How much does 104 Projects CIC make?

104 Projects CIC reported revenue of £271k and £22.7k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does 104 Projects CIC have?

104 Projects CIC reported an average of 1 employee in the year to 31 Mar 2025.

Is 104 Projects CIC profitable?

Yes — 104 Projects CIC reported a profit of £22.7k in the year to 31 Mar 2025.

Company No. 11275867 · Incorporated 26 Mar 2018

104 Projects CIC

Registered name: 104 PROJECTS CIC

104 Projects CIC made £271k revenue and £22.7k profit in the year to 31 Mar 2025.

104 Projects CIC’s revenue grew 101% to £271k in the year to 31 Mar 2025, with £22.7k profit and 1 employee. The company is classified under “motion picture production activities” and is based in Sutton Coldfield; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 59111Motion picture production activities SIC 85520Cultural education SIC 90030Artistic creation

Status: Active
Location: Sutton Coldfield, West Midlands
Age: 8 yrs · since 2018
Type: Community Interest Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentSmall teamOperating leverage

Revenue

£271k

Growth ▲101.4%

Profit

£22.7k

Growth ▲2101%

Profit margin

8.4%

Gross −2.4%

Employees

Change 0%

Profit / employee

£22.7k

Revenue/employee £271k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£135k	£271k
Cost of sales	£129k	£278k
Gross profit	£5.6k	−£6.4k
Operating profit	£1k	−£15.4k
Profit before tax	£1k	−£15.4k
Profit after tax	£1k	£22.7k
Profit (best available)	£1k	£22.7k
Employees (average)	1	1
Ratios
Profit margin	0.8%	8.4%
Gross margin	4.2%	−2.4%
Revenue per employee	£135k	£271k
Profit per employee	£1k	£22.7k
Growth (year on year)
Revenue growth	—	▲101.4%
Profit growth	—	▲2101%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£21.3k	£443
Net assets	£0	£22.7k
Current assets	£27.2k	£38.7k
Debtors	£5.9k	£38.3k
Source	FullAccounts · bulk data May 2025	FullAccounts · bulk data May 2025

Derived from the latest filing

How the business works

Profit margin: 8.4%; Profit ÷ revenue.
Gross margin: −2.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £271k; Revenue ÷ average employees.
Profit per employee: £22.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.1%; 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 £22.7k
Cash at bank: ▼98%; Now £443
Headcount: 0%; Now 1
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £22.7k), from the Companies House accounts bulk data published May 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.