Veterans Tribe Scotland CIC
Registered name: VETERANS TRIBE SCOTLAND CIC
Veterans Tribe Scotland CIC made £4.7k revenue and a £33.1k loss in the year to 31 Mar 2023.
Veterans Tribe Scotland CIC’s revenue grew 123% to £4.7k in the year to 31 Mar 2023, with a loss of £33.1k and 0 employees. The company is classified under “retail sale via stalls and markets of other goods” and is based in Cupar; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Cupar, Scotland
- Age
- 5 yrs · since 2021
- 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 2022 | 31 Mar 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £2.1k | £4.7k |
| Cost of sales | £11.1k | £16.1k |
| Gross profit | −£9k | −£11.5k |
| Operating profit | £33.9k | −£33.1k |
| Profit before tax | £33.9k | −£33.1k |
| Profit after tax | £33.9k | −£33.1k |
| Profit (best available) | £33.9k | −£33.1k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | 1621% | −708.7% |
| Gross margin | −431.3% | −245.5% |
| Growth (year on year) | ||
| Revenue growth | — | ▲123% |
| Profit growth | — | ▼197.5% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £36.1k | £1.3k |
| Net assets | £33.9k | £837 |
| Current assets | £36.1k | £1.3k |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 |
How the business works
- Profit margin
- −708.7%
- Profit ÷ revenue.
- Gross margin
- −245.5%
- 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
- —
- 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
- ▼98%
- Now £837
- Cash at bank
- ▼96%
- Now £1.3k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from accounts for the year to 31 Mar 2023 (profit −£33.1k), from the Companies House accounts bulk data published Oct 2023. 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.