The London Ukulele Project CIC
Registered name: THE LONDON UKULELE PROJECT CIC
The London Ukulele Project CIC made £32.8k revenue and £446 profit in the year to 31 May 2024.
The London Ukulele Project CIC’s revenue grew 35% to £32.8k in the year to 31 May 2024, with £446 profit and 1 employee. The company is classified under “retail sale of musical instruments and scores” and is based in Richmond; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Richmond, London
- Age
- 5 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 | 31 May 2022 | 31 May 2023 | 31 May 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £15.6k | £24.3k | £32.8k |
| Cost of sales | £983 | £11.1k | £9.9k |
| Gross profit | £14.7k | £13.2k | £22.8k |
| Operating profit | −£5.1k | £8.1k | £736 |
| Profit before tax | −£5.1k | £8.1k | £586 |
| Profit after tax | −£5.1k | £7.5k | £446 |
| Profit (best available) | −£5.1k | £7.5k | £446 |
| Employees (average) | 1 | 1 | 1 |
| Ratios | |||
| Profit margin | −32.5% | 30.9% | 1.4% |
| Gross margin | 93.7% | 54.3% | 69.7% |
| Revenue per employee | £15.6k | £24.3k | £32.8k |
| Profit per employee | −£5.1k | £7.5k | £446 |
| Growth (year on year) | |||
| Revenue growth | — | ▲55.1% | ▲35% |
| Profit growth | — | — | ▼94% |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £3.2k | £3.3k | £3.3k |
| Net assets | −£5.1k | £2.4k | £2.9k |
| Current assets | £3.2k | £3.3k | £3.3k |
| Debtors | — | £1 | — |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Feb 2025 |
How the business works
- Profit margin
- 1.4%
- Profit ÷ revenue.
- Gross margin
- 69.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £32.8k
- Revenue ÷ average employees.
- Profit per employee
- £446
- 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
- ▲18%
- Now £2.9k
- Cash at bank
- ▲1%
- Now £3.3k
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 May 2024 (profit £446), from the Companies House accounts bulk data published Feb 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.