How much does Credit Repair Ltd make?

Credit Repair Ltd reported revenue of £8m and a loss of £2.5m in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Credit Repair Ltd have?

Credit Repair Ltd reported an average of 0 employees in the year to 31 Mar 2023.

Is Credit Repair Ltd profitable?

No — Credit Repair Ltd reported a loss of £2.5m in the year to 31 Mar 2023.

Company No. 05158222 · Incorporated 21 Jun 2004

Credit Repair Ltd

Registered name: CREDIT REPAIR LTD

Part of Commodore Limited group

Credit Repair Ltd made £8m revenue and a £2.5m loss in the year to 31 Mar 2023.

Credit Repair Ltd’s revenue fell 46% to £8m in the year to 31 Mar 2023, with a loss of £2.5m and 0 employees. The company is classified under “maintenance and repair of motor vehicles” and is based in Birmingham; we hold 3 years of its filed accounts.

Full P&L filedSIC 45200Maintenance and repair of motor vehicles

Status: In Administration
Location: Birmingham
Age: 22 yrs · since 2004
Type: Private Limited Company

Latest accounts · year to 31 Mar 2023

Key figures

Revenue

£8m

Growth ▼46.4%

Profit

−£2.5m

Growth ▼200%

Profit margin

−30.9%

Gross 21.7%

Employees

Change —

Profit / employee

—

Profitable streak

0yrs

Consecutive profitable years in our data

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2021	31 Mar 2022	31 Mar 2023
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£9.1m	£14.9m	£8m
Cost of sales	−£8.4m	−£12.4m	−£6.2m
Gross profit	£702k	£2.4m	£1.7m
Operating profit	£702k	£2.3m	£1.8m
Profit before tax	£702k	£2.5m	£2m
Profit after tax	£702k	£2.5m	−£2.5m
Profit (best available)	£702k	£2.5m	−£2.5m
Employees (average)	0	0	0
Ratios
Profit margin	7.7%	16.6%	−30.9%
Gross margin	7.7%	16.3%	21.7%
Growth (year on year)
Revenue growth	—	▲62.6%	▼46.4%
Profit growth	—	▲250.1%	▼200%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Jan 2023	Accounts · bulk data Jan 2023	Accounts · bulk data Apr 2024

Derived from the latest filing

How the business works

Profit margin: −30.9%; Profit ÷ revenue.
Gross margin: 21.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; 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.

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 —
Cash at bank: —; Now —
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Commodore Limited (registered outside the UK register)ultimate parent75–100%
Edam Group Limited75–100%
Credit Repair Ltdthis company

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

Sister companies (2)

Garvins Law LimitedRev. £2.5m · Profit £125k
Easi-Drive LimitedIn AdministrationFigures not disclosed

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

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2023 (profit −£2.5m), from the Companies House accounts bulk data published Apr 2024. Spotted an error? Request a correction.

Updated from Companies House on 19 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.