How much does Optimum Sports Academy CIC make?

Optimum Sports Academy CIC reported revenue of £40.3k and £6.4k profit in the year to 31 Oct 2023, according to its accounts filed at Companies House.

How many employees does Optimum Sports Academy CIC have?

Optimum Sports Academy CIC reported an average of 0 employees in the year to 31 Oct 2023.

Is Optimum Sports Academy CIC profitable?

Yes — Optimum Sports Academy CIC reported a profit of £6.4k in the year to 31 Oct 2023.

Company No. 12954625 · Incorporated 15 Oct 2020

Optimum Sports Academy CIC

Registered name: OPTIMUM SPORTS ACADEMY CIC

Optimum Sports Academy CIC made £40.3k revenue and £6.4k profit in the year to 31 Oct 2023.

Optimum Sports Academy CIC’s revenue grew 71% to £40.3k in the year to 31 Oct 2023, with £6.4k profit and 0 employees. The company is classified under “other amusement and recreation activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection R · Arts, entertainment and recreationSIC 93290Other amusement and recreation activities n.e.c.

Status: Active
Location: London, London
Age: 6 yrs · since 2020
Type: Community Interest Company

Latest accounts · year to 31 Oct 2023

Key figures

IndependentSmall teamCapital-lightYoung and profitable

Revenue

£40.3k

Growth ▲70.9%

Profit

£6.4k

Growth —

Profit margin

16%

Gross 31.8%

Employees

Change —

Profit / employee

—

Profitable streak

1yr

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 Oct 2022	31 Oct 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£23.6k	£40.3k
Cost of sales	£18.9k	£27.5k
Gross profit	£4.7k	£12.8k
Operating profit	−£2.3k	£7.6k
Profit before tax	−£2.3k	£7.6k
Profit after tax	−£1.8k	£6.4k
Profit (best available)	−£1.8k	£6.4k
Employees (average)	0	0
Ratios
Profit margin	−7.8%	16%
Gross margin	20%	31.8%
Growth (year on year)
Revenue growth	—	▲70.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.3k	£10.3k
Net assets	£4.4k	£10.8k
Fixed assets	£0	£1.4k
Current assets	£4.8k	£11k
Debtors	£432	£732
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024

Derived from the latest filing

How the business works

Profit margin: 16%; Profit ÷ revenue.
Gross margin: 31.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.8%; 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: ▲148%; Now £10.8k
Cash at bank: ▲137%; Now £10.3k
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: —; Now £1.4k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2023 (profit £6.4k), from the Companies House accounts bulk data published Jul 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.