How much does Okfp Hub CIC make?

Okfp Hub CIC reported revenue of £64.1k and £22.2k profit in the year to 31 Aug 2023, according to its accounts filed at Companies House.

How many employees does Okfp Hub CIC have?

Okfp Hub CIC reported an average of 0 employees in the year to 31 Aug 2023.

Is Okfp Hub CIC profitable?

Yes — Okfp Hub CIC reported a profit of £22.2k in the year to 31 Aug 2023.

Company No. SC705631 · Incorporated 3 Aug 2021

Okfp Hub CIC

Registered name: OKFP HUB CIC

Okfp Hub CIC made £64.1k revenue and £22.2k profit in the year to 31 Aug 2023.

Okfp Hub CIC’s revenue grew 583% to £64.1k in the year to 31 Aug 2023, with £22.2k profit and 0 employees. The company is classified under “other food services” and is based in Glasgow; we hold 2 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56290Other food services

Status: Active
Location: Glasgow, Scotland
Age: 5 yrs · since 2021
Type: Community Interest Company

Latest accounts · year to 31 Aug 2023

Key figures

IndependentSmall teamYoung and profitable

Revenue

£64.1k

Growth ▲582.9%

Profit

£22.2k

Growth —

Profit margin

34.6%

Gross 91.1%

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 Aug 2022	31 Aug 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£9.4k	£64.1k
Cost of sales	£0	£5.7k
Gross profit	£9.4k	£58.4k
Operating profit	£0	£22.2k
Profit before tax	£0	£22.2k
Profit after tax	£0	£22.2k
Profit (best available)	£0	£22.2k
Employees (average)	0	0
Ratios
Profit margin	0%	34.6%
Gross margin	100%	91.1%
Growth (year on year)
Revenue growth	—	▲582.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£17.2k	£1.9k
Net assets	£0	£22.2k
Fixed assets	£0	£22.2k
Current assets	£17.2k	£1.9k
Deferred income	£17.2k	£1.9k
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024

Derived from the latest filing

How the business works

Profit margin: 34.6%; Profit ÷ revenue.
Gross margin: 91.1%; 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: 34.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.9%; 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: —; Now £22.2k
Cash at bank: ▼89%; Now £1.9k
Headcount: —; Now 0
Deferred income: ▼89%; Now £1.9k
Fixed assets: —; Now £22.2k

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 31 Aug 2023 (profit £22.2k), 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.