How much does Rainey Community Creations CIC make?

Rainey Community Creations CIC reported revenue of £31.1k and a loss of £2.3k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Rainey Community Creations CIC have?

Rainey Community Creations CIC reported an average of 0 employees in the year to 31 Dec 2023.

Is Rainey Community Creations CIC profitable?

No — Rainey Community Creations CIC reported a loss of £2.3k in the year to 31 Dec 2023.

Company No. 14544053 · Incorporated 15 Dec 2022

Rainey Community Creations CIC

Registered name: RAINEY COMMUNITY CREATIONS CIC

Rainey Community Creations CIC made £31.1k revenue and a £2.3k loss in the year to 31 Dec 2023.

Rainey Community Creations CIC’s revenue was £31.1k in the year to 31 Dec 2023, with a loss of £2.3k and 0 employees. The company is classified under “post-secondary non-tertiary education” and is based in Birmingham.

Full P&L filedSection P · EducationSIC 85410Post-secondary non-tertiary education SIC 85520Cultural education SIC 87900Other residential care activities n.e.c.SIC 90030Artistic creation

Status: Active
Location: Birmingham, West Midlands
Age: 3 yrs · since 2022
Type: Community Interest Company

Latest accounts · year to 31 Dec 2023

Key figures

IndependentSmall team

Revenue

£31.1k

Growth —

Profit

−£2.3k

Growth —

Profit margin

−7.4%

Gross 6.7%

Employees

Change —

Profit / employee

—

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.

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023
Disclosure	Full P&L
Profit & loss
Revenue (turnover)	£31.1k
Cost of sales	£29k
Gross profit	£2.1k
Operating profit	−£2.3k
Profit before tax	−£2.3k
Profit after tax	−£2.3k
Profit (best available)	−£2.3k
Employees (average)	0
Ratios
Profit margin	−7.4%
Gross margin	6.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.7k
Net assets	−£2.3k
Current assets	£4.9k
Debtors	£206
Source	FullAccounts · bulk data Nov 2024

Derived from the latest filing

How the business works

Profit margin: −7.4%; Profit ÷ revenue.
Gross margin: 6.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; 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: 0.7%; 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: —; Now −£2.3k
Cash at bank: —; Now £4.7k
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: —; Now —

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£2.3k), from the Companies House accounts bulk data published Nov 2024. 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.