Loddon Homes Limited
Registered name: LODDON HOMES LIMITED
Part of Wokingham Borough Council groupLoddon Homes Limited made £1.7m revenue and a £68.9k loss in the year to 31 Mar 2024.
Loddon Homes Limited’s revenue fell 34% to £1.7m in the year to 31 Mar 2024, with a loss of £68.9k and 14 employees. The company is classified under “buying and selling of own real estate” and is based in Wokingham; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Wokingham, South East
- Age
- 12 yrs · since 2014
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £4.6m | £2.6m | £1.7m |
| Profit after tax | £118k | £161k | −£68.9k |
| Profit (best available) | £118k | £161k | −£68.9k |
| Staff costs | £178k | £219k | £274k |
| Employees (average) | 9 | 13 | 14 |
| Ratios | |||
| Profit margin | 2.6% | 6.2% | −4% |
| Revenue per employee | £508k | £199k | £122k |
| Profit per employee | £13.1k | £12.4k | −£4.9k |
| Growth (year on year) | |||
| Revenue growth | — | ▼43.4% | ▼34.2% |
| Profit growth | — | ▲36.5% | ▼142.9% |
| Headcount growth | — | ▲44.4% | ▲7.7% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £3.9m | £1.5m | £1.5m |
| Net assets | −£585k | −£424k | −£493k |
| Current assets | £4.4m | £1.9m | £1.7m |
| Debtors | £315k | £252k | £140k |
| Deferred income | £21.8m | £21.3m | £20.8m |
| Cash from operations | £2.7m | −£178k | £591k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- −4%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £122k
- Revenue ÷ average employees.
- Profit per employee
- −£4.9k
- 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
- 1225%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8.2%
- Money owed by customers. Low = customers pay quickly.
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
- —
- Now −£493k
- Cash at bank
- ▼3%
- Now £1.5m
- Headcount
- ▲8%
- Now 14
- Deferred income
- ▼2%
- Now £20.8m
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Wokingham Borough Council (registered outside the UK register)ultimate parent75–100%
- WBC (Holdings) Limited75–100%
- Loddon Homes Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Berry Brook Homes LimitedRev. £977k · Profit −£156k
- Wokingham Housing LimitedRev. — · Profit −£68k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit −£68.9k), from the Companies House accounts bulk data published Dec 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.