How much does Hub Weston CIC make?

Hub Weston CIC reported revenue of £370k and a loss of £33.1k in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does Hub Weston CIC have?

Hub Weston CIC reported an average of 21 employees in the year to 31 Mar 2024.

Is Hub Weston CIC profitable?

No — Hub Weston CIC reported a loss of £33.1k in the year to 31 Mar 2024.

Company No. 10598139 · Incorporated 2 Feb 2017

Hub Weston CIC

Registered name: HUB WESTON CIC

Hub Weston CIC made £370k revenue and a £33.1k loss in the year to 31 Mar 2024.

Hub Weston CIC’s revenue grew 16% to £370k in the year to 31 Mar 2024, with a loss of £33.1k and 21 employees. The company is classified under “unlicensed restaurants and cafes” and is based in Weston-Super-Mare; we hold 3 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56102Unlicensed restaurants and cafes SIC 56302Public houses and bars SIC 82990Other business support service activities n.e.c.SIC 87900Other residential care activities n.e.c.

Status: Active
Location: Weston-Super-Mare, South West
Age: 9 yrs · since 2017
Type: Community Interest Company

Latest accounts · year to 31 Mar 2024

Key figures

IndependentDoing more with less

Revenue

£370k

Growth ▲15.7%

Profit

−£33.1k

Growth —

Profit margin

−8.9%

Gross 80.5%

Employees

Change ▼12.5%

Profit / employee

−£1.6k

Revenue/employee £17.6k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
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)	£267k	£320k	£370k
Cost of sales	£55.2k	£69.2k	£72.2k
Gross profit	£212k	£251k	£298k
Operating profit	£18k	−£59k	−£33.1k
Profit before tax	£16.2k	−£59.9k	−£33.1k
Profit after tax	£12.4k	−£59.9k	−£33.1k
Profit (best available)	£12.4k	−£59.9k	−£33.1k
Employees (average)	54	24	21
Ratios
Profit margin	4.7%	−18.7%	−8.9%
Gross margin	79.3%	78.4%	80.5%
Revenue per employee	£4.9k	£13.3k	£17.6k
Profit per employee	£230	−£2.5k	−£1.6k
Growth (year on year)
Revenue growth	—	▲19.8%	▲15.7%
Profit growth	—	▼581.4%	—
Headcount growth	—	▼55.6%	▼12.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£106k	£31.8k	£2.3k
Net assets	£23.5k	−£36.5k	−£70.1k
Fixed assets	£268k	£265k	£258k
Current assets	£109k	£33.4k	£2.3k
Debtors	£3.2k	£1.6k	—
Deferred income	£786	£833	£850
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2025

Derived from the latest filing

How the business works

Profit margin: −8.9%; Profit ÷ revenue.
Gross margin: 80.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £17.6k; Revenue ÷ average employees.
Profit per employee: −£1.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 69.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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 −£70.1k
Cash at bank: ▼93%; Now £2.3k
Headcount: ▼13%; Now 21
Deferred income: ▲2%; Now £850
Fixed assets: ▼2%; Now £258k

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 FullAccounts for the year to 31 Mar 2024 (profit −£33.1k), 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.