The Lantern Initiative CIC
Registered name: THE LANTERN INITIATIVE CIC
The Lantern Initiative CIC made £60.4k revenue and a £2.2k loss in the year to 31 Mar 2025.
The Lantern Initiative CIC’s revenue fell 51% to £60.4k in the year to 31 Mar 2025, with a loss of £2.2k and 1 employee. The company is classified under “other human health activities” and is based in Milton Keynes; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Milton Keynes, South East
- 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 | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £13.3k | £32.6k | £123k | £60.4k |
| Cost of sales | £3.7k | £25.5k | £82.5k | £28.9k |
| Gross profit | £9.7k | £7.1k | £40.3k | £31.5k |
| Operating profit | £29 | £271 | £2k | −£2.2k |
| Profit before tax | £29 | £271 | £2k | −£2.2k |
| Profit after tax | £23 | £220 | £1.6k | −£2.2k |
| Profit (best available) | £23 | £220 | £1.6k | −£2.2k |
| Employees (average) | 1 | 1 | 1 | 1 |
| Ratios | ||||
| Profit margin | 0.2% | 0.7% | 1.3% | −3.6% |
| Gross margin | 72.5% | 21.8% | 32.8% | 52.2% |
| Revenue per employee | £13.3k | £32.6k | £123k | £60.4k |
| Profit per employee | £23 | £220 | £1.6k | −£2.2k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲144.5% | ▲276.7% | ▼50.8% |
| Profit growth | — | ▲856.5% | ▲643.2% | ▼233.1% |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £11k | £9.6k | £4.3k | £10.4k |
| Net assets | £23 | £294 | £1.9k | −£533 |
| Current assets | £11k | £16.4k | £4.3k | £23.7k |
| Debtors | £0 | £6.9k | £0 | £13.3k |
| Deferred income | £10.9k | £14.4k | £0 | £21.7k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- −3.6%
- Profit ÷ revenue.
- Gross margin
- 52.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £60.4k
- Revenue ÷ average employees.
- Profit per employee
- −£2.2k
- 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
- 35.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 21.9%
- 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
- ▼128%
- Now −£533
- Cash at bank
- ▲140%
- Now £10.4k
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now £21.7k
- Fixed assets
- —
- Now —
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 Mar 2025 (profit −£2.2k), from the Companies House accounts bulk data published Feb 2026. 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.