The Platform Project CIC
Registered name: THE PLATFORM PROJECT CIC
The Platform Project CIC made £280k revenue and £558 profit in the year to 31 Aug 2024.
The Platform Project CIC’s revenue grew 28% to £280k in the year to 31 Aug 2024, with £558 profit and 9 employees. The company is classified under “other education” and is based in Swindon; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Swindon, South West
- Age
- 11 yrs · since 2015
- 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 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £132k | £219k | £280k |
| Cost of sales | £77.5k | £128k | £178k |
| Gross profit | £54.1k | £91.1k | £102k |
| Operating profit | £10.1k | £63 | −£57 |
| Profit before tax | £10.1k | £397 | £558 |
| Profit after tax | £10.1k | £397 | £558 |
| Profit (best available) | £10.1k | £397 | £558 |
| Employees (average) | 15 | 9 | 9 |
| Ratios | |||
| Profit margin | 7.7% | 0.2% | 0.2% |
| Gross margin | 41.1% | 41.7% | 36.5% |
| Revenue per employee | £8.8k | £24.3k | £31.1k |
| Profit per employee | £674 | £44 | £62 |
| Growth (year on year) | |||
| Revenue growth | — | ▲66.3% | ▲28% |
| Profit growth | — | ▼96.1% | ▲40.6% |
| Headcount growth | — | ▼40% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £53.4k | £47k | £44.3k |
| Net assets | £14.4k | £14.8k | £15.3k |
| Fixed assets | £0 | £0 | £712 |
| Current assets | £73.6k | £48.4k | £45.1k |
| Debtors | £18.6k | £1.5k | £660 |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Feb 2025 |
How the business works
- Profit margin
- 0.2%
- Profit ÷ revenue.
- Gross margin
- 36.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £31.1k
- Revenue ÷ average employees.
- Profit per employee
- £62
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.2%
- 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
- ▲4%
- Now £15.3k
- Cash at bank
- ▼6%
- Now £44.3k
- Headcount
- 0%
- Now 9
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £712
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- Profit
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- Staff
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- Profit
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- Bird Gardens Scotland CICLauder · Other education n.e.c.
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- Profit
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- Horizon Community Training CICGreat Yarmouth · Other education n.e.c.
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Aug 2024 (profit £558), from the Companies House accounts bulk data published Feb 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.