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Company No. 12328807 · Incorporated 22 Nov 2019

Joyriders Britain C.I.C.

Registered name: JOYRIDERS BRITAIN C.I.C.

Joyriders Britain C.I.C. made £169k revenue and a £2m loss in the year to 31 Dec 2024.

Joyriders Britain C.I.C.’s revenue grew 10% to £169k in the year to 31 Dec 2024, with a loss of £2m and 2 employees. The company is classified under “physical well-being activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 96040Physical well-being activities
Status
Active
Location
London, London
Age
6 yrs · since 2019
Type
Community Interest Company
Latest accounts · year to 31 Dec 2024

Key figures

IndependentSmall teamCapital-light
Revenue
£169k
Growth ▲10%
Profit
−£2m
Growth —
Profit margin
−1204%
Gross 0.9%
Employees
2
Change ▲100%
Profit / employee
−£1m
Revenue/employee £84.6k
Profitable streak
0yrs
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 to31 Dec 202331 Dec 2024
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£154k£169k
Cost of sales£82.5k£168k
Gross profit£71.2k£1.6k
Operating profit−£39.2k−£2m
Profit before tax−£39.2k−£2m
Profit after tax−£45k−£2m
Profit (best available)−£45k−£2m
Employees (average)12
Ratios
Profit margin−29.3%−1204%
Gross margin46.3%0.9%
Revenue per employee£154k£84.6k
Profit per employee−£45k−£1m
Growth (year on year)
Revenue growth—▲10%
Headcount growth—▲100%
Balance sheet — indirect signals, not revenue
Cash at bank£41.4k£51.8k
Net assets£35.4k£22k
Fixed assets£5.4k£3.1k
Current assets£41.4k£51.8k
Debtors£0£0
Deferred income£0£45
SourceFullAccounts · bulk data Dec 2025FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
−1204%
Profit ÷ revenue.
Gross margin
0.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£84.6k
Revenue ÷ average employees.
Profit per employee
−£1m
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1.8%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0%
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
▼38%
Now £22k
Cash at bank
▲25%
Now £51.8k
Headcount
▲100%
Now 2
Deferred income
—
Now £45
Fixed assets
▼43%
Now £3.1k

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 Dec 2024 (profit −£2m), from the Companies House accounts bulk data published Dec 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.