Hope Meadows Equine Assisted Recovery CIC
Registered name: HOPE MEADOWS EQUINE ASSISTED RECOVERY CIC
Hope Meadows Equine Assisted Recovery CIC made £49k revenue and a £3k loss in the year to 31 Jan 2024.
Hope Meadows Equine Assisted Recovery CIC’s revenue grew 71% to £49k in the year to 31 Jan 2024, with a loss of £3k and 6 employees. The company is classified under “other human health activities” and is based in Lincoln; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Lincoln, East Midlands
- Age
- 6 yrs · since 2020
- 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) | £7.7k | £28.6k | £49k |
| Cost of sales | £4k | £19.2k | £31.4k |
| Gross profit | £3.7k | £9.4k | £17.6k |
| Operating profit | −£356 | £1.5k | −£3.1k |
| Profit before tax | −£356 | £1.5k | −£3k |
| Profit after tax | −£356 | £1.3k | −£3k |
| Profit (best available) | −£356 | £1.3k | −£3k |
| Employees (average) | 0 | 1 | 6 |
| Ratios | |||
| Profit margin | −4.6% | 4.4% | −6.2% |
| Gross margin | 47.8% | 32.8% | 36% |
| Revenue per employee | — | £28.6k | £8.2k |
| Profit per employee | — | £1.3k | −£508 |
| Growth (year on year) | |||
| Revenue growth | — | ▲272.4% | ▲71.2% |
| Profit growth | — | — | ▼342.2% |
| Headcount growth | — | — | ▲500% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £5.1k | £10.5k | £12.1k |
| Net assets | −£356 | £903 | −£2.1k |
| Fixed assets | £0 | £0 | £0 |
| Current assets | £5.3k | £10.9k | £13.2k |
| Debtors | £200 | £200 | £0 |
| Deferred income | £5.2k | £9.7k | £0 |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2024 |
How the business works
- Profit margin
- −6.2%
- Profit ÷ revenue.
- Gross margin
- 36%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £8.2k
- Revenue ÷ average employees.
- Profit per employee
- −£508
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▼338%
- Now −£2.1k
- Cash at bank
- ▲15%
- Now £12.1k
- Headcount
- ▲500%
- Now 6
- Deferred income
- ▼100%
- Now £0
- Fixed assets
- —
- Now £0
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
Latest figures from FullAccounts for the year to 31 Jan 2024 (profit −£3k), from the Companies House accounts bulk data published Oct 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.