The Acorn Progression Project CIC
Registered name: THE ACORN PROGRESSION PROJECT CIC
The Acorn Progression Project CIC made £336k revenue and £1.5k profit in the year to 30 Nov 2024.
The Acorn Progression Project CIC’s revenue grew 63% to £336k in the year to 30 Nov 2024, with £1.5k profit and 5 employees. The company is classified under “other accommodation” and is based in Stoke-on-Trent; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Stoke-on-Trent, West Midlands
- Age
- 4 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 | 30 Nov 2022 | 30 Nov 2023 | 30 Nov 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £207k | £336k |
| Cost of sales | — | £46.1k | £38.5k |
| Gross profit | — | £161k | £298k |
| Operating profit | — | £977 | £1.7k |
| Profit before tax | — | £977 | £1.7k |
| Profit after tax | — | £739 | £1.5k |
| Profit (best available) | — | £739 | £1.5k |
| Employees (average) | 5 | 8 | 5 |
| Ratios | |||
| Profit margin | — | 0.4% | 0.4% |
| Gross margin | — | 77.7% | 88.6% |
| Revenue per employee | — | £25.9k | £67.3k |
| Profit per employee | — | £92 | £304 |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲62.6% |
| Profit growth | — | — | ▲105.6% |
| Headcount growth | — | ▲60% | ▼37.5% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £5.2k | £29.8k | £4.8k |
| Net assets | −£2.3k | −£1.5k | £6 |
| Fixed assets | £0 | £1.3k | £2k |
| Current assets | £5.2k | £32.8k | £24.1k |
| Debtors | £0 | £0 | £0 |
| Deferred income | £600 | £20.3k | £13.3k |
| Source | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 0.4%
- Profit ÷ revenue.
- Gross margin
- 88.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £67.3k
- Revenue ÷ average employees.
- Profit per employee
- £304
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 4%
- 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
- —
- Now £6
- Cash at bank
- ▼84%
- Now £4.8k
- Headcount
- ▼38%
- Now 5
- Deferred income
- ▼34%
- Now £13.3k
- Fixed assets
- ▲61%
- Now £2k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 30 Nov 2024 (profit £1.5k), from the Companies House accounts bulk data published Nov 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.