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Company No. SC728742 · Incorporated 6 Apr 2022

Maryhill Open Artspace CIC

Registered name: MARYHILL OPEN ARTSPACE CIC

Maryhill Open Artspace CIC made £130k revenue and £16.7k profit in the year to 30 Apr 2025.

Maryhill Open Artspace CIC’s revenue grew 88% to £130k in the year to 30 Apr 2025, with £16.7k profit and 4 employees. The company is classified under “operation of arts facilities” and is based in Glasgow; we hold 2 years of its filed accounts.

Full P&L filedSection R · Arts, entertainment and recreationSIC 90040Operation of arts facilities
Status
Active
Location
Glasgow, Scotland
Age
4 yrs · since 2022
Type
Community Interest Company
Latest accounts · year to 30 Apr 2025

Key figures

IndependentSmall teamYoung and profitable
Revenue
£130k
Growth ▲87.5%
Profit
£16.7k
Growth —
Profit margin
12.8%
Gross 90.1%
Employees
4
Change 0%
Profit / employee
£4.2k
Revenue/employee £32.6k
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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Apr 202430 Apr 2025
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£69.5k£130k
Cost of sales£3.2k£12.8k
Gross profit£66.3k£118k
Operating profit−£2.1k£16.7k
Profit before tax−£1.9k£16.7k
Profit after tax−£1.9k£16.7k
Profit (best available)−£1.9k£16.7k
Employees (average)44
Ratios
Profit margin−2.7%12.8%
Gross margin95.4%90.1%
Revenue per employee£17.4k£32.6k
Profit per employee−£466£4.2k
Growth (year on year)
Revenue growth—▲87.5%
Headcount growth—0%
Balance sheet — indirect signals, not revenue
Cash at bank£0£10.9k
Net assets−£1.5k£15.1k
Fixed assets£14.1k£17.7k
Current assets£0£10.9k
Deferred income—£600
SourceFullAccounts · bulk data Jan 2026FullAccounts · bulk data Jan 2026
Derived from the latest filing

How the business works

Profit margin
12.8%
Profit ÷ revenue.
Gross margin
90.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£32.6k
Revenue ÷ average employees.
Profit per employee
£4.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
13.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.5%
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 £15.1k
Cash at bank
—
Now £10.9k
Headcount
0%
Now 4
Deferred income
—
Now £600
Fixed assets
▲26%
Now £17.7k

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 Apr 2025 (profit £16.7k), from the Companies House accounts bulk data published Jan 2026. 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.