Steel Pan Music CIC
Registered name: STEEL PAN MUSIC CIC
Steel Pan Music CIC made £34.5k revenue and £784 profit in the year to 31 Dec 2025.
Steel Pan Music CIC’s revenue grew 26% to £34.5k in the year to 31 Dec 2025, with £784 profit and 0 employees. The company is classified under “support activities to performing arts” and is based in London; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 5 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 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £1.1k | £7.5k | £25.7k | £27.5k | £34.5k |
| Cost of sales | £945 | £5.7k | £21.9k | £24.5k | £29.2k |
| Gross profit | £150 | £1.8k | £3.8k | £3k | £5.3k |
| Operating profit | £119 | −£328 | £1.8k | −£1.3k | £1.2k |
| Profit before tax | £119 | −£328 | £1.8k | −£1.3k | £1.1k |
| Profit after tax | £119 | −£328 | £1.8k | −£1.3k | £784 |
| Profit (best available) | £119 | −£328 | £1.8k | −£1.3k | £784 |
| Employees (average) | 0 | 0 | 0 | 0 | 0 |
| Ratios | |||||
| Profit margin | 10.9% | −4.3% | 7.2% | −4.9% | 2.3% |
| Gross margin | 13.7% | 24.4% | 14.9% | 10.9% | 15.5% |
| Growth (year on year) | |||||
| Revenue growth | — | ▲588.2% | ▲241.2% | ▲6.8% | ▲25.7% |
| Profit growth | — | ▼375.6% | — | ▼172.4% | — |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £1.3k | £875 | £11.4k | £2.7k | £16.6k |
| Net assets | £119 | −£209 | £1.6k | £302 | £1.1k |
| Fixed assets | — | — | — | £0 | £538 |
| Current assets | £2.3k | £2.5k | £11.4k | £2.7k | £26.5k |
| Debtors | — | — | — | £0 | £216 |
| Deferred income | — | — | £11.6k | £0 | — |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 2.3%
- Profit ÷ revenue.
- Gross margin
- 15.5%
- 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
- 1.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.6%
- 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
- ▲260%
- Now £1.1k
- Cash at bank
- ▲523%
- Now £16.6k
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £538
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £784), from the Companies House accounts bulk data published Sep 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.