How much does Promoveo Supported Housing CIC make?

Promoveo Supported Housing CIC reported revenue of £866k and £6.2k profit in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does Promoveo Supported Housing CIC have?

Promoveo Supported Housing CIC reported an average of 7 employees in the year to 31 May 2025.

Is Promoveo Supported Housing CIC profitable?

Yes — Promoveo Supported Housing CIC reported a profit of £6.2k in the year to 31 May 2025.

Company No. 14849758 · Incorporated 5 May 2023

Promoveo Supported Housing CIC

Registered name: PROMOVEO SUPPORTED HOUSING CIC

Promoveo Supported Housing CIC made £866k revenue and £6.2k profit in the year to 31 May 2025.

Promoveo Supported Housing CIC’s revenue grew 787% to £866k in the year to 31 May 2025, with £6.2k profit and 7 employees. The company is classified under “renting and operating of housing association real estate” and is based in Ashton-Under-Lyne; we hold 2 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68201Renting and operating of Housing Association real estate SIC 96040Physical well-being activities

Status: Active
Location: Ashton-Under-Lyne, North West
Age: 3 yrs · since 2023
Type: Community Interest Company

Latest accounts · year to 31 May 2025

Key figures

IndependentSmall teamYoung and profitable

Revenue

£866k

Growth ▲786.8%

Profit

£6.2k

Growth —

Profit margin

0.7%

Gross 23.4%

Employees

Change 0%

Profit / employee

£888

Revenue/employee £124k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 May 2024	31 May 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£97.7k	£866k
Cost of sales	£81.8k	£663k
Gross profit	£15.9k	£203k
Operating profit	−£19.5k	£6.2k
Profit before tax	−£19.5k	£6.2k
Profit after tax	−£19.5k	£6.2k
Profit (best available)	−£19.5k	£6.2k
Employees (average)	7	7
Ratios
Profit margin	−20%	0.7%
Gross margin	16.3%	23.4%
Revenue per employee	£14k	£124k
Profit per employee	−£2.8k	£888
Growth (year on year)
Revenue growth	—	▲786.8%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£18.1k	£114k
Net assets	−£19.5k	−£13.3k
Current assets	£18.1k	£251k
Debtors	£152k	£137k
Source	FullAccounts · bulk data Feb 2025	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 0.7%; Profit ÷ revenue.
Gross margin: 23.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £124k; Revenue ÷ average employees.
Profit per employee: £888; 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: 15.8%; 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 −£13.3k
Cash at bank: ▲527%; Now £114k
Headcount: 0%; Now 7
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 31 May 2025 (profit £6.2k), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.

Updated from Companies House on 23 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.