Newry Cycle Recycle C.I.C.
Registered name: NEWRY CYCLE RECYCLE C.I.C.
Newry Cycle Recycle C.I.C. made £20.2k revenue and a £2k loss in the year to 31 Mar 2025.
Newry Cycle Recycle C.I.C.’s revenue fell 16% to £20.2k in the year to 31 Mar 2025, with a loss of £2k and 1 employee. The company is classified under “retail sale of sports goods, fishing gear, camping goods, boats and bicycles” and is based in Newry; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Newry, Northern Ireland
- Age
- 5 yrs · since 2020
- 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 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £24.3k | £24k | £20.2k |
| Cost of sales | £2.4k | £7.6k | £4.9k |
| Gross profit | £21.8k | £16.4k | £15.3k |
| Operating profit | £6.3k | −£1.3k | −£2k |
| Profit before tax | £6.3k | −£1.3k | −£2k |
| Profit after tax | £6.9k | −£1.3k | −£2k |
| Profit (best available) | £6.9k | −£1.3k | −£2k |
| Employees (average) | 1 | 1 | 1 |
| Ratios | |||
| Profit margin | 28.3% | −5.2% | −9.8% |
| Gross margin | 90% | 68.5% | 75.6% |
| Revenue per employee | £24.3k | £24k | £20.2k |
| Profit per employee | £6.9k | −£1.3k | −£2k |
| Growth (year on year) | |||
| Revenue growth | — | ▼1.1% | ▼15.7% |
| Profit growth | — | ▼118.3% | — |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £694 | £142 | £311 |
| Net assets | £9.7k | £8k | £7.2k |
| Fixed assets | £14.2k | £12.1k | £10.3k |
| Current assets | £10.6k | £7.6k | £6.3k |
| Debtors | £580 | £1 | £1 |
| Source | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- −9.8%
- Profit ÷ revenue.
- Gross margin
- 75.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £20.2k
- Revenue ÷ average employees.
- Profit per employee
- −£2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 50.8%
- 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
- ▼9%
- Now £7.2k
- Cash at bank
- ▲119%
- Now £311
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▼15%
- Now £10.3k
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£2k), from the Companies House accounts bulk data published Sep 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.