Brighter Futures Initiative CIC
Registered name: BRIGHTER FUTURES INITIATIVE CIC
Brighter Futures Initiative CIC made £7k revenue and £7k profit in the year to 31 Jul 2025.
Brighter Futures Initiative CIC’s revenue fell 47% to £7k in the year to 31 Jul 2025, with £7k profit and 1 employee. The company is classified under “information technology consultancy activities” and is based in Glasgow; we hold 4 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Glasgow, Scotland
- Age
- 8 yrs · since 2018
- 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 Jul 2022 | 31 Jul 2023 | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | −£11k | −£11.5k | £13.1k | £7k |
| Gross profit | −£11k | −£11.5k | £13.1k | £7k |
| Operating profit | −£11k | −£11.5k | £13.1k | £7k |
| Profit before tax | −£11k | −£11.5k | £13.1k | £7k |
| Profit after tax | −£11k | −£11.5k | £13.1k | £7k |
| Profit (best available) | −£11k | −£11.5k | £13.1k | £7k |
| Employees (average) | 1 | 1 | 1 | 1 |
| Ratios | ||||
| Profit margin | 100% | 100% | 100% | 100% |
| Gross margin | 100% | 100% | 100% | 100% |
| Revenue per employee | −£11k | −£11.5k | £13.1k | £7k |
| Profit per employee | −£11k | −£11.5k | £13.1k | £7k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼46.7% |
| Profit growth | — | — | — | ▼46.7% |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | — | £35 | £1 | £1 |
| Net assets | −£11k | −£11.5k | −£13.1k | −£7k |
| Fixed assets | £2k | £1.7k | £1.4k | £1k |
| Current assets | — | £35 | £1 | £1 |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- 100%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £7k
- Revenue ÷ average employees.
- Profit per employee
- £7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 14.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- 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
- —
- Now −£7k
- Cash at bank
- 0%
- Now £1
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▼28%
- Now £1k
Sources
Latest figures from FullAccounts for the year to 31 Jul 2025 (profit £7k), from the Companies House accounts bulk data published May 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.