Tyneside Ignite Cheerleading CIC
Registered name: TYNESIDE IGNITE CHEERLEADING CIC
Tyneside Ignite Cheerleading CIC made £141k revenue and a £1.3k loss in the year to 29 Feb 2024.
Tyneside Ignite Cheerleading CIC’s revenue grew 67% to £141k in the year to 29 Feb 2024, with a loss of £1.3k and 9 employees. The company is classified under “other sports activities” and is based in East Boldon; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- East Boldon, North East
- Age
- 6 yrs · since 2020
- 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 | 28 Feb 2022 | 28 Feb 2023 | 29 Feb 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £84.7k | £141k |
| Cost of sales | — | £30.9k | £60k |
| Gross profit | — | £53.8k | £81.2k |
| Operating profit | — | £288 | −£1.3k |
| Profit before tax | — | £288 | −£1.3k |
| Profit after tax | — | £288 | −£1.3k |
| Profit (best available) | — | £288 | −£1.3k |
| Employees (average) | 7 | 9 | 9 |
| Ratios | |||
| Profit margin | — | 0.3% | −0.9% |
| Gross margin | — | 63.5% | 57.5% |
| Revenue per employee | — | £9.4k | £15.7k |
| Profit per employee | — | £32 | −£146 |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲66.7% |
| Profit growth | — | — | ▼556.9% |
| Headcount growth | — | ▲28.6% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2.8k | £5.7k | £8.3k |
| Net assets | £489 | £777 | −£539 |
| Fixed assets | £2.8k | £2.1k | £2k |
| Current assets | £2.8k | £5.7k | £8.3k |
| Debtors | £0 | £0 | £0 |
| Deferred income | £744 | £744 | £960 |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2025 |
How the business works
- Profit margin
- −0.9%
- Profit ÷ revenue.
- Gross margin
- 57.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £15.7k
- Revenue ÷ average employees.
- Profit per employee
- −£146
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.7%
- 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
- ▼169%
- Now −£539
- Cash at bank
- ▲45%
- Now £8.3k
- Headcount
- 0%
- Now 9
- Deferred income
- ▲29%
- Now £960
- Fixed assets
- ▼6%
- Now £2k
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 29 Feb 2024 (profit −£1.3k), from the Companies House accounts bulk data published Feb 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.