Project Venus Limited
Registered name: PROJECT VENUS LIMITED
Project Venus Limited made £15.2m revenue and a £7.8m loss in the year to 31 Dec 2024.
Project Venus Limited’s revenue was £15.2m in the year to 31 Dec 2024, with a loss of £7.8m. The company is classified under “activities of other holding companies” and is based in Brighton.
- Status
- Active
- Location
- Brighton
- Age
- 2 yrs · since 2024
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2024 |
|---|---|
| Disclosure | Full P&L |
| Profit & loss | |
| Revenue (turnover) | £15.2m |
| Cost of sales | −£7m |
| Gross profit | £8.3m |
| Operating profit | −£3.4m |
| Profit before tax | −£8.3m |
| Profit after tax | −£7.8m |
| Profit (best available) | −£7.8m |
| Employees (average) | — |
| Ratios | |
| Profit margin | −51.2% |
| Gross margin | 54.2% |
| Balance sheet — indirect signals, not revenue | |
| Net assets | — |
| Source | Accounts · bulk data Oct 2025 |
How the business works
- Profit margin
- −51.2%
- Profit ÷ revenue.
- Gross margin
- 54.2%
- 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.
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 —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (1)
- 15Below Holdings LimitedRev. — · Profit £194k
Minority corporate shareholders
- LDC GP LLP 25–50%
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit −£7.8m), from the Companies House accounts bulk data published Oct 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.