South Shields Surf CIC
Registered name: SOUTH SHIELDS SURF CIC
South Shields Surf CIC made £169k revenue and £3.8k profit in the year to 31 Jan 2026.
South Shields Surf CIC’s revenue fell 12% to £169k in the year to 31 Jan 2026, with £3.8k profit and 27 employees. The company is classified under “sports and recreation education” and is based in Newcastle Upon Tyne; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Newcastle Upon Tyne, North East
- Age
- 7 yrs · since 2019
- 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 Jan 2022 | 31 Jan 2023 | 31 Jan 2024 | 31 Jan 2025 | 31 Jan 2026 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £181k | £143k | £149k | £192k | £169k |
| Cost of sales | £125k | £92.6k | £92.7k | £119k | £119k |
| Gross profit | £55.7k | £50.2k | £56.2k | £73.4k | £50.1k |
| Operating profit | £163 | −£4.2k | −£4k | −£1.4k | £5.6k |
| Profit before tax | £163 | −£4.2k | −£4k | −£1.4k | £5.6k |
| Profit after tax | £163 | −£4.2k | −£4k | −£1.6k | £3.8k |
| Profit (best available) | £163 | −£4.2k | −£4k | −£1.6k | £3.8k |
| Employees (average) | 19 | 24 | 25 | 26 | 27 |
| Ratios | |||||
| Profit margin | 0.1% | −3% | −2.7% | −0.8% | 2.2% |
| Gross margin | 30.8% | 35.2% | 37.8% | 38.2% | 29.6% |
| Revenue per employee | £9.5k | £6k | £6k | £7.4k | £6.3k |
| Profit per employee | £9 | −£176 | −£161 | −£60 | £141 |
| Growth (year on year) | |||||
| Revenue growth | — | ▼21% | ▲4.2% | ▲29% | ▼11.8% |
| Profit growth | — | ▼2693% | — | — | — |
| Headcount growth | — | ▲26.3% | ▲4.2% | ▲4% | ▲3.9% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £4.4k | £4.2k | £16k | £9.7k | £13.4k |
| Net assets | £13.1k | £8.9k | £4.5k | £2.9k | £6.7k |
| Fixed assets | £34.3k | £30.4k | £22.3k | £15.8k | £11.9k |
| Current assets | £4.4k | £4.2k | £16k | £11.3k | £15.8k |
| Debtors | £0 | £0 | £0 | £1.6k | £2.3k |
| Deferred income | £240 | £240 | £10.2k | £9.1k | £0 |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 2.2%
- Profit ÷ revenue.
- Gross margin
- 29.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £6.3k
- Revenue ÷ average employees.
- Profit per employee
- £141
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.4%
- 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
- ▲129%
- Now £6.7k
- Cash at bank
- ▲39%
- Now £13.4k
- Headcount
- ▲4%
- Now 27
- Deferred income
- ▼100%
- Now £0
- Fixed assets
- ▼25%
- Now £11.9k
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 31 Jan 2026 (profit £3.8k), from the Companies House accounts bulk data published Jun 2026. 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.