Latchmere Recreation CIC
Registered name: LATCHMERE RECREATION CIC
Latchmere Recreation CIC made £3.8k revenue and £337 profit in the year to 28 Feb 2025.
Latchmere Recreation CIC’s revenue grew 18% to £3.8k in the year to 28 Feb 2025, with £337 profit and 0 employees. The company is classified under “other service activities” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 5 yrs · since 2021
- 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 | 28 Feb 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £860 | £3.2k | £3.2k | £3.8k |
| Gross profit | £860 | £3.2k | £3.2k | £3.8k |
| Operating profit | −£2.8k | −£52 | £1.1k | £416 |
| Profit before tax | −£2.8k | −£52 | £1.1k | £416 |
| Profit after tax | −£2.8k | −£52 | £921 | £337 |
| Profit (best available) | −£2.8k | −£52 | £921 | £337 |
| Employees (average) | 0 | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | −331.1% | −1.6% | 28.3% | 8.8% |
| Gross margin | 100% | 100% | 100% | 100% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲273.5% | ▲1.1% | ▲18% |
| Profit growth | — | — | — | ▼63.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £860 | £3k | £440 | £440 |
| Net assets | −£2.8k | −£2.9k | −£2k | −£1.6k |
| Current assets | £860 | £3k | £440 | £440 |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 8.8%
- Profit ÷ revenue.
- Gross margin
- 100%
- 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
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now −£1.6k
- Cash at bank
- 0%
- Now £440
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £337), from the Companies House accounts bulk data published Nov 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.