OPEN HOUSE COMMUNITY GROUP CIC Financials
- Company number
- 12515385CopyCopy
- Registered office
- 24 Burley Way, Birmingham B38 8JJ
- Incorporated
- 12/03/2020
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
894.05%vs 20232023: £84.00
Total Assets
-13.55%vs 20232023: £47.93K
Cash in Bank
-21.05%vs 20232023: £39.84K
Total Liabilities
-14.77%vs 20232023: £46.80K
Employees
0vs 20232023: 3
In 2024, OPEN HOUSE COMMUNITY GROUP CIC reported net assets of £835.00. The same filing shows total assets of £41.43K, cash in bank of £31.45K and total liabilities of £39.89K. Reported headcount was 3 in 2024. Cash in Bank fell from £39.84K in 2023 to £31.45K in 2024 (-21.05%). Okredo holds filed figures for 2021–2024; 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
894.05%from £84.00 in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures OPEN HOUSE COMMUNITY GROUP CIC filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+16600%vs 2022+1192% a year compound (CAGR)
Cash in Bank
-1.8%vs 2022-0.9% a year compound (CAGR)
Total Assets
+16.2%vs 2022+7.8% a year compound (CAGR)
Total Liabilities
+11.9%vs 2022+5.8% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Net Assets+16600%
£5.00 in 2022 to £835.00 in 2024
Biggest decrease
Cash in Bank-1.8%
£32.04K in 2022 to £31.45K in 2024
OPEN HOUSE COMMUNITY GROUP CIC's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from OPEN HOUSE COMMUNITY GROUP 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
- 2.02%2024
- 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.
- Liabilities to total assets
- 96.27%2024
- 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.
- Cash to liabilities
- 78.85%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 75.91%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £42.76K2024
- 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 OPEN HOUSE COMMUNITY GROUP CIC by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 39.00 | 5.00 | 84.00 | 835.00 |
| Total Assets£ | 16.19K | 35.65K | 47.93K | 41.43K |
| Cash in Bank£ | 16.19K | 32.04K | 39.84K | 31.45K |
| Total Liabilities£ | 16.15K | 35.64K | 46.80K | 39.89K |
| Employees | 3 | 3 | 3 | 3 |
OPEN HOUSE COMMUNITY GROUP CIC financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for OPEN HOUSE COMMUNITY GROUP CIC covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
OPEN HOUSE COMMUNITY GROUP CIC reported net assets of £835.00 for 2024. That compares with £84.00 in 2023, a change of 894.05%.
OPEN HOUSE COMMUNITY GROUP CIC reported total assets of £41.43K for 2024. That compares with £47.93K in 2023, a change of -13.55%.
OPEN HOUSE COMMUNITY GROUP CIC reported cash in bank of £31.45K for 2024. That compares with £39.84K in 2023, a change of -21.05%.
OPEN HOUSE COMMUNITY GROUP CIC reported 3 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, OPEN HOUSE COMMUNITY GROUP CIC's net assets rose by 16600%, cash in bank fell by 1.8%, total assets rose by 16.2% and total liabilities rose by 11.9%. Net assets compounded at 1192% a year across the two years to 2024, from £5.00 to £835.00. Reported headcount went from 3 in 2022 to 3 in 2024.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.