Luton Bid Ltd
The principal activity of the company in the year under review was that of running of the Luton town centre Business Improvement District ('BID'). The BID was taken to a successful vote in October 2014. It formally commenced operation in January 2015. The BID ran for 5 years until 31 December 2019 and following a successful formal renewal process in 2019 ran for a second term from January 2020 to 31 December 2024, a second successful formal renewal took place in October 2024, and the BID will run for a further 5 year term from January 2025 until 31 December 2029. The results for the year and financial position of the company are as shown in the annexed audited financial statements.
Revenue
£372k
▼ -9.5% vs prior ~12m period
Profit after tax
-£22k
Margin -6.0%
Employees
1
– 0.0% vs prior ~12m period
Net assets
£259k
Total assets £295k
Financial history
Revenue by accounting period
4 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Mar 2025 | £372k | ▼ -9.5% | -£22k | 1 | £259k |
| 31 Mar 2024 | £411k | ▲ +22.1% | £59k | 1 | £281k |
| 31 Mar 2023 | £337k | ▼ -12.6% | -£12k | 1 | £222k |
| 31 Mar 2022 | £385k | — | £76k | 1 | £233k |
Latest available figures
Period ending 31 Mar 2025. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £372k
- Gross profit
- -£2k
- Operating profit
- -£22k
- Profit before tax
- -£22k
- Profit after tax
- -£22k
Balance sheet
- Total assets
- £295k
- Cash
- £227k
- Total liabilities
- £36k
- Net assets
- £259k
- Revenue per employee
- £372k
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