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Company No. 09350489 · Incorporated 11 Dec 2014

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.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47591Retail sale of musical instruments and scores
Status
Active
Location
Bargoed, Wales
Age
11 yrs · since 2014
Type
Private Limited Company
Latest accounts · year to 31 Dec 2024

Key figures

IndependentSmall teamCapital-lightOperating leverage
Revenue
£328k
Growth ▲30.1%
Profit
£13.1k
Growth ▲82.6%
Profit margin
4%
Gross 21.7%
Employees
1
Change 0%
Profit / employee
£13.1k
Revenue/employee £328k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureNo P&LFull P&LFull 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)111
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
SourceAccounts · bulk data Sep 2024Accounts · bulk data Sep 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

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.
Indirect — not revenue

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
Same industry, similar size

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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.