The Veterans Community and Enterprise Centre ( Newton Aycliffe) CIC
Registered name: THE VETERANS COMMUNITY AND ENTERPRISE CENTRE ( NEWTON AYCLIFFE) CIC
The Veterans Community and Enterprise Centre ( Newton Aycliffe) CIC made £41k revenue and £6.3k profit in the year to 28 Feb 2026.
The Veterans Community and Enterprise Centre ( Newton Aycliffe) CIC’s revenue grew 109% to £41k in the year to 28 Feb 2026, with £6.3k profit and 0 employees. The company is classified under “other social work activities without accommodation” and is based in Newton Aycliffe; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Newton Aycliffe, North East
- Age
- 2 yrs · since 2024
- 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 | 28 Feb 2025 | 28 Feb 2026 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £19.6k | £41k |
| Cost of sales | £3.7k | £13.7k |
| Gross profit | £16k | £27.3k |
| Operating profit | −£932 | £8.1k |
| Profit before tax | −£932 | £8k |
| Profit after tax | −£983 | £6.3k |
| Profit (best available) | −£983 | £6.3k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | −5% | 15.4% |
| Gross margin | 81.2% | 66.6% |
| Growth (year on year) | ||
| Revenue growth | — | ▲108.6% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £2.4k | £8.7k |
| Net assets | −£2.4k | £3.9k |
| Fixed assets | £5.3k | £4.2k |
| Current assets | £2.4k | £11.5k |
| Debtors | £0 | £2.8k |
| Source | FullAccounts · bulk data Feb 2026 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 15.4%
- Profit ÷ revenue.
- Gross margin
- 66.6%
- 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
- 10.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6.8%
- 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 £3.9k
- Cash at bank
- ▲267%
- Now £8.7k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼20%
- Now £4.2k
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- Staff
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Sources
Latest figures from FullAccounts for the year to 28 Feb 2026 (profit £6.3k), from the Companies House accounts bulk data published Aug 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.