How much does CRM Students Limited make?

CRM Students Limited reported revenue of £8.2m and a loss of £552k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does CRM Students Limited have?

CRM Students Limited reported an average of 109 employees in the year to 31 Dec 2023.

Is CRM Students Limited profitable?

No — CRM Students Limited reported a loss of £552k in the year to 31 Dec 2023.

Company No. 04886412 · Incorporated 3 Sep 2003

CRM Students Limited

Registered name: CRM STUDENTS LIMITED

Part of Yugo Holdings Limited group

CRM Students Limited made £8.2m revenue and a £552k loss in the year to 31 Dec 2023.

CRM Students Limited’s revenue grew 10% to £8.2m in the year to 31 Dec 2023, with a loss of £552k and 109 employees. The company is classified under “management of real estate on a fee or contract basis” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68320Management of real estate on a fee or contract basis

Status: Active
Location: London, London
Age: 23 yrs · since 2003
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2023

Key figures

Capital-light

Revenue

£8.2m

Growth ▲10.1%

Profit

−£552k

Growth —

Profit margin

−6.7%

Gross 98.5%

Employees

109

Change ▲2.8%

Profit / employee

−£5.1k

Revenue/employee £75.1k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£6.4m	£7.4m	£8.2m
Cost of sales	£269k	£158k	£127k
Gross profit	£6.1m	£7.3m	£8.1m
Operating profit	−£2.6m	−£1.6m	−£566k
Profit before tax	−£2.5m	−£1.6m	−£552k
Profit after tax	−£2.4m	−£1.6m	−£552k
Profit (best available)	−£2.4m	−£1.6m	−£552k
Staff costs	£5.1m	£5m	£5.2m
Employees (average)	117	106	109
Ratios
Profit margin	−37.8%	−21.4%	−6.7%
Gross margin	95.8%	97.9%	98.5%
Revenue per employee	£54.8k	£70.2k	£75.1k
Profit per employee	−£20.7k	−£15k	−£5.1k
Growth (year on year)
Revenue growth	—	▲15.9%	▲10.1%
Headcount growth	—	▼9.4%	▲2.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.9m	£3.3m	£2.6m
Net assets	£1.3m	−£256k	−£808k
Fixed assets	£605k	£365k	£201k
Current assets	£4.8m	£6.5m	£7m
Debtors	£888k	£413k	£1.4m
Deferred income	£1.2m	£1.8m	£2.3m
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: −6.7%; Profit ÷ revenue.
Gross margin: 98.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £75.1k; Revenue ÷ average employees.
Profit per employee: −£5.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 28.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.3%; 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 −£808k
Cash at bank: ▼21%; Now £2.6m
Headcount: ▲3%; Now 109
Deferred income: ▲30%; Now £2.3m
Fixed assets: ▼45%; Now £201k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Yugo Holdings Limitedultimate parent75–100%
DCRM Ltd75–100%
CRM Students Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£552k), from the Companies House accounts bulk data published Dec 2024. 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.