The Veteran CIC
Registered name: THE VETERAN CIC
The Veteran CIC made £522k revenue and a £3.9k loss in the year to 31 Dec 2024.
The Veteran CIC’s revenue grew 20% to £522k in the year to 31 Dec 2024, with a loss of £3.9k and 15 employees. The company is classified under “physical well-being activities” and is based in Ryde; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Ryde, South East
- 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 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £433k | £522k |
| Cost of sales | £150k | £194k |
| Gross profit | £283k | £328k |
| Operating profit | −£20.5k | −£3.9k |
| Profit before tax | −£20.5k | −£3.9k |
| Profit after tax | −£20.5k | −£3.9k |
| Profit (best available) | −£20.5k | −£3.9k |
| Employees (average) | 14 | 15 |
| Ratios | ||
| Profit margin | −4.7% | −0.8% |
| Gross margin | 65.4% | 62.9% |
| Revenue per employee | £30.9k | £34.8k |
| Profit per employee | −£1.5k | −£262 |
| Growth (year on year) | ||
| Revenue growth | — | ▲20.4% |
| Headcount growth | — | ▲7.1% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £31.3k | £62.7k |
| Net assets | −£20.5k | −£24.4k |
| Fixed assets | £6.1k | £7.6k |
| Current assets | £51.3k | £82.9k |
| Debtors | £0 | £150 |
| Source | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −0.8%
- Profit ÷ revenue.
- Gross margin
- 62.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £34.8k
- Revenue ÷ average employees.
- Profit per employee
- −£262
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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 −£24.4k
- Cash at bank
- ▲101%
- Now £62.7k
- Headcount
- ▲7%
- Now 15
- Deferred income
- —
- Now —
- Fixed assets
- ▲25%
- Now £7.6k
Similar profitable businesses
- Physical Culture Association C.I.C.Cannock · Physical well-being activities
- Revenue
- £478k
- Profit
- £4.9k
- Staff
- 2
- U7 Gym LtdExeter · Physical well-being activities
- Revenue
- £352k
- Profit
- £15.8k
- Staff
- 6
- Seva Community CICSidcup · Physical well-being activities
- Revenue
- £251k
- Profit
- £15.9k
- Staff
- 2
- Force and Grace Ltd.London · Physical well-being activities
- Revenue
- £198k
- Profit
- £63.4k
- Staff
- 1
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£3.9k), 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.