Optimistic Foundation CIC
Registered name: OPTIMISTIC FOUNDATION CIC
Optimistic Foundation CIC made £308k revenue and £10k profit in the year to 30 Apr 2024.
Optimistic Foundation CIC’s revenue grew 49% to £308k in the year to 30 Apr 2024, with £10k profit and 0 employees. The company is classified under “motion picture production activities” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- 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 | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £61.7k | £206k | £308k |
| Cost of sales | £33.7k | £94k | £214k |
| Gross profit | £28k | £112k | £93.8k |
| Operating profit | −£8.9k | £6.1k | −£19.6k |
| Profit before tax | −£11k | £1.9k | −£21.8k |
| Profit after tax | −£10.1k | £1.9k | £10k |
| Profit (best available) | −£10.1k | £1.9k | £10k |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | −16.4% | 0.9% | 3.3% |
| Gross margin | 45.4% | 54.3% | 30.5% |
| Growth (year on year) | |||
| Revenue growth | — | ▲233.6% | ▲49.5% |
| Profit growth | — | — | ▲426.4% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £4k | £120k | £16.8k |
| Net assets | −£2.5k | −£615 | £9.4k |
| Fixed assets | £9.1k | £7.7k | £11.2k |
| Current assets | £36.4k | £150k | £103k |
| Debtors | £2.7k | £4.6k | £1.9k |
| Deferred income | £19.9k | £106k | £28.3k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Jan 2025 |
How the business works
- Profit margin
- 3.3%
- Profit ÷ revenue.
- Gross margin
- 30.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 9.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.6%
- 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 £9.4k
- Cash at bank
- ▼86%
- Now £16.8k
- Headcount
- —
- Now 0
- Deferred income
- ▼73%
- Now £28.3k
- Fixed assets
- ▲46%
- Now £11.2k
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
Latest figures from FullAccounts for the year to 30 Apr 2024 (profit £10k), from the Companies House accounts bulk data published Jan 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.