The Olive Hut CIC
Registered name: THE OLIVE HUT CIC
The Olive Hut CIC made £1.9k revenue and a £19 loss in the year to 31 Jul 2024.
The Olive Hut CIC’s revenue was £1.9k in the year to 31 Jul 2024, with a loss of £19 and 1 employee. The company is classified under “other social work activities without accommodation” and is based in Salford.
- Status
- Active
- Location
- Salford, North West
- Age
- 3 yrs · since 2023
- 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 2024 |
|---|---|
| Disclosure | Full P&L |
| Profit & loss | |
| Revenue (turnover) | £1.9k |
| Cost of sales | £1.1k |
| Gross profit | £770 |
| Operating profit | −£19 |
| Profit before tax | −£19 |
| Profit after tax | −£19 |
| Profit (best available) | −£19 |
| Employees (average) | 1 |
| Ratios | |
| Profit margin | −1% |
| Gross margin | 40.1% |
| Revenue per employee | £1.9k |
| Profit per employee | −£19 |
| Balance sheet — indirect signals, not revenue | |
| Cash at bank | £581 |
| Net assets | −£19 |
| Current assets | £581 |
| Source | FullAccounts · bulk data Mar 2025 |
How the business works
- Profit margin
- −1%
- Profit ÷ revenue.
- Gross margin
- 40.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.9k
- Revenue ÷ average employees.
- Profit per employee
- −£19
- 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.
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
- Cash at bank
- —
- Now £581
- Headcount
- —
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Jul 2024 (profit −£19), from the Companies House accounts bulk data published Mar 2025. 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.