Canalside Academy CIC
Registered name: CANALSIDE ACADEMY CIC
Canalside Academy CIC made £1.4k revenue and a £4.9k loss in the year to 31 Oct 2024.
Canalside Academy CIC’s revenue fell 94% to £1.4k in the year to 31 Oct 2024, with a loss of £4.9k and 1 employee. The company is classified under “sports and recreation education” and is based in Burnley; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Burnley, North West
- Age
- 4 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 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £5.6k | £24.3k | £1.4k |
| Cost of sales | — | £0 | £0 |
| Gross profit | £5.6k | £24.3k | £1.4k |
| Operating profit | £5.6k | £24.3k | −£4.9k |
| Profit before tax | £5.6k | £24.3k | −£4.9k |
| Profit after tax | £5.6k | £20.9k | −£4.9k |
| Profit (best available) | £5.6k | £20.9k | −£4.9k |
| Employees (average) | 1 | 1 | 1 |
| Ratios | |||
| Profit margin | 99.8% | 86.2% | −355.8% |
| Gross margin | 100% | 100% | 100% |
| Revenue per employee | £5.6k | £24.3k | £1.4k |
| Profit per employee | £5.6k | £20.9k | −£4.9k |
| Growth (year on year) | |||
| Revenue growth | — | ▲334.1% | ▼94.3% |
| Profit growth | — | ▲275% | ▼123.6% |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.1k | £18.7k | £10k |
| Net assets | £51 | £14.3k | £9.4k |
| Current assets | £1.1k | £18.7k | £10k |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jul 2025 |
How the business works
- Profit margin
- −355.8%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.4k
- Revenue ÷ average employees.
- Profit per employee
- −£4.9k
- 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
- ▼34%
- Now £9.4k
- Cash at bank
- ▼46%
- Now £10k
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Oct 2024 (profit −£4.9k), from the Companies House accounts bulk data published Jul 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.