k
Fixed assets: —; Now —

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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2023 (profit £172), from the Companies House accounts bulk data published Mar 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.