How much does First Priority Housing Association Limited make?

First Priority Housing Association Limited reported revenue of £5.7m and £9.5k profit in the year to 28 Feb 2023, according to its accounts filed at Companies House.

How many employees does First Priority Housing Association Limited have?

First Priority Housing Association Limited reported an average of 1 employee in the year to 28 Feb 2023.

Is First Priority Housing Association Limited profitable?

Yes — First Priority Housing Association Limited reported a profit of £9.5k in the year to 28 Feb 2023.

Company No. 07749192

First Priority Housing Association LimitedDissolved

Registered name: FIRST PRIORITY HOUSING ASSOCIATION LIMITED

First Priority Housing Association Limited made £5.7m revenue and £9.5k profit in the year to 28 Feb 2023. read from filing text

First Priority Housing Association Limited’s revenue grew 14% to £5.7m in the year to 28 Feb 2023, with £9.5k profit and 1 employee. We hold 2 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Last filed accounts · year to 28 Feb 2023

Key figures

IndependentSmall teamCash flow filed

Revenue

£5.7m

Growth ▲13.8%

Profit

£9.5k

Growth ▼76.2%

Profit margin

0.2%

Gross 16%

Employees

Change 0%

Profit / employee

£9.5k

Revenue/employee £5.7m

Profitable streak

2yrs

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	28 Feb 2022	28 Feb 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£5m	£5.7m
Cost of sales	£4.1m	£4.8m
Gross profit	£973k	£916k
Profit before tax	£39.8k	£9.5k
Profit after tax	£39.8k	£9.5k
Profit (best available)	£39.8k	£9.5k
Employees (average)	1	1
Ratios
Profit margin	0.8%	0.2%
Gross margin	19.3%	16%
Revenue per employee	£5m	£5.7m
Profit per employee	£39.8k	£9.5k
Growth (year on year)
Revenue growth	—	▲13.8%
Profit growth	—	▼76.2%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£635k	£777k
Net assets	£538k	£547k
Current assets	£1.2m	£1.5m
Debtors	£302k	£441k
Deferred income	£76.9k	£155k
Cash from operations	£201k	−£142k
Source	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2023

Derived from the latest filing

How the business works

Profit margin: 0.2%; Profit ÷ revenue.
Gross margin: 16%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £5.7m; Revenue ÷ average employees.
Profit per employee: £9.5k; 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: 2.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.7%; 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: ▲2%; Now £547k
Cash at bank: ▲22%; Now £777k
Headcount: 0%; Now 1
Deferred income: ▲102%; Now £155k
Fixed assets: —; Now —

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 28 Feb 2023 (profit £9.5k), from the Companies House accounts bulk data published Nov 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.