Open Space Studios CIC
Registered name: OPEN SPACE STUDIOS CIC
Open Space Studios CIC made £53.8k revenue and £14.2k profit in the year to 31 Jan 2025.
Open Space Studios CIC’s revenue grew 49% to £53.8k in the year to 31 Jan 2025, with £14.2k profit and 2 employees. The company is classified under “sports and recreation education” and is based in Oswestry; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Oswestry, West Midlands
- Age
- 8 yrs · since 2018
- 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 Jan 2024 | 31 Jan 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £36k | £53.8k |
| Cost of sales | £7.5k | £6.5k |
| Gross profit | £28.5k | £47.3k |
| Operating profit | £927 | £14.2k |
| Profit before tax | £927 | £14.2k |
| Profit after tax | £927 | £14.2k |
| Profit (best available) | £927 | £14.2k |
| Employees (average) | 2 | 2 |
| Ratios | ||
| Profit margin | 2.6% | 26.5% |
| Gross margin | 79.2% | 87.9% |
| Revenue per employee | £18k | £26.9k |
| Profit per employee | £464 | £7.1k |
| Growth (year on year) | ||
| Revenue growth | — | ▲49.2% |
| Profit growth | — | ▲1436% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £994 | £5.7k |
| Net assets | £6k | £17.5k |
| Fixed assets | £7.4k | £10.2k |
| Current assets | £994 | £8.8k |
| Debtors | — | £3.1k |
| Deferred income | £540 | £1.4k |
| Source | FullAccounts · bulk data Oct 2025 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 26.5%
- Profit ÷ revenue.
- Gross margin
- 87.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £26.9k
- Revenue ÷ average employees.
- Profit per employee
- £7.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 18.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5.8%
- 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
- ▲193%
- Now £17.5k
- Cash at bank
- ▲470%
- Now £5.7k
- Headcount
- 0%
- Now 2
- Deferred income
- ▲167%
- Now £1.4k
- Fixed assets
- ▲38%
- Now £10.2k
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 Jan 2025 (profit £14.2k), from the Companies House accounts bulk data published Oct 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.