Musings Photospace CIC
Registered name: MUSINGS PHOTOSPACE CIC
Musings Photospace CIC made £7.3k revenue and a £20 loss in the year to 31 Mar 2025.
Musings Photospace CIC’s revenue fell 41% to £7.3k in the year to 31 Mar 2025, with a loss of £20 and 1 employee. The company is classified under “other specialist photography” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 5 yrs · since 2021
- 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 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £4.7k | £3.2k | £12.2k | £7.3k |
| Cost of sales | — | £0 | £0 | £0 |
| Gross profit | £4.7k | £3.2k | £12.2k | £7.3k |
| Operating profit | £1.3k | £1.6k | £365 | −£20 |
| Profit before tax | £1.3k | £1.6k | £365 | −£20 |
| Profit after tax | £1.3k | £1.6k | £365 | −£20 |
| Profit (best available) | £1.3k | £1.6k | £365 | −£20 |
| Employees (average) | 1 | 1 | 1 | 1 |
| Ratios | ||||
| Profit margin | 28.4% | 48.7% | 3% | −0.3% |
| Gross margin | 100% | 100% | 100% | 100% |
| Revenue per employee | £4.7k | £3.2k | £12.2k | £7.3k |
| Profit per employee | £1.3k | £1.6k | £365 | −£20 |
| Growth (year on year) | ||||
| Revenue growth | — | ▼31.2% | ▲281.2% | ▼40.8% |
| Profit growth | — | ▲18% | ▼76.7% | ▼105.5% |
| Headcount growth | — | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £0 | £0 | £0 | £0 |
| Net assets | £3.3k | £3.3k | £3.3k | £4.8k |
| Fixed assets | £3.3k | £3.3k | £3.3k | £4.8k |
| Current assets | £0 | £0 | £0 | £0 |
| Debtors | £0 | £0 | £0 | £0 |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Aug 2025 |
How the business works
- Profit margin
- −0.3%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £7.3k
- Revenue ÷ average employees.
- Profit per employee
- −£20
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 66.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▲49%
- Now £4.8k
- Cash at bank
- —
- Now £0
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▲49%
- Now £4.8k
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£20), from the Companies House accounts bulk data published Aug 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.