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Company No. SC702417 · Incorporated 23 Jun 2021

Loco Home Retrofit Community Interest Company

Registered name: LOCO HOME RETROFIT COMMUNITY INTEREST COMPANY

Loco Home Retrofit Community Interest Company made £83.4k revenue and £6.7k profit in the year to 30 Jun 2023.

Loco Home Retrofit Community Interest Company’s revenue grew 406% to £83.4k in the year to 30 Jun 2023, with £6.7k profit and 2 employees. The company is classified under “engineering related scientific and technical consulting activities” and is based in Glasgow; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 71122Engineering related scientific and technical consulting activitiesSIC 94990Activities of other membership organizations n.e.c.
Status
Active
Location
Glasgow, Scotland
Age
5 yrs · since 2021
Type
Community Interest Company
Latest accounts · year to 30 Jun 2023

Key figures

IndependentSmall teamCapital-lightYoung and profitableOperating leverage
Revenue
£83.4k
Growth ▲406.1%
Profit
£6.7k
Growth ▲457.9%
Profit margin
8.1%
Gross 95.6%
Employees
2
Change 0%
Profit / employee
£3.4k
Revenue/employee £41.7k
Profitable streak
2yrs
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 to30 Jun 202230 Jun 2023
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£16.5k£83.4k
Cost of sales£11.8k£3.7k
Gross profit£4.6k£79.7k
Operating profit£1.3k£7.4k
Profit before tax£1.3k£7.4k
Profit after tax£1.2k£6.7k
Profit (best available)£1.2k£6.7k
Employees (average)22
Ratios
Profit margin7.3%8.1%
Gross margin28.2%95.6%
Revenue per employee£8.2k£41.7k
Profit per employee£604£3.4k
Growth (year on year)
Revenue growth—▲406.1%
Profit growth—▲457.9%
Headcount growth—0%
Balance sheet — indirect signals, not revenue
Cash at bank£594£10k
Net assets£1.2k£7.9k
Fixed assets£762£735
Current assets£944£10k
Debtors£350—
Deferred income—£1.4k
SourceFullAccounts · bulk data Mar 2024FullAccounts · bulk data Mar 2024
Derived from the latest filing

How the business works

Profit margin
8.1%
Profit ÷ revenue.
Gross margin
95.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£41.7k
Revenue ÷ average employees.
Profit per employee
£3.4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.9%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.7%
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
▲555%
Now £7.9k
Cash at bank
▲1587%
Now £10k
Headcount
0%
Now 2
Deferred income
—
Now £1.4k
Fixed assets
▼4%
Now £735

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Jun 2023 (profit £6.7k), from the Companies House accounts bulk data published Mar 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.