Credit Technologies Limited
Registered name: CREDIT TECHNOLOGIES LIMITED
Part of Quint Holdings Ltd groupCredit Technologies Limited made £13m revenue and £3.8m profit in the year to 31 Mar 2024. read from filing text
Credit Technologies Limited’s revenue fell 7% to £13m in the year to 31 Mar 2024, with £3.8m profit and 0 employees. The company is classified under “financial intermediation not elsewhere classified” and is based in Nether Alderley; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Nether Alderley, North West
- Age
- 16 yrs · since 2010
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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. From the filing: “The Ultimate Controlling Party is Greg Cox.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £14.5m | £14m | £13m |
| Cost of sales | £10.2m | £9.7m | £9.2m |
| Gross profit | £4.3m | £4.3m | £3.8m |
| Operating profit | £2.6m | £4.2m | £3.8m |
| Profit before tax | £2.6m | £4.2m | £3.8m |
| Profit after tax | £2.6m | £4.2m | £3.8m |
| Profit (best available) | £2.6m | £4.2m | £3.8m |
| Staff costs | £1.6m | £1k | — |
| Employees (average) | 21 | 0 | 0 |
| Ratios | |||
| Profit margin | 17.8% | 29.7% | 29.3% |
| Gross margin | 29.8% | 30.6% | 29.6% |
| Revenue per employee | £691k | — | — |
| Profit per employee | £123k | — | — |
| Growth (year on year) | |||
| Revenue growth | — | ▼3.6% | ▼7% |
| Profit growth | — | ▲60.7% | ▼8.3% |
| Headcount growth | — | ▼100% | — |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £204k | £240k | £218k |
| Net assets | £1.2m | £5.3m | £9.1m |
| Fixed assets | £66.5k | £5.7k | £2.9k |
| Current assets | £4m | £6.9m | £13.5m |
| Debtors | £19k | £5.8k | £0 |
| Deferred income | £156k | £108k | £104k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Mar 2025 |
How the business works
- Profit margin
- 29.3%
- Profit ÷ revenue.
- Gross margin
- 29.6%
- 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
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▲72%
- Now £9.1m
- Cash at bank
- ▼9%
- Now £218k
- Headcount
- —
- Now 0
- Deferred income
- ▼4%
- Now £104k
- Fixed assets
- ▼49%
- Now £2.9k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Quint Holdings Ltdultimate parent75–100%
- Quint Group Holdings Limited75–100%
- Credit Technologies Group Limited75–100%
- Credit Technologies Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Money Guru LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £3.8m), from the Companies House accounts bulk data published Mar 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.