Sew Ready CIC
Registered name: SEW READY CIC
Sew Ready CIC made £68.4k revenue and £5.6k profit in the year to 31 Mar 2024.
Sew Ready CIC’s revenue grew 67% to £68.4k in the year to 31 Mar 2024, with £5.6k profit and 2 employees. The company is classified under “manufacture of other wearing apparel and accessories” and is based in Lisburn; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Lisburn, Northern Ireland
- Age
- 4 yrs · since 2022
- 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 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £40.9k | £68.4k |
| Cost of sales | £5.7k | £4.3k |
| Gross profit | £35.1k | £64.1k |
| Operating profit | £5.6k | £6.1k |
| Profit before tax | £5.6k | £6.1k |
| Profit after tax | £5.3k | £5.6k |
| Profit (best available) | £5.3k | £5.6k |
| Employees (average) | 2 | 2 |
| Ratios | ||
| Profit margin | 13% | 8.2% |
| Gross margin | 85.9% | 93.7% |
| Revenue per employee | £20.4k | £34.2k |
| Profit per employee | £2.7k | £2.8k |
| Growth (year on year) | ||
| Revenue growth | — | ▲67.5% |
| Profit growth | — | ▲5.3% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £10.8k | £33.4k |
| Net assets | £5.3k | £10.9k |
| Fixed assets | £4.2k | £7.5k |
| Current assets | £10.8k | £33.4k |
| Deferred income | £3.2k | £21.3k |
| Source | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2025 |
How the business works
- Profit margin
- 8.2%
- Profit ÷ revenue.
- Gross margin
- 93.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £34.2k
- Revenue ÷ average employees.
- Profit per employee
- £2.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 10.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 31.1%
- 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
- ▲105%
- Now £10.9k
- Cash at bank
- ▲210%
- Now £33.4k
- Headcount
- 0%
- Now 2
- Deferred income
- ▲572%
- Now £21.3k
- Fixed assets
- ▲79%
- Now £7.5k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Ktsews LtdCrewe · Manufacture of other wearing apparel and accessories n.e.c.
- Revenue
- £107k
- Profit
- £11.9k
- Staff
- 0
- Listen to the Sandwich LtdCollingham · Manufacture of other wearing apparel and accessories n.e.c.
- Revenue
- £116k
- Profit
- £33.9k
- Staff
- 2
- Ink Solve.com LtdSaffron Walden · Manufacture of other wearing apparel and accessories n.e.c.
- Revenue
- £122k
- Profit
- £16.8k
- Staff
- 5
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £5.6k), from the Companies House accounts bulk data published Mar 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.