How much does Play on CIC make?

Play on CIC reported revenue of £35.7k and £22.2k profit in the year to 31 May 2023, according to its accounts filed at Companies House.

How many employees does Play on CIC have?

Play on CIC reported an average of 28 employees in the year to 31 May 2023.

Is Play on CIC profitable?

Yes — Play on CIC reported a profit of £22.2k in the year to 31 May 2023.

Company No. 12021078 · Incorporated 29 May 2019

Play on CIC

Registered name: PLAY ON CIC

Play on CIC made £35.7k revenue and £22.2k profit in the year to 31 May 2023.

Play on CIC’s revenue grew 169% to £35.7k in the year to 31 May 2023, with £22.2k profit and 28 employees. The company is classified under “cultural education” and is based in Newhaven; we hold 2 years of its filed accounts.

Full P&L filedSection P · EducationSIC 85520Cultural education

Status: Active
Location: Newhaven, South East
Age: 7 yrs · since 2019
Type: Community Interest Company

Latest accounts · year to 31 May 2023

Key figures

IndependentCapital-lightYoung and profitableOperating leverage

Revenue

£35.7k

Growth ▲168.8%

Profit

£22.2k

Growth ▲342.4%

Profit margin

62.1%

Gross 100%

Employees

Change ▲460%

Profit / employee

£791

Revenue/employee £1.3k

Profitable streak

2yrs

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 May 2022	31 May 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£13.3k	£35.7k
Gross profit	£13.3k	£35.7k
Operating profit	£5k	£22.2k
Profit before tax	£5k	£22.2k
Profit after tax	£5k	£22.2k
Profit (best available)	£5k	£22.2k
Employees (average)	5	28
Ratios
Profit margin	37.8%	62.1%
Gross margin	100%	100%
Revenue per employee	£2.7k	£1.3k
Profit per employee	£1k	£791
Growth (year on year)
Revenue growth	—	▲168.8%
Profit growth	—	▲342.4%
Headcount growth	—	▲460%
Balance sheet — indirect signals, not revenue
Cash at bank	£5k	£22.2k
Net assets	£5k	£22.2k
Fixed assets	£0	£0
Current assets	£5k	£22.2k
Debtors	£0	£0
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024

Derived from the latest filing

How the business works

Profit margin: 62.1%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.3k; Revenue ÷ average employees.
Profit per employee: £791; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; 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: ▲342%; Now £22.2k
Cash at bank: ▲342%; Now £22.2k
Headcount: ▲460%; Now 28
Deferred income: —; Now —
Fixed assets: —; Now £0

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2023 (profit £22.2k), from the Companies House accounts bulk data published Feb 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.