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Company No. 14358735 · Incorporated 15 Sep 2022

Blessed Living CIC

Registered name: BLESSED LIVING CIC

Blessed Living CIC made £70.9k revenue and £19.8k profit in the year to 30 Sep 2023.

Blessed Living CIC’s revenue was £70.9k in the year to 30 Sep 2023, with £19.8k profit and 3 employees. The company is classified under “other accommodation” and is based in Lower Darwen.

Status
Active
Location
Lower Darwen, North West
Age
4 yrs · since 2022
Type
Community Interest Company
Latest accounts · year to 30 Sep 2023

Key figures

IndependentSmall teamCapital-lightYoung and profitable
Revenue
£70.9k
Growth —
Profit
£19.8k
Growth —
Profit margin
28%
Gross 85.9%
Employees
3
Change —
Profit / employee
£6.6k
Revenue/employee £23.6k
Profitable streak
1yr
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to30 Sep 2023
DisclosureFull P&L
Profit & loss
Revenue (turnover)£70.9k
Cost of sales£10k
Gross profit£60.9k
Operating profit£23.9k
Profit before tax£23.9k
Profit after tax£19.8k
Profit (best available)£19.8k
Employees (average)3
Ratios
Profit margin28%
Gross margin85.9%
Revenue per employee£23.6k
Profit per employee£6.6k
Balance sheet — indirect signals, not revenue
Cash at bank£18.7k
Net assets£19.8k
Fixed assets£2.7k
Current assets£28.8k
Debtors£3.4k
Deferred income£6.8k
SourceFullAccounts · bulk data Jan 2024
Derived from the latest filing

How the business works

Profit margin
28%
Profit ÷ revenue.
Gross margin
85.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£23.6k
Revenue ÷ average employees.
Profit per employee
£6.6k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
3.8%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
9.6%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
4.8%
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 £19.8k
Cash at bank
—
Now £18.7k
Headcount
—
Now 3
Deferred income
—
Now £6.8k
Fixed assets
—
Now £2.7k

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 30 Sep 2023 (profit £19.8k), from the Companies House accounts bulk data published Jan 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.