The Youth Project UK CIC
Registered name: THE YOUTH PROJECT UK CIC
Part of Elijah Akinbade groupThe Youth Project UK CIC made £117k revenue and £370 profit in the year to 31 Aug 2024.
The Youth Project UK CIC’s revenue grew 26% to £117k in the year to 31 Aug 2024, with £370 profit and 2 employees. The company is classified under “other social work activities without accommodation” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- London, London
- Age
- 4 yrs · since 2022
- Type
- Community Interest 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2023 | 31 Aug 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £93.5k | £117k |
| Cost of sales | £15.1k | £22.8k |
| Gross profit | £78.4k | £94.7k |
| Operating profit | £0 | £458 |
| Profit before tax | £0 | £458 |
| Profit after tax | £0 | £370 |
| Profit (best available) | £0 | £370 |
| Employees (average) | 3 | 2 |
| Ratios | ||
| Profit margin | 0% | 0.3% |
| Gross margin | 83.9% | 80.6% |
| Revenue per employee | £31.2k | £58.7k |
| Profit per employee | £0 | £185 |
| Growth (year on year) | ||
| Revenue growth | — | ▲25.7% |
| Headcount growth | — | ▼33.3% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £6.4k | £4.8k |
| Net assets | £11.3k | £7.9k |
| Fixed assets | £5.2k | £4.2k |
| Current assets | £7.1k | £4.8k |
| Debtors | £729 | £0 |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Aug 2025 |
How the business works
- Profit margin
- 0.3%
- Profit ÷ revenue.
- Gross margin
- 80.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £58.7k
- Revenue ÷ average employees.
- Profit per employee
- £185
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.5%
- 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
- ▼31%
- Now £7.9k
- Cash at bank
- ▼26%
- Now £4.8k
- Headcount
- ▼33%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- ▼20%
- Now £4.2k
Group structure
Ownership chain
- Elijah Akinbade (registered outside the UK register)ultimate parent50–75%
- The Youth Project UK CICthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Aug 2024 (profit £370), 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.