Powerwood Project CIC
Registered name: POWERWOOD PROJECT CIC
Powerwood Project CIC made £35.9k revenue and a £762 loss in the year to 31 Dec 2024.
Powerwood Project CIC’s revenue grew 16% to £35.9k in the year to 31 Dec 2024, with a loss of £762 and 0 employees. The company is classified under “other education” and is based in Wincanton; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Wincanton, South West
- Age
- 12 yrs · since 2014
- Type
- Community Interest Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £41.4k | £30.9k | £35.9k |
| Cost of sales | £88 | — | — |
| Gross profit | £41.3k | £30.9k | £35.9k |
| Operating profit | −£2.9k | −£2.7k | −£762 |
| Profit before tax | −£2.9k | −£2.7k | −£762 |
| Profit after tax | −£2.9k | −£2.7k | −£762 |
| Profit (best available) | −£2.9k | −£2.7k | −£762 |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | −7% | −8.7% | −2.1% |
| Gross margin | 99.8% | 100% | 100% |
| Growth (year on year) | |||
| Revenue growth | — | ▼25.4% | ▲16.5% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £16.6k | £12k | £13.7k |
| Net assets | £4.2k | £1.5k | £773 |
| Fixed assets | £4.4k | £3.2k | £2.1k |
| Current assets | £18.1k | £13.2k | £14.7k |
| Debtors | £1.5k | £1.1k | £970 |
| Deferred income | £8.6k | £8.1k | £9.3k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- −2.1%
- Profit ÷ revenue.
- Gross margin
- 100%
- 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
- 5.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 25.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.7%
- 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
- ▼50%
- Now £773
- Cash at bank
- ▲14%
- Now £13.7k
- Headcount
- —
- Now 0
- Deferred income
- ▲14%
- Now £9.3k
- Fixed assets
- ▼36%
- Now £2.1k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£762), from the Companies House accounts bulk data published Sep 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.