How much does Shop Circle Holdings Ltd make?

Shop Circle Holdings Ltd reported revenue of £8.3m and a loss of £2.9m in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Shop Circle Holdings Ltd have?

Shop Circle Holdings Ltd reported an average of 0 employees in the year to 31 Dec 2023.

Is Shop Circle Holdings Ltd profitable?

No — Shop Circle Holdings Ltd reported a loss of £2.9m in the year to 31 Dec 2023.

Company No. 13575229 · Incorporated 19 Aug 2021

Shop Circle Holdings Ltd

Registered name: SHOP CIRCLE HOLDINGS LTD

Part of Shop Circle Ltd group

Shop Circle Holdings Ltd made £8.3m revenue and a £2.9m loss in the year to 31 Dec 2023.

Shop Circle Holdings Ltd’s revenue was £8.3m in the year to 31 Dec 2023, with a loss of £2.9m and 0 employees. The company is classified under “business and domestic software development” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development SIC 64209Activities of other holding companies n.e.c.

Status: Active
Location: London, London
Age: 5 yrs · since 2021
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.

Latest accounts · year to 31 Dec 2023

Key figures

Small team

Revenue

£8.3m

Growth —

Profit

−£2.9m

Growth —

Profit margin

−35.1%

Gross 43.5%

Employees

Change —

Profit / employee

—

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)	£827k	£8.3m
Cost of sales	£410k	£4.7m
Gross profit	£417k	£3.6m
Operating profit	£506k	£3.1m
Profit before tax	£296k	−£2.9m
Profit after tax	£296k	−£2.9m
Profit (best available)	£296k	−£2.9m
Employees (average)	0	0
Ratios
Profit margin	35.8%	−35.1%
Gross margin	50.4%	43.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£713k	£1.4m
Net assets	£357k	−£2.5m
Fixed assets	£29.4m	£51.3m
Current assets	£934k	£2m
Debtors	£26.4k	£507k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: −35.1%; Profit ÷ revenue.
Gross margin: 43.5%; 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: 620%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6.1%; 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 −£2.5m
Cash at bank: —; Now £1.4m
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: —; Now £51.3m

Corporate ownership

Group structure

Ownership chain

Shop Circle Ltdultimate parent75–100%
Shop Circle Holdings Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (3)

Opinew LimitedRev. £627k · Profit −£117k
Fiftypoint6 Group LimitedFigures not disclosed
Philalex Technologies LtdFigures not disclosed

From the Persons with Significant Control register (corporate controllers 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 −£2.9m), 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.