Incredible Oceans CIC
Registered name: INCREDIBLE OCEANS CIC
Incredible Oceans CIC made £37.6k revenue and a £10 loss in the year to 30 Nov 2024.
Incredible Oceans CIC’s revenue fell 3% to £37.6k in the year to 30 Nov 2024, with a loss of £10 and 2 employees. The company is classified under “environmental consulting activities” and is based in Penryn; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Penryn, South West
- Age
- 3 yrs · since 2022
- 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 2023 | 30 Nov 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £38.8k | £37.6k |
| Cost of sales | £1.2k | £1.5k |
| Gross profit | £37.6k | £36.2k |
| Operating profit | −£370 | −£10 |
| Profit before tax | −£370 | −£10 |
| Profit after tax | −£370 | −£10 |
| Profit (best available) | −£370 | −£10 |
| Employees (average) | 2 | 2 |
| Ratios | ||
| Profit margin | −0.9% | 0% |
| Gross margin | 96.9% | 96.1% |
| Revenue per employee | £19.4k | £18.8k |
| Profit per employee | −£185 | −£5 |
| Growth (year on year) | ||
| Revenue growth | — | ▼3.1% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £198 | £4.7k |
| Net assets | −£370 | −£380 |
| Current assets | £3.2k | £5.1k |
| Debtors | £3k | £400 |
| Source | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2025 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 96.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £18.8k
- Revenue ÷ average employees.
- Profit per employee
- −£5
- 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
- 1.1%
- 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 −£380
- Cash at bank
- ▲2295%
- Now £4.7k
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
- Birch Vale Community Interest CompanyHigh Peak · Environmental consulting activities
- Revenue
- £102k
- Profit
- £1k
- Staff
- 1
- Globe Support Studio CICStafford · Environmental consulting activities
- Revenue
- £104k
- Profit
- £15.6k
- Staff
- 3
- Marine Atlas Consultants LtdDollar · Environmental consulting activities
- Revenue
- £111k
- Profit
- £48.3k
- Staff
- 2
- Dunsfold Associates LimitedSittingbourne · Quantity surveying activities
- Revenue
- £100k
- Profit
- £37.4k
- Staff
- 2
- Misha LimitedLondon · Other professional, scientific and technical activities n.e.c.
- Revenue
- £100k
- Profit
- £41.1k
- Staff
- 2
- RPSL LimitedLondon · Other professional, scientific and technical activities n.e.c.
- Revenue
- £102k
- Profit
- £14.8k
- Staff
- 2
Sources
Latest figures from FullAccounts for the year to 30 Nov 2024 (profit −£10), from the Companies House accounts bulk data published Aug 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.