How much does Stiwdio3 CIC make?

Stiwdio3 CIC reported revenue of £151k and a loss of £49k in the year to 29 Mar 2024, according to its accounts filed at Companies House.

How many employees does Stiwdio3 CIC have?

Stiwdio3 CIC reported an average of 6 employees in the year to 29 Mar 2024.

Is Stiwdio3 CIC profitable?

No — Stiwdio3 CIC reported a loss of £49k in the year to 29 Mar 2024.

Company No. 10063450 · Incorporated 15 Mar 2016

Stiwdio3 CIC

Registered name: STIWDIO3 CIC

Stiwdio3 CIC made £151k revenue and a £49k loss in the year to 29 Mar 2024.

Stiwdio3 CIC’s revenue fell 36% to £151k in the year to 29 Mar 2024, with a loss of £49k and 6 employees. The company is classified under “unlicensed restaurants and cafes” and is based in Cardigan; we hold 2 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56102Unlicensed restaurants and cafes SIC 90040Operation of arts facilities

Status: Active - Proposal to Strike off
Location: Cardigan, Wales
Age: 10 yrs · since 2016
Type: Community Interest Company

Latest accounts · year to 29 Mar 2024

Key figures

IndependentSmall team

Revenue

£151k

Growth ▼36.3%

Profit

−£49k

Growth —

Profit margin

−32.4%

Gross 63.1%

Employees

Change ▼14.3%

Profit / employee

−£8.2k

Revenue/employee £25.2k

Profitable streak

0yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	29 Mar 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£237k	£151k
Cost of sales	£74.9k	£55.7k
Gross profit	£162k	£95.3k
Operating profit	−£3.1k	−£49k
Profit before tax	−£3.1k	−£49k
Profit after tax	−£3.1k	−£49k
Profit (best available)	−£3.1k	−£49k
Employees (average)	7	6
Ratios
Profit margin	−1.3%	−32.4%
Gross margin	68.4%	63.1%
Revenue per employee	£33.9k	£25.2k
Profit per employee	−£444	−£8.2k
Growth (year on year)
Revenue growth	—	▼36.3%
Headcount growth	—	▼14.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.5k	£2.7k
Net assets	−£11.2k	−£44.9k
Fixed assets	£15.4k	£15.4k
Current assets	£17.7k	£24.3k
Debtors	£10.9k	£17.3k
Source	FullAccounts · bulk data Apr 2026	FullAccounts · bulk data Apr 2026

Derived from the latest filing

How the business works

Profit margin: −32.4%; Profit ÷ revenue.
Gross margin: 63.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £25.2k; Revenue ÷ average employees.
Profit per employee: −£8.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 10.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.4%; 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: —; Now −£44.9k
Cash at bank: ▲8%; Now £2.7k
Headcount: ▼14%; Now 6
Deferred income: —; Now —
Fixed assets: 0%; Now £15.4k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 29 Mar 2024 (profit −£49k), from the Companies House accounts bulk data published Apr 2026. 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.