Credo Claims Limited
Registered name: CREDO CLAIMS LIMITED
Part of SH Global Limited groupCredo Claims Limited made £4.5k revenue and £17.5k profit in the year to 31 Dec 2024.
Credo Claims Limited’s revenue fell 68% to £4.5k in the year to 31 Dec 2024, with £17.5k profit and 0 employees. The company is classified under “activities auxiliary to financial intermediation” and is based in Grantham; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Grantham, East Midlands
- Age
- 14 yrs · since 2012
- 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: “Magical Numbers UK Limited”
Key figures
Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | −£9.7k | £13.9k | £4.5k |
| Cost of sales | −£39.9k | −£209k | £0 |
| Gross profit | £30.2k | £223k | £4.5k |
| Operating profit | −£92.2k | £218k | £22.7k |
| Profit before tax | −£78.4k | £2m | £51.8k |
| Profit after tax | −£78.4k | £2m | £17.5k |
| Profit (best available) | −£78.4k | £2m | £17.5k |
| Employees (average) | 2 | 0 | 0 |
| Ratios | |||
| Profit margin | 809.8% | 14283% | 391.6% |
| Gross margin | −312.1% | 1606% | 100% |
| Revenue per employee | −£4.8k | — | — |
| Profit per employee | −£39.2k | — | — |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼67.9% |
| Profit growth | — | — | ▼99.1% |
| Headcount growth | — | ▼100% | — |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £637 | £316 | £422 |
| Net assets | −£1.1m | £920k | £938k |
| Current assets | £1m | £1m | £1.1m |
| Debtors | £337 | £325 | £0 |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 391.6%
- Profit ÷ revenue.
- Gross margin
- 100%
- 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
- 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
- ▲2%
- Now £938k
- Cash at bank
- ▲34%
- Now £422
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- SH Global Limitedultimate parent75–100%
- Sheffield Haworth International Limited75–100%
- Sheffield Haworth Limited75–100%
- Credo Claims Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Stake Your Claim LimitedRev. £0 · Profit −£8k
Minority corporate shareholders
- Magical Numbers UK Limited 25–50%
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £17.5k), from the Companies House accounts bulk data published Sep 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.