G2-Well Community Interest Company
Registered name: G2-WELL COMMUNITY INTEREST COMPANY
G2-Well Community Interest Company made £11.3k revenue and a £4k loss in the year to 31 Aug 2024.
G2-Well Community Interest Company’s revenue fell 28% to £11.3k in the year to 31 Aug 2024, with a loss of £4k and 0 employees. The company is classified under “fitness facilities” and is based in Glasgow; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Glasgow, Scotland
- Age
- 10 yrs · since 2016
- 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 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £13.3k | £15.7k | £11.3k |
| Cost of sales | £5.8k | £5.7k | £5.5k |
| Gross profit | £7.5k | £10k | £5.8k |
| Operating profit | −£1.3k | £2.1k | −£3.5k |
| Profit before tax | −£1.7k | £1.4k | −£4k |
| Profit after tax | −£1.7k | £1.4k | −£4k |
| Profit (best available) | −£1.7k | £1.4k | −£4k |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | −12.8% | 9% | −35.6% |
| Gross margin | 56.5% | 63.7% | 51.2% |
| Growth (year on year) | |||
| Revenue growth | — | ▲17.7% | ▼28% |
| Profit growth | — | — | ▼384.1% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £921 | £900 | £4.7k |
| Net assets | −£1.6k | −£189 | −£4.2k |
| Current assets | £921 | £2.4k | £5.5k |
| Debtors | — | £1.5k | £761 |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data May 2025 |
How the business works
- Profit margin
- −35.6%
- Profit ÷ revenue.
- Gross margin
- 51.2%
- 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
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6.7%
- 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 −£4.2k
- Cash at bank
- ▲425%
- Now £4.7k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Aug 2024 (profit −£4k), from the Companies House accounts bulk data published May 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.