CUBE HOMES LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. CUBE HOMES LIMITED 2019-01-03 → present
2. CUBE GREAT PLACES LIMITED 2007-08-14 → 2019-01-03

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Beever and Struthers

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Board has a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future, being a period of at least twelve months after the date on which the report and financial statements are signed. In particular, assurance is provided by the Company's latest Business Plan which demonstrates that the Company has sufficient funding facilities in place that will meet planned development and other expenditure and that it is fully able to service its debt facilities.”

Significant events

• “During 2024/25 Cube sold a total of 8 units with sales revenue of £5.4m.”
• “There was gift aid of £632k agreed for the 2024/25 financial year.”
• “Cube invests in two joint ventures with Forge New Homes in the Sheffield City Region and Hive Homes in Greater Manchester, both of which are progressing well.”
• “HMRC is challenging several housing associations, including Cube, regarding the application of group relief for a non-trade loan; the potential corporation tax liability remains uncertain and cases are likely to take over a year to resolve.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

17

last 12 months

Capital events

0

last 24 months

Officers appointed

10

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +174.3%

  £2,693,000 → £7,386,000

• Cash

  -25%

  £8,000 → £6,000

• Net assets

  -2.1%

  £8,792,000 → £8,604,000

• Employees

  —

  Not reported

• Operating profit

  +348.2%

  £110,000 → £493,000

• Profit before tax

  +13.7%

  £556,000 → £632,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers