How much does Second Home Studio + Cafe CIC make?

Second Home Studio + Cafe CIC reported revenue of £91.1k and a loss of £1.5k in the year to 31 Oct 2023, according to its accounts filed at Companies House.

How many employees does Second Home Studio + Cafe CIC have?

Second Home Studio + Cafe CIC reported an average of 4 employees in the year to 31 Oct 2023.

Is Second Home Studio + Cafe CIC profitable?

No — Second Home Studio + Cafe CIC reported a loss of £1.5k in the year to 31 Oct 2023.

Company No. SC640581

Second Home Studio + Cafe CICDissolved

Registered name: SECOND HOME STUDIO + CAFE CIC

Second Home Studio + Cafe CIC made £91.1k revenue and a £1.5k loss in the year to 31 Oct 2023.

Second Home Studio + Cafe CIC’s revenue grew 3% to £91.1k in the year to 31 Oct 2023, with a loss of £1.5k and 4 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

Last filed accounts · year to 31 Oct 2023

Key figures

IndependentSmall teamCapital-light

Revenue

£91.1k

Growth ▲3%

Profit

−£1.5k

Growth ▼131.9%

Profit margin

−1.6%

Gross 65.1%

Employees

Change 0%

Profit / employee

−£368

Revenue/employee £22.8k

Profitable streak

0yrs

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 Oct 2022	31 Oct 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£88.4k	£91.1k
Cost of sales	£22.8k	£31.8k
Gross profit	£65.7k	£59.3k
Operating profit	£5.3k	−£1.5k
Profit before tax	£5.3k	−£1.5k
Profit after tax	£4.6k	−£1.5k
Profit (best available)	£4.6k	−£1.5k
Employees (average)	4	4
Ratios
Profit margin	5.2%	−1.6%
Gross margin	74.2%	65.1%
Revenue per employee	£22.1k	£22.8k
Profit per employee	£1.2k	−£368
Growth (year on year)
Revenue growth	—	▲3%
Profit growth	—	▼131.9%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£27k	£20.7k
Net assets	£6k	£4.6k
Fixed assets	£2.8k	£2.7k
Current assets	£27.8k	£21.7k
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024

Derived from the latest filing

How the business works

Profit margin: −1.6%; Profit ÷ revenue.
Gross margin: 65.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £22.8k; Revenue ÷ average employees.
Profit per employee: −£368; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.9%; 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.

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: ▼24%; Now £4.6k
Cash at bank: ▼23%; Now £20.7k
Headcount: 0%; Now 4
Deferred income: —; Now —
Fixed assets: ▼6%; Now £2.7k

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2023 (profit −£1.5k), from the Companies House accounts bulk data published Oct 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.