How much does Kingdom Initiatives Limited make?

Kingdom Initiatives Limited reported revenue of £5.7m and £3.9k profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Kingdom Initiatives Limited have?

Kingdom Initiatives Limited reported an average of 0 employees in the year to 31 Mar 2023.

Is Kingdom Initiatives Limited profitable?

Yes — Kingdom Initiatives Limited reported a profit of £3.9k in the year to 31 Mar 2023.

Company No. SC383963 · Incorporated 19 Aug 2010

Kingdom Initiatives Limited

Registered name: KINGDOM INITIATIVES LIMITED

Part of Kingdom Housing Association Limited group

Kingdom Initiatives Limited made £5.7m revenue and £3.9k profit in the year to 31 Mar 2023.

Kingdom Initiatives Limited’s revenue grew 37% to £5.7m in the year to 31 Mar 2023, with £3.9k profit and 0 employees. The company is classified under “renting and operating of housing association real estate” and is based in Glenrothes; 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 68209Other letting and operating of own or leased real estate SIC 68320Management of real estate on a fee or contract basis

Status: Active
Location: Glenrothes, Scotland
Age: 16 yrs · since 2010
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Mar 2023

Key figures

Small team

Revenue

£5.7m

Growth ▲36.7%

Profit

£3.9k

Growth —

Profit margin

0.1%

Gross 15.5%

Employees

Change —

Profit / employee

—

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 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£4.2m	£5.7m
Cost of sales	£3.7m	£4.8m
Gross profit	£492k	£885k
Operating profit	£492k	£634k
Profit before tax	−£48k	£3.9k
Profit after tax	−£48k	£3.9k
Profit (best available)	−£48k	£3.9k
Employees (average)	0	0
Ratios
Profit margin	−1.1%	0.1%
Gross margin	11.8%	15.5%
Growth (year on year)
Revenue growth	—	▲36.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£433k	£166k
Net assets	£2m	£2m
Fixed assets	£26.5m	£26.5m
Current assets	£486k	£1m
Debtors	£40k	£29k
Deferred income	£0	£0
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: 0.1%; Profit ÷ revenue.
Gross margin: 15.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 463.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.5%; 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: ▲0%; Now £2m
Cash at bank: ▼62%; Now £166k
Headcount: —; Now 0
Deferred income: —; Now £0
Fixed assets: ▲0%; Now £26.5m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Kingdom Housing Association Limitedultimate parent75–100%
Kingdom Initiatives Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Grange ST Andrews LLPFigures not disclosed

Sister companies (1)

Kingdom Support and Care CICRev. £11.2m · Profit £256k

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2023 (profit £3.9k), from the Companies House accounts bulk data published Dec 2023. 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.