Veganwheels CIC
Registered name: VEGANWHEELS CIC
Veganwheels CIC made £29.9k revenue and £187 profit in the year to 31 Jan 2025.
Veganwheels CIC’s revenue grew 1197% to £29.9k in the year to 31 Jan 2025, with £187 profit and 5 employees. The company is classified under “other food services” and is based in Glasgow; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 6 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 Jan 2022 | 31 Jan 2023 | 31 Jan 2024 | 31 Jan 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £23.2k | £2.3k | £29.9k |
| Cost of sales | — | £20.6k | £2.1k | £28.3k |
| Gross profit | — | £2.6k | £231 | £1.6k |
| Operating profit | — | £1.8k | £166 | £187 |
| Profit before tax | — | £1.8k | £166 | £187 |
| Profit after tax | — | £1.8k | £166 | £187 |
| Profit (best available) | — | £1.8k | £166 | £187 |
| Employees (average) | 6 | 6 | 5 | 5 |
| Ratios | ||||
| Profit margin | — | 7.5% | 7.2% | 0.6% |
| Gross margin | — | 11.3% | 10% | 5.2% |
| Revenue per employee | — | £3.9k | £461 | £6k |
| Profit per employee | — | £292 | £33 | £37 |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼90.1% | ▲1197% |
| Profit growth | — | — | ▼90.5% | ▲12.7% |
| Headcount growth | — | 0% | ▼16.7% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.3k | £1.9k | £2.4k | £1 |
| Net assets | £1.3k | £1.9k | £2.4k | £1 |
| Fixed assets | £0 | £0 | £0 | — |
| Current assets | £1.3k | £1.9k | £2.4k | £1 |
| Debtors | £0 | £0 | £0 | — |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 0.6%
- Profit ÷ revenue.
- Gross margin
- 5.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £6k
- Revenue ÷ average employees.
- Profit per employee
- £37
- 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
- —
- 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
- ▼100%
- Now £1
- Cash at bank
- ▼100%
- Now £1
- Headcount
- 0%
- Now 5
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Jan 2025 (profit £187), from the Companies House accounts bulk data published Nov 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.