New Ventures Worldwide CIC
Registered name: NEW VENTURES WORLDWIDE CIC
New Ventures Worldwide CIC made £142k revenue and a £7.4k loss in the year to 31 Jul 2024.
New Ventures Worldwide CIC’s revenue fell 2% to £142k in the year to 31 Jul 2024, with a loss of £7.4k and 1 employee. The company is classified under “other education” and is based in Ryde; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Ryde, 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 Jul 2023 | 31 Jul 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £144k | £142k |
| Cost of sales | £93.7k | £116k |
| Gross profit | £50.2k | £25.4k |
| Operating profit | £21.9k | −£5.6k |
| Profit before tax | £20.4k | −£7.4k |
| Profit after tax | £16.8k | −£7.4k |
| Profit (best available) | £16.8k | −£7.4k |
| Employees (average) | 0 | 1 |
| Ratios | ||
| Profit margin | 11.7% | −5.2% |
| Gross margin | 34.9% | 18% |
| Revenue per employee | — | £142k |
| Profit per employee | — | −£7.4k |
| Growth (year on year) | ||
| Revenue growth | — | ▼1.6% |
| Profit growth | — | ▼144% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £20.9k | £80.6k |
| Net assets | £15.2k | £7.8k |
| Current assets | £20.9k | £80.6k |
| Source | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Apr 2025 |
How the business works
- Profit margin
- −5.2%
- Profit ÷ revenue.
- Gross margin
- 18%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £142k
- Revenue ÷ average employees.
- Profit per employee
- −£7.4k
- 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
- ▼49%
- Now £7.8k
- Cash at bank
- ▲286%
- Now £80.6k
- Headcount
- —
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
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- Profit
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Sources
Latest figures from FullAccounts for the year to 31 Jul 2024 (profit −£7.4k), from the Companies House accounts bulk data published Apr 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.