Dance Ascension CIC
Registered name: DANCE ASCENSION CIC
Dance Ascension CIC made £82.4k revenue and £2.6k profit in the year to 29 Nov 2024.
Dance Ascension CIC’s revenue grew 16% to £82.4k in the year to 29 Nov 2024, with £2.6k profit and 3 employees. The company is classified under “performing arts” and is based in Coventry; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Coventry, West Midlands
- 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 | 30 Nov 2022 | 29 Nov 2023 | 29 Nov 2024 |
|---|---|---|---|
| Disclosure | Profit only | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £71.2k | £82.4k |
| Cost of sales | — | £9.3k | £53k |
| Gross profit | — | £61.8k | £29.4k |
| Operating profit | −£51 | £185 | £2.6k |
| Profit before tax | −£51 | £185 | £2.6k |
| Profit after tax | −£51 | £158 | £2.6k |
| Profit (best available) | −£51 | £158 | £2.6k |
| Employees (average) | 0 | 3 | 3 |
| Ratios | |||
| Profit margin | — | 0.2% | 3.2% |
| Gross margin | — | 86.9% | 35.6% |
| Revenue per employee | — | £23.7k | £27.5k |
| Profit per employee | — | £53 | £878 |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲15.7% |
| Profit growth | — | — | ▲1568% |
| Headcount growth | — | — | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £29 | £2.6k | £25k |
| Net assets | −£51 | £107 | £2.7k |
| Fixed assets | — | £0 | £2.8k |
| Current assets | £29 | £15.6k | £38.7k |
| Debtors | — | £13k | £13.1k |
| Deferred income | — | £8.7k | £1.3k |
| Source | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Jul 2025 |
How the business works
- Profit margin
- 3.2%
- Profit ÷ revenue.
- Gross margin
- 35.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £27.5k
- Revenue ÷ average employees.
- Profit per employee
- £878
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 15.9%
- 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
- ▲2463%
- Now £2.7k
- Cash at bank
- ▲878%
- Now £25k
- Headcount
- 0%
- Now 3
- Deferred income
- ▼85%
- Now £1.3k
- Fixed assets
- —
- Now £2.8k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Cattle Productions LtdShrewsbury · Performing arts
- Revenue
- £107k
- Profit
- £10.3k
- Staff
- 0
- The Morecambe Alhambra Theatre C.I.C.Morecambe · Performing arts
- Revenue
- £107k
- Profit
- £445
- Staff
- 0
- Nurturing Creativity CICHalifax · Performing arts
- Revenue
- £112k
- Profit
- £1.4k
- Staff
- 6
- Blackpool Dance Board Community Interest CompanyBlackpool · Performing arts
- Revenue
- £114k
- Profit
- £7
- Staff
- 0
- Art in the Docks CICLondon · Performing arts
- Revenue
- £123k
- Profit
- £38
- Staff
- 0
- Drum Works CICLondon · Performing arts
- Revenue
- £124k
- Profit
- £212
- Staff
- 7
Sources
Latest figures from FullAccounts for the year to 29 Nov 2024 (profit £2.6k), 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.