Circuit Routing Limited
Registered name: CIRCUIT ROUTING LIMITED
Circuit Routing Limited made £18.8m revenue and £927k profit in the year to 31 Mar 2025. read from filing text
Circuit Routing Limited’s revenue grew 15% to £18.8m in the year to 31 Mar 2025, with £927k profit and 14 employees. The company is classified under “business and domestic software development” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 8 yrs · since 2018
- Type
- Private Limited Company
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 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £16.3m | £18.8m |
| Cost of sales | — | — | £6.2m | £9.7m |
| Gross profit | — | — | £10.1m | £9m |
| Operating profit | — | — | £2.5m | £1m |
| Profit before tax | — | — | £2.6m | £1.3m |
| Profit after tax | — | — | £2m | £927k |
| Profit (best available) | — | — | £2m | £927k |
| Staff costs | — | — | £1.8m | £2.4m |
| Employees (average) | 9 | 11 | 15 | 14 |
| Ratios | ||||
| Profit margin | — | — | 12% | 4.9% |
| Gross margin | — | — | 62% | 48.1% |
| Revenue per employee | — | — | £1.1m | £1.3m |
| Profit per employee | — | — | £130k | £66.2k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲15.4% |
| Profit growth | — | — | — | ▼52.5% |
| Headcount growth | — | ▲22.2% | ▲36.4% | ▼6.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.8m | £2.8m | £4.8m | £6.1m |
| Net assets | £1.9m | £3.5m | £5.5m | £7.2m |
| Fixed assets | £33.6k | £31.1k | £217k | £376k |
| Current assets | £2.6m | £4.3m | £6.5m | £7.8m |
| Debtors | £693k | £1.2m | £1.4m | £1.6m |
| Deferred income | — | — | £53.4k | £115k |
| Source | FilletedAccounts · bulk data Dec 2023 | FilletedAccounts · bulk data Dec 2023 | FilletedAccounts · bulk data Sep 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 4.9%
- Profit ÷ revenue.
- Gross margin
- 48.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.3m
- Revenue ÷ average employees.
- Profit per employee
- £66.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8.4%
- 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
- ▲33%
- Now £7.2m
- Cash at bank
- ▲27%
- Now £6.1m
- Headcount
- ▼7%
- Now 14
- Deferred income
- ▲115%
- Now £115k
- Fixed assets
- ▲73%
- Now £376k
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
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £927k), from the Companies House accounts bulk data published Dec 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.