Silkfutures CIC
Silkfutures CIC is a Cardiff-based Community Interest Company founded in 2020. We support young people aged 11–25, particularly those from low socio-economic and racially marginalised backgrounds, to access creative education, music production and physical wellbeing activities. Our work removes financial and social barriers that prevent young people from engaging with the creative sectors. During the financial year ending February 2026, the community benefitted in the following ways: • 133 young people were directly supported through free access to professional recording studio time, specialised music mentoring and guidance, and one-to-one and group creative sessions • 250+ young people were reached indirectly through workshops, community events and open-access sessions • 474 structured sessions were delivered across multiple community venues in Cardiff including Grangetown, St Mellons and Cardiff West • Young people were supported into next steps including further education, employment and creative careers • The Set Pace programme delivered weekly physical and wellbeing activities — including boxing, hiking and team challenges — improving resilience, confidence and emotional regulation • A reduction in violence and criminal activity was noted among young people supported, as reported by referral partners and youth workers • Young people reported improved mental health, increased confidence and stronger peer relationships as a result of participating in our programmes Over 70% of young people supported came from Black or racially minoritised communities. All sessions were provided free of charge, ensuring equal access regardless of financial circumstance.
Revenue
£86k
▲ +57.0% vs prior ~12m period
Profit after tax
-£568
Margin -1.2%
Employees
2
▲ +100.0% vs prior ~12m period
Net assets
£15k
Total assets £54k
Financial history
Revenue by accounting period
6 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 28 Feb 2026 | £86k | ▲ +57.0% | — | 2 | £15k |
| 28 Feb 2025 | £55k | ▲ +119.1% | — | 1 | £16k |
| 29 Feb 2024 | £25k | ▼ -27.8% | -£1k | 0 | -£5k |
| 28 Feb 2023 | £34k | ▲ +38.5% | -£9k | 1 | -£4k |
| 28 Feb 2022 | £25k | ▲ +63679.5% | £5k | 1 | £5k |
| 28 Feb 2021 | £39 | — | -£93 | 0 | -£93 |
Latest available figures
Period ending 28 Feb 2026. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £86k
- Gross profit
- £49k
- Operating profit
- -£1k
- Profit before tax
- Not available
- Profit after tax
- -£568
Balance sheet
- Total assets
- £54k
- Cash
- £47k
- Total liabilities
- £39k
- Net assets
- £15k
- Revenue per employee
- £43k
Similar companies
| Company | Industry | Location | Revenue | Growth | Employees |
|---|---|---|---|---|---|
| Saffron Interactive Limited 04054874 | Information & communication | London | £500k | ▼ -14.4% | 13 |
| Gemini Gift Books Limited 03509097 | Information & communication | Woodbridge | £498k | — | 2 |
| Muxco Lincolnshire Limited 06204592 | Information & communication | London | £498k | ▲ +8.9% | 0 |
| Techronica Limited 15455445 | Information & communication | London | £496k | ▲ +29.0% | 0 |
| The Active Network (Eu) Ltd 06229631 | Information & communication | London | £494k | ▼ -41.8% | 5 |
Other information & communication companies in Wales
| Company | Industry | Location | Revenue | Growth | Employees |
|---|---|---|---|---|---|
| Bad Wolf Ltd 09686683 | Information & communication | Cardiff | £117.3m | — | 40 |
| Txo Systems Ltd 05479601 | Information & communication | Chepstow | £45.0m | ▲ +18.3% | 121 |
| Bad Wolf (Twk) Ltd 13965680 | Information & communication | Cardiff | £33.0m | — | 5 |
| Globetel Consulting Ltd 11473339 | Information & communication | Cardiff | £30.1m | ▼ -5.7% | 0 |
| Mandaco 799 Limited 09019473 | Information & communication | Cardiff | £27.7m | ▲ +32.3% | 2 |