How much does The Skills and Business Hub Limited make?

The Skills and Business Hub Limited reported revenue of £1.9m and a loss of £61.8k in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does The Skills and Business Hub Limited have?

The Skills and Business Hub Limited reported an average of 24 employees in the year to 31 Mar 2023.

Is The Skills and Business Hub Limited profitable?

No — The Skills and Business Hub Limited reported a loss of £61.8k in the year to 31 Mar 2023.

Company No. 07885051 · Incorporated 16 Dec 2011

The Skills and Business Hub Limited

Registered name: THE SKILLS AND BUSINESS HUB LIMITED

The Skills and Business Hub Limited made £1.9m revenue and a £61.8k loss in the year to 31 Mar 2023.

The Skills and Business Hub Limited’s revenue fell 15% to £1.9m in the year to 31 Mar 2023, with a loss of £61.8k and 24 employees. The company is classified under “other business support service activities” and is based in Maidenhead; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: Maidenhead, South East
Age: 14 yrs · since 2011
Type: PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)

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

IndependentCapital-light

Revenue

£1.9m

Growth ▼15.1%

Profit

−£61.8k

Growth ▼140.1%

Profit margin

−3.2%

Gross 71.7%

Employees

Change ▲9.1%

Profit / employee

−£2.6k

Revenue/employee £79.5k

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)	£2.2m	£1.9m
Cost of sales	£324k	£541k
Gross profit	£1.9m	£1.4m
Operating profit	£154k	−£62k
Profit before tax	£154k	−£61.7k
Profit after tax	£154k	−£61.8k
Profit (best available)	£154k	−£61.8k
Employees (average)	22	24
Ratios
Profit margin	6.9%	−3.2%
Gross margin	85.6%	71.7%
Revenue per employee	£102k	£79.5k
Profit per employee	£7k	−£2.6k
Growth (year on year)
Revenue growth	—	▼15.1%
Profit growth	—	▼140.1%
Headcount growth	—	▲9.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£759k	£222k
Net assets	£1.2m	£1.1m
Fixed assets	£0	£8.7k
Current assets	£14.7m	£13m
Debtors	£99k	£565k
Deferred income	£21k	£52.9k
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2024

Derived from the latest filing

How the business works

Profit margin: −3.2%; Profit ÷ revenue.
Gross margin: 71.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £79.5k; Revenue ÷ average employees.
Profit per employee: −£2.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 29.6%; 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: ▼5%; Now £1.1m
Cash at bank: ▼71%; Now £222k
Headcount: ▲9%; Now 24
Deferred income: ▲152%; Now £52.9k
Fixed assets: —; Now £8.7k

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 accounts for the year to 31 Mar 2023 (profit −£61.8k), from the Companies House accounts bulk data published Mar 2024. 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.