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Company No. 08965500 · Incorporated 28 Mar 2014

Birchover Residences Limited

Registered name: BIRCHOVER RESIDENCES LIMITED

Part of The Owl Shed Limited group

Birchover Residences Limited made £1m revenue and a £43.3k loss in the year to 31 Dec 2023.

Birchover Residences Limited’s revenue grew 8% to £1m in the year to 31 Dec 2023, with a loss of £43.3k and 16 employees. The company is classified under “other letting and operating of own or leased real estate” and is based in Milton Keynes; we hold 2 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68209Other letting and operating of own or leased real estate
Status
Liquidation
Location
Milton Keynes, 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.

Latest accounts · year to 31 Dec 2023

Key figures

Capital-light
Revenue
£1m
Growth ▲7.8%
Profit
−£43.3k
Growth ▼195.8%
Profit margin
−4.2%
Gross 12.1%
Employees
16
Change 0%
Profit / employee
−£2.7k
Revenue/employee £63.9k
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 to31 Dec 202231 Dec 2023
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£948k£1m
Cost of sales£765k£899k
Gross profit£183k£123k
Operating profit£64.3k−£8.6k
Profit after tax£45.1k−£43.3k
Profit (best available)£45.1k−£43.3k
Employees (average)1616
Ratios
Profit margin4.8%−4.2%
Gross margin19.3%12.1%
Revenue per employee£59.2k£63.9k
Profit per employee£2.8k−£2.7k
Growth (year on year)
Revenue growth—▲7.8%
Profit growth—▼195.8%
Headcount growth—0%
Balance sheet — indirect signals, not revenue
Cash at bank£10.1k£18.8k
Net assets−£654k−£698k
Fixed assets£6k£6.7k
Current assets£57.4k£47.5k
Debtors£2.5k£7.3k
Deferred income£163k£153k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024
Derived from the latest filing

How the business works

Profit margin
−4.2%
Profit ÷ revenue.
Gross margin
12.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£63.9k
Revenue ÷ average employees.
Profit per employee
−£2.7k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
15%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0.7%
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
—
Now −£698k
Cash at bank
▲87%
Now £18.8k
Headcount
0%
Now 16
Deferred income
▼6%
Now £153k
Fixed assets
▲13%
Now £6.7k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. The Owl Shed Limitedultimate parent75–100%
  2. Birchover Residences Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£43.3k), from the Companies House accounts bulk data published Sep 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.