Northern Race & Drift CIC
Northern race & drift is open to all the local community and surrounding areas, we also have people traveling from abroad and around country to visit the venue, during the last year we have held men’s mental health evenings and work- shops on how to build radio controlled cars properly and how to drift for beginners, we have also held in house competitions all this benefits the younger generation and new drifters as to help them be in control better and take part in groups and learn how to socialise as we have a lot of people with disabilities who attend ,all this has helped the local community by bringing trade to the surrounding areas such as: *petrol stations, hotels, local shops, restaurants and fast- food places *it helps promotes family and hobby time in a safe environment and adults get to interact with each other. *helps other children meet new friends with the same hobby. *keeps children off the streets safe and out of trouble and learning new skills and qualities.
Revenue
£25k
▼ -15.2% vs prior ~12m period
Profit after tax
-£494
Margin -1.9%
Employees
2
– 0.0% vs prior ~12m period
Net assets
-£5k
Total assets £6k
Financial history
Revenue by accounting period
6 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Oct 2025 | — | — | — | 2 | -£5k |
| 31 Oct 2024 | £25k | ▼ -15.2% | -£494 | 2 | -£7k |
| 31 Oct 2023 | £30k | ▲ +99.5% | £1k | 2 | -£6k |
| 31 Oct 2022 | £15k | ▼ -53.3% | -£7k | 2 | -£7k |
| 31 Oct 2021 | £32k | ▲ +143.1% | £10k | 2 | -£152 |
| 31 Oct 2020 | £13k | — | -£1k | 4 | -£10k |
Latest available figures
Period ending 31 Oct 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £25k
- Gross profit
- £25k
- Operating profit
- -£494
- Profit before tax
- -£494
- Profit after tax
- -£494
Balance sheet
- Total assets
- £6k
- Cash
- £6k
- Total liabilities
- £11k
- Net assets
- -£5k
- Revenue per employee
- Not available
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