Making Futures Cic

Making Futures CIC is a small, family-run social enterprise based in Sale, UK, with an active trading status. Founded five years ago in 2020, the company has £12,144 in assets and generates £5,628 in yearly revenue. It operates from a real address and is overseen by four directors and two owners.

The company’s website highlights a focus on creative arts and education. It offers City & Guilds study programmes, textile craft workshops, and creative enterprise support. A key element is its work with various groups to improve health, wellbeing, self-esteem, and employability through creative arts. The site also mentions mentoring for new creative enterprises, particularly those facing barriers to employment. The business seems to be focused on both direct-to-customer learning and supporting wider community initiatives.

Financially, Making Futures CIC shows some positive trends. Turnover increased by 60% to £5,600, and gross profit rose significantly by 96% to £5,600. Operating profit also turned positive, increasing by 200% to £1,300. However, cash reserves dropped 230% to £12,000, and net assets only increased by 150% to £2,300. Creditors increased by 260%, reaching £9,900, which could indicate increased reliance on trade credit. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and no employees reported. As a small company, it’s exempt from an audit, so the figures are unaudited. It’s worth noting that the company’s retained earnings accumulated losses increased by 150% to £2,300.

Registered in England/Wales under the registration number 12509474, with a registered address at M33 4FR, England, Sale, 7 Fonthill Grove.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.