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.
- Status
- Active
- Location
- London, London
- Age
- 6 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 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full 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) | 1 | 2 |
| Ratios | ||
| Profit margin | −29.3% | −1204% |
| Gross margin | 46.3% | 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 |
| Source | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Dec 2025 |
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.
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.