The My Way Project CIC
Registered name: THE MY WAY PROJECT CIC
The My Way Project CIC made £2.3k revenue and a £82 loss in the year to 31 Oct 2025.
The My Way Project CIC’s revenue fell 55% to £2.3k in the year to 31 Oct 2025, with a loss of £82 and 0 employees. The company is classified under “other education” and is based in Nottingham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Nottingham, East Midlands
- Age
- 6 yrs · since 2020
- 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 Oct 2022 | 31 Oct 2023 | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £1.5k | £9.9k | £5.2k | £2.3k |
| Cost of sales | £1.4k | £9.6k | £5.1k | £2.3k |
| Gross profit | £150 | £366 | £140 | £0 |
| Operating profit | −£224 | £58 | −£67 | −£82 |
| Profit before tax | −£224 | £58 | −£67 | −£82 |
| Profit after tax | −£224 | £47 | −£67 | −£82 |
| Profit (best available) | −£224 | £47 | −£67 | −£82 |
| Employees (average) | 0 | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | −14.9% | 0.5% | −1.3% | −3.5% |
| Gross margin | 10% | 3.7% | 2.7% | 0% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲561.1% | ▼47.6% | ▼55.4% |
| Profit growth | — | — | ▼242.6% | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £109 | £155 | £117 | £57 |
| Net assets | £157 | £207 | £140 | £57 |
| Current assets | £109 | £155 | £117 | £57 |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- −3.5%
- Profit ÷ revenue.
- Gross margin
- 0%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- —
- 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
- ▼59%
- Now £57
- Cash at bank
- ▼51%
- Now £57
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Oct 2025 (profit −£82), 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.