Project Studio Limited
Registered name: PROJECT STUDIO LIMITED
Part of Project Group UK Holdings Limited groupProject Studio Limited made £365k revenue and a £106k loss in the year to 31 Dec 2024. read from filing text
Project Studio Limited’s revenue fell 39% to £365k in the year to 31 Dec 2024, with a loss of £106k and 6 employees. The company is classified under “specialised design activities” and is based in Halifax; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Halifax, Yorkshire and The Humber
- Age
- 5 yrs · since 2021
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “During the year until 10 October 2024, t”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £595k | £365k |
| Cost of sales | £280k | £209k |
| Gross profit | £315k | £155k |
| Profit before tax | £88.1k | −£140k |
| Profit after tax | £67.8k | −£106k |
| Profit (best available) | £67.8k | −£106k |
| Employees (average) | 6 | 6 |
| Ratios | ||
| Profit margin | 11.4% | −29.1% |
| Gross margin | 52.9% | 42.6% |
| Revenue per employee | £99.2k | £60.8k |
| Profit per employee | £11.3k | −£17.7k |
| Growth (year on year) | ||
| Revenue growth | — | ▼38.8% |
| Profit growth | — | ▼256.4% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £85.4k | £42k |
| Net assets | £10.2k | −£95.8k |
| Fixed assets | £31.2k | £28.4k |
| Current assets | £193k | £166k |
| Debtors | £78.2k | £71.6k |
| Source | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- −29.1%
- Profit ÷ revenue.
- Gross margin
- 42.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £60.8k
- Revenue ÷ average employees.
- Profit per employee
- −£17.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 7.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 19.6%
- 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
- ▼1037%
- Now −£95.8k
- Cash at bank
- ▼51%
- Now £42k
- Headcount
- 0%
- Now 6
- Deferred income
- —
- Now —
- Fixed assets
- ▼9%
- Now £28.4k
Group structure
Ownership chain
- Project Group UK Holdings Limitedultimate parent75–100%
- Project Group UK Limited75–100%
- Project Studio Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (6)
- Project Ff&e LimitedRev. £39m · Profit £1.3m
- Project Furniture Residential LimitedRev. £14.1m · Profit £448k
- Project Furniture LimitedRev. £6.3m · Profit £297k
- Parlour Home LimitedFigures not disclosed
- Project FM LimitedFigures not disclosed
- Project Interiors LimitedRev. — · Profit £446k
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Wolffsohn Research LtdLisburn · specialised design activities
- Revenue
- £379k
- Profit
- £112k
- Staff
- 2
- Glow Visual LtdLeicester · specialised design activities
- Revenue
- £332k
- Profit
- £32k
- Staff
- 2
- Kina Group LimitedBraintree · specialised design activities
- Revenue
- £317k
- Profit
- £37.8k
- Staff
- 0
- Design & Development Engineering LtdPrivett · specialised design activities
- Revenue
- £310k
- Profit
- £11.5k
- Staff
- 2
- Studio-29 Lighting Design LtdLondon · specialised design activities
- Revenue
- £302k
- Profit
- £33.3k
- Staff
- 3
- Resolve Studios CICSilvertown · specialised design activities
- Revenue
- £277k
- Profit
- £51.1k
- Staff
- 6
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£106k), from the Companies House accounts bulk data published Sep 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.