How much does 1st Housing Solution C.I.C. make?

1st Housing Solution C.I.C. reported revenue of £219k and a loss of £11.7k in the year to 30 Apr 2023, according to its accounts filed at Companies House.

How many employees does 1st Housing Solution C.I.C. have?

1st Housing Solution C.I.C. reported an average of 0 employees in the year to 30 Apr 2023.

Is 1st Housing Solution C.I.C. profitable?

No — 1st Housing Solution C.I.C. reported a loss of £11.7k in the year to 30 Apr 2023.

Company No. 11930041 · Incorporated 6 Apr 2019

1st Housing Solution C.I.C.

Registered name: 1ST HOUSING SOLUTION C.I.C.

1st Housing Solution C.I.C. made £219k revenue and a £11.7k loss in the year to 30 Apr 2023.

1st Housing Solution C.I.C.’s revenue grew 81% to £219k in the year to 30 Apr 2023, with a loss of £11.7k and 0 employees. The company is classified under “other accommodation” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 55900Other accommodation SIC 68201Renting and operating of Housing Association real estate

Status: Active - Proposal to Strike off
Location: London, London
Age: 7 yrs · since 2019
Type: Community Interest Company

Latest accounts · year to 30 Apr 2023

Key figures

IndependentSmall team

Revenue

£219k

Growth ▲81%

Profit

−£11.7k

Growth —

Profit margin

−5.3%

Gross 100%

Employees

Change —

Profit / employee

—

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	30 Apr 2022	30 Apr 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£121k	£219k
Gross profit	£121k	£219k
Operating profit	−£4.4k	−£11.7k
Profit before tax	−£4.4k	−£11.7k
Profit after tax	−£4.4k	−£11.7k
Profit (best available)	−£4.4k	−£11.7k
Employees (average)	0	0
Ratios
Profit margin	−3.6%	−5.3%
Gross margin	100%	100%
Growth (year on year)
Revenue growth	—	▲81%
Balance sheet — indirect signals, not revenue
Cash at bank	£24.6k	£2k
Net assets	−£30.8k	−£42.5k
Current assets	£24.6k	£2k
Source	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2024

Derived from the latest filing

How the business works

Profit margin: −5.3%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; 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: —; 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 −£42.5k
Cash at bank: ▼92%; Now £2k
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Apr 2023 (profit −£11.7k), from the Companies House accounts bulk data published Apr 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.