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Company No. 15219291 · Incorporated 18 Oct 2023

The Smart Action Project CIC

Registered name: THE SMART ACTION PROJECT CIC

The Smart Action Project CIC made £10.3k revenue and £1.3k profit in the year to 31 Oct 2024.

The Smart Action Project CIC’s revenue was £10.3k in the year to 31 Oct 2024, with £1.3k profit and 0 employees. The company is classified under “sports and recreation education” and is based in Barnstaple.

Status
Active
Location
Barnstaple, South West
Age
3 yrs · since 2023
Type
Community Interest Company
Latest accounts · year to 31 Oct 2024

Key figures

IndependentSmall teamYoung and profitable
Revenue
£10.3k
Growth —
Profit
£1.3k
Growth —
Profit margin
12.6%
Gross 25.4%
Employees
0
Change —
Profit / employee
—
 
Profitable streak
1yr
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to31 Oct 2024
DisclosureFull P&L
Profit & loss
Revenue (turnover)£10.3k
Cost of sales£7.7k
Gross profit£2.6k
Operating profit£1.3k
Profit before tax£1.3k
Profit after tax£1.3k
Profit (best available)£1.3k
Employees (average)0
Ratios
Profit margin12.6%
Gross margin25.4%
Balance sheet — indirect signals, not revenue
Cash at bank£1.3k
Net assets£1.3k
Current assets£1.3k
SourceFullAccounts · bulk data Jul 2025
Derived from the latest filing

How the business works

Profit margin
12.6%
Profit ÷ revenue.
Gross margin
25.4%
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
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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 £1.3k
Cash at bank
—
Now £1.3k
Headcount
—
Now 0
Deferred income
—
Now —
Fixed assets
—
Now —

Sources

Latest figures from FullAccounts for the year to 31 Oct 2024 (profit £1.3k), from the Companies House accounts bulk data published Jul 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.