How much does The Mental Health Foundation make?

The Mental Health Foundation reported revenue of £7.4m and a loss of £4.1m in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does The Mental Health Foundation have?

The Mental Health Foundation reported an average of 145 employees in the year to 31 Mar 2023.

Is The Mental Health Foundation profitable?

No — The Mental Health Foundation reported a loss of £4.1m in the year to 31 Mar 2023.

Company No. 02350846 · Incorporated 22 Feb 1989

The Mental Health Foundation

Registered name: THE MENTAL HEALTH FOUNDATION

The Mental Health Foundation made £7.4m revenue and a £4.1m loss in the year to 31 Mar 2023.

The Mental Health Foundation’s revenue fell 31% to £7.4m in the year to 31 Mar 2023, with a loss of £4.1m and 145 employees. The company is classified under “other human health activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 86900Other human health activities

Status: Active
Location: London, London
Age: 37 yrs · since 1989
Type: PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)

Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. It is excluded from our opportunity lists.

Latest accounts · year to 31 Mar 2023

Key figures

Independent

Revenue

£7.4m

Growth ▼31%

Profit

−£4.1m

Growth ▼1079%

Profit margin

−55%

Gross 75.9%

Employees

145

Change ▲6.6%

Profit / employee

−£28k

Revenue/employee £50.9k

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)	£10.7m	£7.4m
Cost of sales	£1.6m	£1.8m
Gross profit	£9.1m	£5.6m
Operating profit	−£173k	−£3.7m
Profit before tax	£414k	−£4.1m
Profit after tax	£414k	−£4.1m
Profit (best available)	£414k	−£4.1m
Employees (average)	136	145
Ratios
Profit margin	3.9%	−55%
Gross margin	84.9%	75.9%
Revenue per employee	£78.6k	£50.9k
Profit per employee	£3k	−£28k
Growth (year on year)
Revenue growth	—	▼31%
Profit growth	—	▼1079%
Headcount growth	—	▲6.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.8m	£522k
Net assets	£18.9m	£14.9m
Fixed assets	£14.8m	£12.3m
Current assets	£2.1m	£848k
Debtors	£310k	£326k
Deferred income	£0	£0
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: −55%; Profit ÷ revenue.
Gross margin: 75.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £50.9k; Revenue ÷ average employees.
Profit per employee: −£28k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 167%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4.4%; 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: ▼21%; Now £14.9m
Cash at bank: ▼70%; Now £522k
Headcount: ▲7%; Now 145
Deferred income: —; Now £0
Fixed assets: ▼17%; Now £12.3m

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 −£4.1m), 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.