Changing Hands C.I.C.
Registered name: CHANGING HANDS C.I.C.
Changing Hands C.I.C. made £24.7k revenue and £957 profit in the year to 31 Jul 2025.
Changing Hands C.I.C.’s revenue fell 16% to £24.7k in the year to 31 Jul 2025, with £957 profit and 2 employees. The company is classified under “other business support service activities” and is based in Sheffield; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Sheffield, Yorkshire and The Humber
- 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 Jul 2022 | 31 Jul 2023 | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £14.4k | £22.7k | £29.4k | £24.7k |
| Cost of sales | £3.8k | £10k | £33.8k | £31.7k |
| Gross profit | £10.7k | £12.7k | −£4.5k | −£6.9k |
| Operating profit | £10.7k | £12.7k | −£4.5k | £957 |
| Profit before tax | £10.7k | £12.7k | −£4.5k | £957 |
| Profit after tax | £10.7k | £12.7k | −£4.5k | £957 |
| Profit (best available) | £10.7k | £12.7k | −£4.5k | £957 |
| Employees (average) | 2 | 2 | 2 | 2 |
| Ratios | ||||
| Profit margin | 74% | 55.8% | −15.2% | 3.9% |
| Gross margin | 74% | 55.8% | −15.2% | −27.9% |
| Revenue per employee | £7.2k | £11.3k | £14.7k | £12.4k |
| Profit per employee | £5.3k | £6.3k | −£2.2k | £478 |
| Growth (year on year) | ||||
| Revenue growth | — | ▲57.4% | ▲29.5% | ▼15.8% |
| Profit growth | — | ▲18.8% | ▼135.2% | — |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.8k | £1.8k | £3k | £957 |
| Net assets | −£1.5k | −£918 | £555 | −£7.5k |
| Fixed assets | £1k | £2k | £2k | £1.5k |
| Current assets | £2.8k | £1.8k | £3k | £957 |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 3.9%
- Profit ÷ revenue.
- Gross margin
- −27.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £12.4k
- Revenue ÷ average employees.
- Profit per employee
- £478
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6.1%
- 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.
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
- ▼1451%
- Now −£7.5k
- Cash at bank
- ▼68%
- Now £957
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- ▼25%
- Now £1.5k
Sources
Latest figures from FullAccounts for the year to 31 Jul 2025 (profit £957), from the Companies House accounts bulk data published Mar 2026. 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.