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Company No. 14544663 · Incorporated 16 Dec 2022

Wheel Good Vibes CIC

Registered name: WHEEL GOOD VIBES CIC

Wheel Good Vibes CIC made £0 revenue and a £395 loss in the year to 31 Dec 2024.

Wheel Good Vibes CIC’s revenue fell 100% to £0 in the year to 31 Dec 2024, with a loss of £395 and 0 employees. The company is classified under “retail sale of sports goods, fishing gear, camping goods, boats and bicycles” and is based in Cheltenham; we hold 2 years of its filed accounts.

Status
Active
Location
Cheltenham, South West
Age
3 yrs · since 2022
Type
Community Interest Company
Latest accounts · year to 31 Dec 2024

Key figures

IndependentSmall team
Revenue
£0
Growth ▼100%
Profit
−£395
Growth ▼126.9%
Profit margin
—
 
Employees
0
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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202331 Dec 2024
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£6.8k£0
Cost of sales£2.8k£0
Gross profit£4k£0
Operating profit£1.5k−£395
Profit before tax£1.5k−£395
Profit after tax£1.5k−£395
Profit (best available)£1.5k−£395
Employees (average)00
Ratios
Profit margin21.7%—
Gross margin58.4%—
Growth (year on year)
Revenue growth—▼100%
Profit growth—▼126.9%
Balance sheet — indirect signals, not revenue
Cash at bank£1.5k£1.2k
Net assets£1.5k£1.1k
Current assets£1.5k£1.2k
SourceFullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
—
Profit ÷ revenue.
Gross margin
—
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
—
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
▼27%
Now £1.1k
Cash at bank
▼17%
Now £1.2k
Headcount
—
Now 0
Deferred income
—
Now —
Fixed assets
—
Now —
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£395), from the Companies House accounts bulk data published Dec 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.