Practical Progress CIC
Registered name: PRACTICAL PROGRESS CIC
Practical Progress CIC made £12.2k revenue and £0 profit in the year to 30 Jun 2026.
Practical Progress CIC’s revenue grew 238% to £12.2k in the year to 30 Jun 2026, with £0 profit and 0 employees. The company is classified under “other education” and is based in Liverpool; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Liverpool, North West
- Age
- 3 yrs · since 2023
- 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 Jun 2024 | 30 Jun 2025 | 30 Jun 2026 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £3.3k | £3.6k | £12.2k |
| Cost of sales | £2.9k | £10.7k | £12.2k |
| Gross profit | £316 | −£7.1k | £0 |
| Operating profit | £0 | £45 | £0 |
| Profit before tax | £0 | £45 | £0 |
| Profit after tax | £0 | £45 | £0 |
| Profit (best available) | £0 | £45 | £0 |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | 0% | 1.2% | 0% |
| Gross margin | 9.7% | −196.7% | 0% |
| Growth (year on year) | |||
| Revenue growth | — | ▲11.2% | ▲238.5% |
| Profit growth | — | — | ▼100% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £7.2k | £45 | £10.7k |
| Net assets | £0 | £45 | £45 |
| Current assets | £7.2k | £45 | £10.7k |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 0%
- 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.
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
- 0%
- Now £45
- Cash at bank
- ▲23713%
- Now £10.7k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 30 Jun 2026 (profit £0), from the Companies House accounts bulk data published Jul 2026. 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.