Nurturing Creativity CIC
Registered name: NURTURING CREATIVITY CIC
Nurturing Creativity CIC made £112k revenue and £1.4k profit in the year to 31 Mar 2024.
Nurturing Creativity CIC’s revenue grew 64% to £112k in the year to 31 Mar 2024, with £1.4k profit and 6 employees. The company is classified under “performing arts” and is based in Halifax; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Halifax, Yorkshire and The Humber
- 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 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £29.6k | £68.2k | £112k |
| Gross profit | £29.6k | £68.2k | £112k |
| Operating profit | −£827 | −£605 | £1.4k |
| Profit before tax | −£827 | −£605 | £1.4k |
| Profit after tax | −£827 | −£605 | £1.4k |
| Profit (best available) | −£827 | −£605 | £1.4k |
| Employees (average) | 2 | 4 | 6 |
| Ratios | |||
| Profit margin | −2.8% | −0.9% | 1.3% |
| Gross margin | 100% | 100% | 100% |
| Revenue per employee | £14.8k | £17.1k | £18.6k |
| Profit per employee | −£414 | −£151 | £238 |
| Growth (year on year) | |||
| Revenue growth | — | ▲130.8% | ▲64% |
| Headcount growth | — | ▲100% | ▲50% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £9k | £22.7k | £91.7k |
| Net assets | −£827 | −£1.4k | −£2 |
| Current assets | £9k | £22.7k | £91.7k |
| Deferred income | £9k | £21.9k | £88k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Sep 2024 |
How the business works
- Profit margin
- 1.3%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £18.6k
- Revenue ÷ average employees.
- Profit per employee
- £238
- 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
- 78.6%
- 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 −£2
- Cash at bank
- ▲303%
- Now £91.7k
- Headcount
- ▲50%
- Now 6
- Deferred income
- ▲303%
- Now £88k
- 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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- Profit
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £1.4k), from the Companies House accounts bulk data published Sep 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.