The Happy Place NW CIC
Registered name: THE HAPPY PLACE NW CIC
The Happy Place NW CIC made £6.5k revenue and a £522 loss in the year to 31 Dec 2025.
The Happy Place NW CIC’s revenue fell 65% to £6.5k in the year to 31 Dec 2025, with a loss of £522 and 3 employees. The company is classified under “cultural education” and is based in Wigan; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Wigan, North West
- Age
- 2 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 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £18.8k | £6.5k |
| Cost of sales | £15.1k | £6.1k |
| Gross profit | £3.7k | £468 |
| Operating profit | £734 | −£618 |
| Profit before tax | £749 | −£599 |
| Profit after tax | £672 | −£522 |
| Profit (best available) | £672 | −£522 |
| Employees (average) | 3 | 3 |
| Ratios | ||
| Profit margin | 3.6% | −8% |
| Gross margin | 19.7% | 7.2% |
| Revenue per employee | £6.3k | £2.2k |
| Profit per employee | £224 | −£174 |
| Growth (year on year) | ||
| Revenue growth | — | ▼65.2% |
| Profit growth | — | ▼177.7% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £2.5k | £1.4k |
| Net assets | £672 | £150 |
| Current assets | £3.2k | £1.4k |
| Debtors | £690 | — |
| Source | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −8%
- Profit ÷ revenue.
- Gross margin
- 7.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £2.2k
- Revenue ÷ average employees.
- Profit per employee
- −£174
- 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
- ▼78%
- Now £150
- Cash at bank
- ▼42%
- Now £1.4k
- Headcount
- 0%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£522), from the Companies House accounts bulk data published Sep 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.