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Company No. 15040889 · Incorporated 1 Aug 2023

Surf Cerrito CIC

Registered name: SURF CERRITO CIC

Surf Cerrito CIC made £59.1k revenue and £19k profit in the year to 31 Aug 2025.

Surf Cerrito CIC’s revenue grew 171% to £59.1k in the year to 31 Aug 2025, with £19k profit and 0 employees. The company is classified under “sports and recreation education” and is based in Chichester; we hold 2 years of its filed accounts.

Full P&L filedSection P · EducationSIC 85510Sports and recreation education
Status
Active
Location
Chichester, South East
Age
3 yrs · since 2023
Type
Community Interest Company
Latest accounts · year to 31 Aug 2025

Key figures

IndependentSmall teamCapital-lightYoung and profitableOperating leverage
Revenue
£59.1k
Growth ▲170.6%
Profit
£19k
Growth ▲874.6%
Profit margin
32.2%
Gross 95.6%
Employees
0
Change —
Profit / employee
—
 
Profitable streak
2yrs
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 Aug 202431 Aug 2025
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£21.8k£59.1k
Cost of sales£920£2.6k
Gross profit£20.9k£56.5k
Operating profit£2.4k£23.5k
Profit before tax£2.4k£23.5k
Profit after tax£2k£19k
Profit (best available)£2k£19k
Employees (average)00
Ratios
Profit margin8.9%32.2%
Gross margin95.8%95.6%
Growth (year on year)
Revenue growth—▲170.6%
Profit growth—▲874.6%
Balance sheet — indirect signals, not revenue
Cash at bank£4k£30.9k
Net assets£4k£23k
Fixed assets£0£0
Current assets£4k£30.9k
Debtors£0£0
Deferred income£0£3.4k
SourceFullAccounts · bulk data Jul 2025FullAccounts · bulk data May 2026
Derived from the latest filing

How the business works

Profit margin
32.2%
Profit ÷ revenue.
Gross margin
95.6%
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
0%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
5.8%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0%
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
▲482%
Now £23k
Cash at bank
▲682%
Now £30.9k
Headcount
—
Now 0
Deferred income
—
Now £3.4k
Fixed assets
—
Now £0

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Latest figures from FullAccounts for the year to 31 Aug 2025 (profit £19k), from the Companies House accounts bulk data published May 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.