House of Rainbow CIC
Registered name: HOUSE OF RAINBOW CIC
House of Rainbow CIC made £23.9k revenue and £1.5k profit in the year to 31 Jan 2024.
House of Rainbow CIC’s revenue grew 75% to £23.9k in the year to 31 Jan 2024, with £1.5k profit and 1 employee. The company is classified under “activities of religious organizations” and is based in Manchester; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Manchester, North West
- Age
- 11 yrs · since 2015
- Type
- Community Interest Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2022 | 31 Jan 2023 | 31 Jan 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £78.7k | £13.7k | £23.9k |
| Cost of sales | £0 | £0 | £0 |
| Gross profit | £78.7k | £13.7k | £23.9k |
| Operating profit | £0 | −£1.6k | £1.8k |
| Profit before tax | £0 | −£1.6k | £1.8k |
| Profit after tax | £87 | −£1.4k | £1.5k |
| Profit (best available) | £87 | −£1.4k | £1.5k |
| Employees (average) | 3 | 2 | 1 |
| Ratios | |||
| Profit margin | 0.1% | −9.9% | 6.3% |
| Gross margin | 100% | 100% | 100% |
| Revenue per employee | £26.2k | £6.8k | £23.9k |
| Profit per employee | £29 | −£680 | £1.5k |
| Growth (year on year) | |||
| Revenue growth | — | ▼82.6% | ▲74.8% |
| Profit growth | — | ▼1663% | — |
| Headcount growth | — | ▼33.3% | ▼50% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £5.1k | £1.8k | £3.2k |
| Net assets | £3.4k | £2.1k | £3.6k |
| Fixed assets | £1.5k | £875 | £1.4k |
| Current assets | £5.1k | £2k | £3.4k |
| Debtors | — | £142 | £164 |
| Deferred income | £1.3k | £593 | — |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2025 |
How the business works
- Profit margin
- 6.3%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £23.9k
- Revenue ÷ average employees.
- Profit per employee
- £1.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.7%
- 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
- ▲73%
- Now £3.6k
- Cash at bank
- ▲77%
- Now £3.2k
- Headcount
- ▼50%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▲56%
- Now £1.4k
Sources
Latest figures from FullAccounts for the year to 31 Jan 2024 (profit £1.5k), from the Companies House accounts bulk data published Jan 2025. 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.