Initiative Arts Projects Ltd
Registered name: INITIATIVE ARTS PROJECTS LTD
Initiative Arts Projects Ltd made £350 revenue and £2.6k profit in the year to 31 Mar 2025.
Initiative Arts Projects Ltd’s revenue fell 75% to £350 in the year to 31 Mar 2025, with £2.6k profit and 0 employees. The company is classified under “artistic creation” and is based in Manchester; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Manchester, North West
- Age
- 14 yrs · since 2012
- Type
- PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. It is excluded from our opportunity lists.
Key figures
Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £0 | £1.4k | £350 |
| Cost of sales | £38k | £23.8k | £35k |
| Gross profit | −£38k | −£22.4k | −£34.7k |
| Profit before tax | −£77 | −£11.8k | — |
| Profit after tax | £10.4k | −£11.8k | £2.6k |
| Profit (best available) | £10.4k | −£11.8k | £2.6k |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | — | −840% | 743.4% |
| Gross margin | — | −1588% | −9904% |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼75.2% |
| Profit growth | — | ▼213.7% | — |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £11.5k | £244 | £31.4k |
| Net assets | £9.1k | −£2.8k | −£171 |
| Fixed assets | £122 | £91 | £68 |
| Current assets | £21.9k | £244 | £31.4k |
| Debtors | £10.5k | £0 | — |
| Deferred income | £701 | £600 | £600 |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jul 2025 |
How the business works
- Profit margin
- 743.4%
- Profit ÷ revenue.
- Gross margin
- −9904%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 19.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 171.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now −£171
- Cash at bank
- ▲12753%
- Now £31.4k
- Headcount
- —
- Now 0
- Deferred income
- 0%
- Now £600
- Fixed assets
- ▼25%
- Now £68
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2.6k), from the Companies House accounts bulk data published Jul 2025. 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.