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Company No. SC557048 · Incorporated 9 Feb 2017

Health by Science Ltd CIC

Registered name: HEALTH BY SCIENCE LTD CIC

Health by Science Ltd CIC made £404k revenue and £1k profit in the year to 29 Feb 2024.

Health by Science Ltd CIC’s revenue grew 25% to £404k in the year to 29 Feb 2024, with £1k profit and 6 employees. The company is classified under “sports and recreation education” and is based in Edinburgh; we hold 3 years of its filed accounts.

Status
Active
Location
Edinburgh, Scotland
Age
9 yrs · since 2017
Type
Community Interest Company
Latest accounts · year to 29 Feb 2024

Key figures

IndependentSmall teamCapital-light
Revenue
£404k
Growth ▲25.3%
Profit
£1k
Growth —
Profit margin
0.3%
Gross 85%
Employees
6
Change ▲20%
Profit / employee
£173
Revenue/employee £67.3k
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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to28 Feb 202228 Feb 202329 Feb 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£256k£322k£404k
Cost of sales£8.9k£58.2k£60.7k
Gross profit£247k£264k£343k
Operating profit£17.1k−£13.5k£121
Profit before tax£16.2k−£14.4k−£1.9k
Profit after tax£16.2k−£14.4k£1k
Profit (best available)£16.2k−£14.4k£1k
Employees (average)856
Ratios
Profit margin6.3%−4.5%0.3%
Gross margin96.5%81.9%85%
Revenue per employee£32k£64.4k£67.3k
Profit per employee£2k−£2.9k£173
Growth (year on year)
Revenue growth—▲25.7%▲25.3%
Profit growth—▼188.7%—
Headcount growth—▼37.5%▲20%
Balance sheet — indirect signals, not revenue
Cash at bank£32k£23.1k£20.5k
Net assets£66.4k£52k£53.1k
Fixed assets£38.1k£35.2k£32.7k
Current assets£67.5k£50.5k£46.3k
Debtors£475£3.4k£5.7k
SourceFullAccounts · bulk data Nov 2023FullAccounts · bulk data Nov 2023FullAccounts · bulk data Jun 2024
Derived from the latest filing

How the business works

Profit margin
0.3%
Profit ÷ revenue.
Gross margin
85%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£67.3k
Revenue ÷ average employees.
Profit per employee
£173
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
8.1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
1.4%
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
▲2%
Now £53.1k
Cash at bank
▼11%
Now £20.5k
Headcount
▲20%
Now 6
Deferred income
—
Now —
Fixed assets
▼7%
Now £32.7k
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 29 Feb 2024 (profit £1k), from the Companies House accounts bulk data published Jun 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.