How much does Second Time Around CIC make?

Second Time Around CIC reported revenue of £53k and a loss of £611 in the year to 31 Jul 2025, according to its accounts filed at Companies House.

How many employees does Second Time Around CIC have?

Second Time Around CIC reported an average of 3 employees in the year to 31 Jul 2025.

Is Second Time Around CIC profitable?

No — Second Time Around CIC reported a loss of £611 in the year to 31 Jul 2025.

Company No. 14236096 · Incorporated 15 Jul 2022

Second Time Around CIC

Registered name: SECOND TIME AROUND CIC

Second Time Around CIC made £53k revenue and a £611 loss in the year to 31 Jul 2025.

Second Time Around CIC’s revenue grew 1% to £53k in the year to 31 Jul 2025, with a loss of £611 and 3 employees. The company is classified under “retail sale of other second-hand goods in stores (not incl. antiques)” and is based in Leicester; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47799Retail sale of other second-hand goods in stores (not incl. antiques)

Status: Active
Location: Leicester, East Midlands
Age: 4 yrs · since 2022
Type: Community Interest Company

Latest accounts · year to 31 Jul 2025

Key figures

IndependentSmall team

Revenue

£53k

Growth ▲1.3%

Profit

−£611

Growth ▼141.8%

Profit margin

−1.1%

Gross 100%

Employees

Change 0%

Profit / employee

−£204

Revenue/employee £17.7k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jul 2023	31 Jul 2024	31 Jul 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£46.5k	£52.3k	£53k
Cost of sales	£405	£871	—
Gross profit	£46.1k	£51.5k	£53k
Operating profit	£9.8k	£1.8k	−£325
Profit before tax	£9.8k	£1.8k	−£325
Profit after tax	£8k	£1.5k	−£611
Profit (best available)	£8k	£1.5k	−£611
Employees (average)	3	3	3
Ratios
Profit margin	17.2%	2.8%	−1.1%
Gross margin	99.1%	98.3%	100%
Revenue per employee	£15.5k	£17.4k	£17.7k
Profit per employee	£2.7k	£488	−£204
Growth (year on year)
Revenue growth	—	▲12.5%	▲1.3%
Profit growth	—	▼81.7%	▼141.8%
Headcount growth	—	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£10.5k	£9.6k	£10.2k
Net assets	£8.2k	£9k	£9.8k
Current assets	£11k	£9.6k	£10.2k
Debtors	£466	—	—
Source	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −1.1%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £17.7k; Revenue ÷ average employees.
Profit per employee: −£204; 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.

Indirect — not revenue

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: ▲8%; Now £9.8k
Cash at bank: ▲7%; Now £10.2k
Headcount: 0%; Now 3
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jul 2025 (profit −£611), from the Companies House accounts bulk data published Sep 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.