How much does Friends First make?

Friends First reported revenue of £132k and a loss of £427 in the year to 31 Aug 2025, according to its accounts filed at Companies House.

How many employees does Friends First have?

Friends First reported an average of 2 employees in the year to 31 Aug 2025.

Is Friends First profitable?

No — Friends First reported a loss of £427 in the year to 31 Aug 2025.

Company No. 04402061 · Incorporated 22 Mar 2002

Friends First

Registered name: FRIENDS FIRST

Friends First made £132k revenue and a £427 loss in the year to 31 Aug 2025.

Friends First’s revenue grew 3% to £132k in the year to 31 Aug 2025, with a loss of £427 and 2 employees. The company is classified under “residential care activities for learning difficulties, mental health and substance abuse” and is based in East Sussex; we hold 2 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 87200Residential care activities for learning difficulties, mental health and substance abuse SIC 87900Other residential care activities n.e.c.SIC 88990Other social work activities without accommodation n.e.c.

Status: Active
Location: East Sussex, South East
Age: 24 yrs · since 2002
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 Aug 2025

Key figures

IndependentSmall team

Revenue

£132k

Growth ▲2.6%

Profit

−£427

Growth —

Profit margin

−0.3%

Gross −0.3%

Employees

Change 0%

Profit / employee

−£214

Revenue/employee £66k

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 Aug 2024	31 Aug 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£129k	£132k
Cost of sales	£134k	£132k
Gross profit	−£4.9k	−£427
Operating profit	−£4.9k	−£427
Profit before tax	−£4.9k	−£427
Profit after tax	−£4.9k	−£427
Profit (best available)	−£4.9k	−£427
Employees (average)	2	2
Ratios
Profit margin	−3.8%	−0.3%
Gross margin	−3.8%	−0.3%
Revenue per employee	£64.3k	£66k
Profit per employee	−£2.5k	−£214
Growth (year on year)
Revenue growth	—	▲2.6%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£50.9k	£50.5k
Net assets	£50.9k	£50.5k
Current assets	£50.9k	£50.5k
Source	FullAccounts · bulk data May 2026	FullAccounts · bulk data May 2026

Derived from the latest filing

How the business works

Profit margin: −0.3%; Profit ÷ revenue.
Gross margin: −0.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £66k; Revenue ÷ average employees.
Profit per employee: −£214; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: ▼1%; Now £50.5k
Cash at bank: ▼1%; Now £50.5k
Headcount: 0%; Now 2
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Aug 2025 (profit −£427), from the Companies House accounts bulk data published May 2026. 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.