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Company No. 14249054 · Incorporated 21 Jul 2022

Riverlution by RSC CIC

Registered name: RIVERLUTION BY RSC CIC

Riverlution by RSC CIC made £243k revenue and £15.9k profit in the year to 31 Mar 2024.

Riverlution by RSC CIC’s revenue was £243k in the year to 31 Mar 2024, with £15.9k profit and 5 employees. The company is classified under “technical and vocational secondary education” and is based in Sheffield; we hold 2 years of its filed accounts.

Status
Active
Location
Sheffield, Yorkshire and The Humber
Age
4 yrs · since 2022
Type
Community Interest Company
Latest accounts · year to 31 Mar 2024

Key figures

IndependentSmall teamYoung and profitable
Revenue
£243k
Growth —
Profit
£15.9k
Growth —
Profit margin
6.6%
Gross 48.9%
Employees
5
Change —
Profit / employee
£3.2k
Revenue/employee £48.6k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202331 Mar 2024
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£136k£243k
Cost of sales£49.2k£124k
Gross profit£87.1k£119k
Operating profit£5.1k£19.7k
Profit before tax£5.1k£19.7k
Profit after tax£4.1k£15.9k
Profit (best available)£4.1k£15.9k
Employees (average)25
Ratios
Profit margin3%6.6%
Gross margin63.9%48.9%
Revenue per employee£68.1k£48.6k
Profit per employee£2.1k£3.2k
Balance sheet — indirect signals, not revenue
Cash at bank£1.8k£31.3k
Net assets£4.1k£20.1k
Current assets£7.3k£58.3k
Debtors£4.4k£16.2k
Deferred income£966£17.9k
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024
Derived from the latest filing

How the business works

Profit margin
6.6%
Profit ÷ revenue.
Gross margin
48.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£48.6k
Revenue ÷ average employees.
Profit per employee
£3.2k
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
7.4%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
6.7%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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 £20.1k
Cash at bank
—
Now £31.3k
Headcount
—
Now 5
Deferred income
—
Now £17.9k
Fixed assets
—
Now —

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £15.9k), from the Companies House accounts bulk data published Dec 2024. 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.