Cornwall Gymnastics Centre C.I.C.
Registered name: CORNWALL GYMNASTICS CENTRE C.I.C.
Cornwall Gymnastics Centre C.I.C. made £140k revenue and a £748 loss in the year to 31 May 2024.
Cornwall Gymnastics Centre C.I.C.’s revenue fell 14% to £140k in the year to 31 May 2024, with a loss of £748 and 7 employees. The company is classified under “activities of sport clubs” and is based in Wadebridge; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Wadebridge, South West
- 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 May 2022 | 31 May 2023 | 31 May 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £154k | £163k | £140k |
| Cost of sales | £9.8k | £9.3k | £9.4k |
| Gross profit | £144k | £153k | £131k |
| Operating profit | −£10.3k | −£8.4k | −£182 |
| Profit before tax | −£11.1k | −£8.8k | −£748 |
| Profit after tax | −£11.1k | −£8.8k | −£748 |
| Profit (best available) | −£11.1k | −£8.8k | −£748 |
| Employees (average) | 6 | 6 | 7 |
| Ratios | |||
| Profit margin | −7.2% | −5.4% | −0.5% |
| Gross margin | 93.7% | 94.3% | 93.3% |
| Revenue per employee | £25.7k | £27.1k | £20.1k |
| Profit per employee | −£1.8k | −£1.5k | −£107 |
| Growth (year on year) | |||
| Revenue growth | — | ▲5.7% | ▼13.7% |
| Headcount growth | — | 0% | ▲16.7% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £10k | £5.8k | £5.5k |
| Net assets | £7k | −£1.8k | −£2.5k |
| Fixed assets | £24.7k | £22k | £11.7k |
| Current assets | £17.1k | £16.6k | £12.6k |
| Debtors | £3.1k | £4.7k | £281 |
| Deferred income | £3.6k | £5.4k | — |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Jan 2025 |
How the business works
- Profit margin
- −0.5%
- Profit ÷ revenue.
- Gross margin
- 93.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £20.1k
- Revenue ÷ average employees.
- Profit per employee
- −£107
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 8.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.2%
- 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 −£2.5k
- Cash at bank
- ▼5%
- Now £5.5k
- Headcount
- ▲17%
- Now 7
- Deferred income
- —
- Now —
- Fixed assets
- ▼47%
- Now £11.7k
Similar profitable businesses
- Eclipse Gymnastics CICSouthampton · Activities of sport clubs
- Revenue
- £146k
- Profit
- £4.3k
- Staff
- 7
- Oakworth Juniors Football Club Sport & Education Centre CICKeighley · Activities of sport clubs
- Revenue
- £134k
- Profit
- £31.7k
- Staff
- 0
- Kickstart Skills LtdLeeds · Activities of sport clubs
- Revenue
- £131k
- Profit
- £6.5k
- Staff
- 2
- Proformance Pathways CICBerkhamsted · Activities of sport clubs
- Revenue
- £154k
- Profit
- £1.7k
- Staff
- 0
- Community Sports Vision CICSalford · Activities of sport clubs
- Revenue
- £125k
- Profit
- £6.4k
- Staff
- 3
- Tameside School of Gymnastics Community Interest CompanyAshton-Under-Lyne · Activities of sport clubs
- Revenue
- £159k
- Profit
- £8.8k
- Staff
- 15
Sources
Latest figures from FullAccounts for the year to 31 May 2024 (profit −£748), 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.