S1:artspace/Projects
Registered name: S1:ARTSPACE/PROJECTS
S1:artspace/Projects made £25.7k revenue and £3.7k profit in the year to 31 Mar 2024.
S1:artspace/Projects’s revenue fell 78% to £25.7k in the year to 31 Mar 2024, with £3.7k profit and 1 employee. The company is classified under “operation of arts facilities” and is based in Sheffield; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Sheffield, Yorkshire and The Humber
- Age
- 29 yrs · since 1997
- Type
- PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £98.2k | £118k | £25.7k |
| Cost of sales | £158k | £106k | £37.7k |
| Gross profit | −£59.7k | £12.2k | −£11.9k |
| Operating profit | −£59.7k | £12.2k | −£11.9k |
| Profit before tax | £3.4k | £15.6k | £3.7k |
| Profit after tax | £3.4k | £15.6k | £3.7k |
| Profit (best available) | £3.4k | £15.6k | £3.7k |
| Employees (average) | 3 | 3 | 1 |
| Ratios | |||
| Profit margin | 3.5% | 13.2% | 14.2% |
| Gross margin | −60.8% | 10.3% | −46.4% |
| Revenue per employee | £32.7k | £39.4k | £25.7k |
| Profit per employee | £1.1k | £5.2k | £3.7k |
| Growth (year on year) | |||
| Revenue growth | — | ▲20.3% | ▼78.2% |
| Profit growth | — | ▲353% | ▼76.6% |
| Headcount growth | — | 0% | ▼66.7% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £28.2k | £27.6k | £9.3k |
| Net assets | £3.4k | £15.6k | £3.7k |
| Fixed assets | £954 | £0 | — |
| Current assets | £29.4k | £29k | £9.6k |
| Debtors | £1.2k | £1.5k | £340 |
| Deferred income | £1.2k | £1.6k | — |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 14.2%
- Profit ÷ revenue.
- Gross margin
- −46.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £25.7k
- Revenue ÷ average employees.
- Profit per employee
- £3.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.3%
- Money owed by customers. Low = customers pay quickly.
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
- ▼77%
- Now £3.7k
- Cash at bank
- ▼66%
- Now £9.3k
- Headcount
- ▼67%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £3.7k), from the Companies House accounts bulk data published Dec 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.