The Harp Studio Cyf
Registered name: THE HARP STUDIO CYF
The Harp Studio Cyf made £328k revenue and £13.1k profit in the year to 31 Dec 2024.
The Harp Studio Cyf’s revenue grew 30% to £328k in the year to 31 Dec 2024, with £13.1k profit and 1 employee. The company is classified under “retail sale of musical instruments and scores” and is based in Bargoed; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Bargoed, Wales
- Age
- 11 yrs · since 2014
- Type
- Private Limited 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 | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £252k | £328k |
| Cost of sales | — | £197k | £257k |
| Gross profit | — | £55.4k | £71.2k |
| Operating profit | — | £7.7k | £14.3k |
| Profit before tax | — | £8.8k | £16.3k |
| Profit after tax | — | £7.2k | £13.1k |
| Profit (best available) | — | £7.2k | £13.1k |
| Employees (average) | 1 | 1 | 1 |
| Ratios | |||
| Profit margin | — | 2.8% | 4% |
| Gross margin | — | 21.9% | 21.7% |
| Revenue per employee | — | £252k | £328k |
| Profit per employee | — | £7.2k | £13.1k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲30.1% |
| Profit growth | — | — | ▲82.6% |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £47.9k | £67.4k | £183k |
| Net assets | £107k | £109k | £117k |
| Fixed assets | £723 | £1.1k | £801 |
| Current assets | £226k | £209k | £277k |
| Debtors | £12.6k | £1.9k | £12.4k |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 4%
- Profit ÷ revenue.
- Gross margin
- 21.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £328k
- Revenue ÷ average employees.
- Profit per employee
- £13.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.8%
- 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
- ▲7%
- Now £117k
- Cash at bank
- ▲171%
- Now £183k
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▼25%
- Now £801
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £13.1k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Updated from Companies House on 14 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.