Rewrite Global CIC
Registered name: REWRITE GLOBAL CIC
Rewrite Global CIC made £53.3k revenue and £5.5k profit in the year to 30 Jun 2024.
Rewrite Global CIC’s revenue grew 65% to £53.3k in the year to 30 Jun 2024, with £5.5k profit and 1 employee. The company is classified under “cultural education” and is based in London; we hold 2 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 Jun 2023 | 30 Jun 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £32.4k | £53.3k |
| Cost of sales | £11.9k | £21.8k |
| Gross profit | £20.4k | £31.6k |
| Operating profit | £686 | £6.7k |
| Profit before tax | £686 | £6.7k |
| Profit after tax | £702 | £5.5k |
| Profit (best available) | £702 | £5.5k |
| Employees (average) | 1 | 1 |
| Ratios | ||
| Profit margin | 2.2% | 10.3% |
| Gross margin | 63.2% | 59.2% |
| Revenue per employee | £32.4k | £53.3k |
| Profit per employee | £702 | £5.5k |
| Growth (year on year) | ||
| Revenue growth | — | ▲64.8% |
| Profit growth | — | ▲684.9% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £642 | £6.6k |
| Net assets | £682 | £5.6k |
| Fixed assets | £111 | £851 |
| Current assets | £642 | £6.6k |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 |
How the business works
- Profit margin
- 10.3%
- Profit ÷ revenue.
- Gross margin
- 59.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £53.3k
- Revenue ÷ average employees.
- Profit per employee
- £5.5k
- 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
- ▲714%
- Now £5.6k
- Cash at bank
- ▲921%
- Now £6.6k
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▲667%
- Now £851
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Sources
Latest figures from FullAccounts for the year to 30 Jun 2024 (profit £5.5k), from the Companies House accounts bulk data published Aug 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.