Driftwood Cinema C.I.C.
Registered name: DRIFTWOOD CINEMA C.I.C.
Driftwood Cinema C.I.C. made £10.3k revenue and £9.4k profit in the year to 28 Feb 2026.
Driftwood Cinema C.I.C.’s revenue fell 43% to £10.3k in the year to 28 Feb 2026, with £9.4k profit and 1 employee. The company is classified under “operation of arts facilities” and is based in Newton Stewart; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Newton Stewart, Scotland
- Age
- 11 yrs · since 2015
- 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 2022 | 28 Feb 2023 | 28 Feb 2024 | 28 Feb 2025 | 28 Feb 2026 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £9.6k | £23.5k | £14.7k | £17.9k | £10.3k |
| Cost of sales | £19.8k | £28.7k | £15.2k | £23.9k | £11k |
| Gross profit | −£10.2k | −£5.2k | −£474 | −£6k | −£770 |
| Operating profit | £8.5k | −£988 | −£5.2k | −£15.4k | £10.1k |
| Profit before tax | £8.5k | −£988 | −£5.2k | −£15.4k | £10.1k |
| Profit after tax | £7.2k | −£564 | −£4k | −£14.5k | £9.4k |
| Profit (best available) | £7.2k | −£564 | −£4k | −£14.5k | £9.4k |
| Employees (average) | 2 | 2 | 3 | 1 | 1 |
| Ratios | |||||
| Profit margin | 74.4% | −2.4% | −27.5% | −81% | 91.4% |
| Gross margin | −105.4% | −22.3% | −3.2% | −33.4% | −7.5% |
| Revenue per employee | £4.8k | £11.7k | £4.9k | £17.9k | £10.3k |
| Profit per employee | £3.6k | −£282 | −£1.3k | −£14.5k | £9.4k |
| Growth (year on year) | |||||
| Revenue growth | — | ▲143.6% | ▼37.2% | ▲21.6% | ▼42.7% |
| Profit growth | — | ▼107.9% | — | — | — |
| Headcount growth | — | 0% | ▲50% | ▼66.7% | 0% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £15.1k | £19.3k | £14.4k | £18.1k | £14.4k |
| Net assets | £18.8k | £18.2k | £14.2k | −£334 | £9k |
| Fixed assets | £7.8k | £10.8k | £25.6k | £22.1k | £17.7k |
| Current assets | £15.1k | £21.5k | £16.9k | £18.5k | £15.5k |
| Debtors | — | £125 | £1.5k | £438 | £1.1k |
| Deferred income | £400 | £410 | £570 | £600 | £756 |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Jan 2026 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 91.4%
- Profit ÷ revenue.
- Gross margin
- −7.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £10.3k
- Revenue ÷ average employees.
- Profit per employee
- £9.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 172.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 7.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11%
- 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 £9k
- Cash at bank
- ▼20%
- Now £14.4k
- Headcount
- 0%
- Now 1
- Deferred income
- ▲26%
- Now £756
- Fixed assets
- ▼20%
- Now £17.7k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Sources
Latest figures from FullAccounts for the year to 28 Feb 2026 (profit £9.4k), 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.