How much does Glasgow Groove Limited make?

Glasgow Groove Limited reported revenue of £480k and £43.5k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

Is Glasgow Groove Limited profitable?

Yes — Glasgow Groove Limited reported a profit of £43.5k in the year to 31 Dec 2024.

Company No. 11255413 · Incorporated 14 Mar 2018

Glasgow Groove Limited

Registered name: GLASGOW GROOVE LIMITED

Glasgow Groove Limited made £480k revenue and £43.5k profit in the year to 31 Dec 2024.

Glasgow Groove Limited’s revenue was £480k in the year to 31 Dec 2024, with £43.5k profit. The company is classified under “hotels and similar accommodation” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 55100Hotels and similar accommodation

Status: Active
Location: London, London
Age: 8 yrs · since 2018
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

Independent

Revenue

£480k

Growth 0%

Profit

£43.5k

Growth ▲120.7%

Profit margin

9.1%

Gross 100%

Employees

—

Change —

Profit / employee

—

Profitable streak

2yrs

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 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£480k	£480k
Gross profit	£480k	£480k
Operating profit	£635k	£647k
Profit before tax	£50.5k	£43.5k
Profit after tax	£19.7k	£43.5k
Profit (best available)	£19.7k	£43.5k
Employees (average)	—	—
Ratios
Profit margin	4.1%	9.1%
Gross margin	100%	100%
Growth (year on year)
Revenue growth	—	0%
Profit growth	—	▲120.7%
Balance sheet — indirect signals, not revenue
Net assets	—	—
Source	Accounts · bulk data Jun 2025	Accounts · bulk data Jun 2025

Derived from the latest filing

How the business works

Profit margin: 9.1%; 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: —; 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 —
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Subsidiaries (1)

Glasgow Waterloo LimitedRev. £3.8m · Profit £24.3k

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2024 (profit £43.5k), from the Companies House accounts bulk data published Jun 2025. Spotted an error? Request a correction.

Updated from Companies House on 13 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.