HUB WESTON CIC Financials
- Company number
- 10598139Copy
Copy - Registered office
- The Stable Creative Hub, 3-6 Wadham Street, Weston-Super-Mare, North Somerset BS23 1JY
- Incorporated
- 02/02/2017
Company snapshot
- Status
- Active
- Employees
- 21 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
-92.27%vs 20232023: £-36.46K
Total Assets
-7.86%vs 20232023: £562.62K
Cash in Bank
-92.90%vs 20232023: £31.80K
Total Liabilities
-1.21%vs 20232023: £334.47K
Employees
-3vs 20232023: 24
In 2024, HUB WESTON CIC reported net assets of £-70.09K. The same filing shows total assets of £518.39K, cash in bank of £2.26K and total liabilities of £330.41K. Reported headcount was 21 in 2024. Total Assets fell from £562.62K in 2023 to £518.39K in 2024 (-7.86%). Okredo holds filed figures for 2022–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-92.27%from £-36.46K in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures HUB WESTON CIC filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-399%vs 2022Cash in Bank
-97.9%vs 2022-85.4% a year compound (CAGR)
Total Assets
-19.6%vs 2022-10.3% a year compound (CAGR)
Total Liabilities
-6.5%vs 2022-3.3% a year compound (CAGR)
Employees
-61.1%vs 2022-33Biggest decrease
Net Assets-399%
£23.45K in 2022 to £-70.09K in 2024
Every indicator Okredo holds for HUB WESTON CIC fell between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from HUB WESTON CIC's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -13.52%2024
- Liabilities to total assets
- 63.74%2024
- Cash to liabilities
- 0.68%2024
- Cash to total assets
- 0.44%2024
- Revenue per employee
- £17.62K2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for HUB WESTON CIC by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 23.45K | -36.46K | -70.09K |
| Total Assets£ | 644.49K | 562.62K | 518.39K |
| Cash in Bank£ | 105.71K | 31.80K | 2.26K |
| Total Liabilities£ | 353.29K | 334.47K | 330.41K |
| Employees | 54 | 24 | 21 |
HUB WESTON CIC financials: frequently asked questions
Answered from this company's own filed figures.
Has HUB WESTON CIC filed financial statements?
Yes. Okredo holds filed figures for HUB WESTON CIC covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did HUB WESTON CIC report in 2024?
HUB WESTON CIC reported net assets of £-70.09K for 2024. That compares with £-36.46K in 2023, a change of -92.27%.
What total assets did HUB WESTON CIC report in 2024?
HUB WESTON CIC reported total assets of £518.39K for 2024. That compares with £562.62K in 2023, a change of -7.86%.
What cash in bank did HUB WESTON CIC report in 2024?
HUB WESTON CIC reported cash in bank of £2.26K for 2024. That compares with £31.80K in 2023, a change of -92.90%.
How many people does HUB WESTON CIC employ?
HUB WESTON CIC reported 21 employees in 2024, compared with 24 in 2023.
How have HUB WESTON CIC financials changed over the last 3 years?
Between 2022 and 2024, HUB WESTON CIC's net assets fell by 399%, cash in bank fell by 97.9%, total assets fell by 19.6% and total liabilities fell by 6.5%. Cash in bank contracted at 85.4% a year across the two years to 2024, from £105.71K to £2.26K. Reported headcount went from 54 in 2022 to 21 in 2024 (-33).
Which years of HUB WESTON CIC financial data are available?
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.