How much does Making Space make?

Making Space reported revenue of £30.8m and a loss of £1.4m in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Making Space have?

Making Space reported an average of 1,024 employees in the year to 31 Mar 2023.

Is Making Space profitable?

No — Making Space reported a loss of £1.4m in the year to 31 Mar 2023.

Company No. 01642033 · Incorporated 8 Jun 1982

Making Space

Registered name: MAKING SPACE

Making Space made £30.8m revenue and a £1.4m loss in the year to 31 Mar 2023.

Making Space’s revenue fell 2% to £30.8m in the year to 31 Mar 2023, with a loss of £1.4m and 1,024 employees. The company is classified under “hospital activities” and is based in Cheshire; we hold 2 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 86101Hospital activities SIC 87100Residential nursing care facilities SIC 87300Residential care activities for the elderly and disabled SIC 88100Social work activities without accommodation for the elderly and disabled

Status: Active
Location: Cheshire, North West
Age: 44 yrs · since 1982
Type: PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)

Latest accounts · year to 31 Mar 2023

Key figures

Independent

Revenue

£30.8m

Growth ▼1.5%

Profit

−£1.4m

Growth —

Profit margin

−4.4%

Gross −4.9%

Employees

1,024

Change ▼5.1%

Profit / employee

−£1.3k

Revenue/employee £30.1k

Profitable streak

0yrs

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 to	31 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£31.3m	£30.8m
Cost of sales	£32.2m	£32.3m
Gross profit	−£920k	−£1.5m
Operating profit	−£920k	−£1.5m
Profit before tax	−£873k	−£1.4m
Profit after tax	−£873k	−£1.4m
Profit (best available)	−£873k	−£1.4m
Employees (average)	1,079	1,024
Ratios
Profit margin	−2.8%	−4.4%
Gross margin	−2.9%	−4.9%
Revenue per employee	£29k	£30.1k
Profit per employee	−£809	−£1.3k
Growth (year on year)
Revenue growth	—	▼1.5%
Headcount growth	—	▼5.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.2m	£1.8m
Net assets	£17.9m	£16.6m
Fixed assets	£15.9m	£14.8m
Current assets	£7.1m	£5.3m
Debtors	£2.6m	£1.6m
Deferred income	£3.5m	£2.1m
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: −4.4%; Profit ÷ revenue.
Gross margin: −4.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £30.1k; Revenue ÷ average employees.
Profit per employee: −£1.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 48%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 5.1%; 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: ▼8%; Now £16.6m
Cash at bank: ▼43%; Now £1.8m
Headcount: ▼5%; Now 1,024
Deferred income: ▼39%; Now £2.1m
Fixed assets: ▼7%; Now £14.8m

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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2023 (profit −£1.4m), from the Companies House accounts bulk data published Dec 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.