F Project was an offshoot label from Formation Records which ran from 1992 to 1994. It was run by Marc Yorath who was Formation's Engineer at the time and not DJ SS (as was often assumed).
The original studio was in De Monfort house tower block on the outskirts of the city, just a room with about 6 padlocks on the door. Most of the F project and Formation early tunes were recorded in there before they moved the kit in to the new studio above the shop (5HQ)