Cirqlr Group Finco Limited
Registered name: CIRQLR GROUP FINCO LIMITED
Part of Icon Sterling Infra Holdings Limited groupCirqlr Group Finco Limited made £130m revenue and a £18.4m loss in the year to 31 Dec 2025.
Cirqlr Group Finco Limited’s revenue grew 59% to £130m in the year to 31 Dec 2025, with a loss of £18.4m and 610 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 3 yrs · since 2023
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £82.1m | £130m |
| Cost of sales | −£58.4m | −£93.8m |
| Gross profit | £23.7m | £36.5m |
| Operating profit | −£1.3m | −£10.5m |
| Profit before tax | −£4.6m | −£19.3m |
| Profit after tax | −£6m | −£18.4m |
| Profit (best available) | −£6m | −£18.4m |
| Employees (average) | 469 | 610 |
| Ratios | ||
| Profit margin | −7.3% | −14.1% |
| Gross margin | 28.9% | 28% |
| Revenue per employee | £175k | £214k |
| Profit per employee | −£12.9k | −£30.2k |
| Growth (year on year) | ||
| Revenue growth | — | ▲58.7% |
| Headcount growth | — | ▲30.1% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Oct 2026 | Accounts · bulk data Oct 2026 |
How the business works
- Profit margin
- −14.1%
- Profit ÷ revenue.
- Gross margin
- 28%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £214k
- Revenue ÷ average employees.
- Profit per employee
- −£30.2k
- 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.
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
- ▲30%
- Now 610
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Icon Sterling Infra Holdings Limitedultimate parent75–100%
- Cirqlr Group Limited75–100%
- Cirqlr Group Finco Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (6)
- Pulse Bidco LimitedRev. £32.7m · Profit −£3.4m
- Cirqlr DRS LimitedFigures not disclosed
- Cirqlr East LimitedRev. — · Profit −£35.1k
- Cirqlr London LimitedFigures not disclosed
- Cirqlr Serviceco LimitedFigures not disclosed
- Cox Bidco LimitedRev. — · Profit −£15.1k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit −£18.4m), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.
Updated from Companies House on 21 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.