Sea Change South Shields CIC

Active11892253HospitalityIncorporated 19 Mar 2019 · South Shields

The company's principal activity during the year continued to be the operation of an unlicensed restaurant, cafe and arts facility for the purpose of educational support for staff and users with learning disabilities.

Revenue

£134k

▲ +44.5% vs prior ~12m period

Profit after tax

-£2k

Margin -3.4%

Employees

15

▲ +36.4% vs prior ~12m period

Net assets

£19k

Total assets £53k

Financial history

Revenue by accounting period

4 periods available · ▲ growth ▼ decline

Mar 2021
£43k
Mar 2022
£93k▲ +114.2%
Mar 2024
£93k
Mar 2025
£134k▲ +44.5%
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Mar 2025£134k▲ +44.5%-£4k15£19k
31 Mar 2024£93k—£14k11£21k
31 Mar 2022£93k▲ +114.2%£24k1£32k
31 Mar 2021£43k—£8k2£13k

Some periods are not about 12 months apart, usually because the company changed its year end or the register holds more than one set of accounts for a year. Growth is shown only against a prior period roughly 12 months earlier.

Latest available figures

Period ending 31 Mar 2025. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£134k
Gross profit
£49k
Operating profit
-£5k
Profit before tax
-£4k
Profit after tax
-£2k

Balance sheet

Total assets
£53k
Cash
£27k
Total liabilities
£35k
Net assets
£19k
Revenue per employee
£9k

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