How much does Square Pegs Round Holes C.I.C. make?

Square Pegs Round Holes C.I.C. reported revenue of £50.9k and a loss of £16 in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Square Pegs Round Holes C.I.C. have?

Square Pegs Round Holes C.I.C. reported an average of 3 employees in the year to 31 Dec 2023.

Is Square Pegs Round Holes C.I.C. profitable?

No — Square Pegs Round Holes C.I.C. reported a loss of £16 in the year to 31 Dec 2023.

Company No. 09926982 · Incorporated 22 Dec 2015

Square Pegs Round Holes C.I.C.

Registered name: SQUARE PEGS ROUND HOLES C.I.C.

Square Pegs Round Holes C.I.C. made £50.9k revenue and a £16 loss in the year to 31 Dec 2023.

Square Pegs Round Holes C.I.C.’s revenue grew 27% to £50.9k in the year to 31 Dec 2023, with a loss of £16 and 3 employees. The company is classified under “other social work activities without accommodation” and is based in Wolverhampton; we hold 2 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 88990Other social work activities without accommodation n.e.c.

Status: Active
Location: Wolverhampton, West Midlands
Age: 10 yrs · since 2015
Type: Community Interest Company

Latest accounts · year to 31 Dec 2023

Key figures

IndependentSmall team

Revenue

£50.9k

Growth ▲26.7%

Profit

−£16

Growth ▼122.9%

Profit margin

Gross 100%

Employees

Change 0%

Profit / employee

−£5

Revenue/employee £17k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£40.1k	£50.9k
Cost of sales	£111	—
Gross profit	£40k	£50.9k
Operating profit	£70	−£16
Profit before tax	£70	−£16
Profit after tax	£70	−£16
Profit (best available)	£70	−£16
Employees (average)	3	3
Ratios
Profit margin	0.2%	0%
Gross margin	99.7%	100%
Revenue per employee	£13.4k	£17k
Profit per employee	£23	−£5
Growth (year on year)
Revenue growth	—	▲26.7%
Profit growth	—	▼122.9%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£222	£6.9k
Net assets	£1.8k	£1.7k
Current assets	£2.7k	£6.9k
Debtors	£2.5k	—
Deferred income	£960	£960
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: 0%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £17k; Revenue ÷ average employees.
Profit per employee: −£5; 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: 1.9%; 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: ▼1%; Now £1.7k
Cash at bank: ▲3024%; Now £6.9k
Headcount: 0%; Now 3
Deferred income: 0%; Now £960
Fixed assets: —; Now —

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£16), from the Companies House accounts bulk data published Sep 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.