Cirqlr East Limited
Registered name: CIRQLR EAST LIMITED
Part of Icon Sterling Infra Holdings Limited groupCirqlr East Limited made £42.5m revenue and a £3.8m loss in the year to 31 Dec 2025.
Cirqlr East Limited’s revenue was £42.5m in the year to 31 Dec 2025, with a loss of £3.8m and 172 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, London
- Age
- 2 yrs · since 2024
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £25m | £42.5m |
| Cost of sales | −£20.3m | −£33.2m |
| Gross profit | £4.7m | £9.4m |
| Operating profit | −£2m | −£3.8m |
| Profit before tax | −£2m | −£3.8m |
| Profit after tax | −£35.1k | −£3.8m |
| Profit (best available) | −£35.1k | −£3.8m |
| Employees (average) | 155 | 172 |
| Ratios | ||
| Profit margin | −0.1% | −8.9% |
| Gross margin | 18.7% | 22.1% |
| Revenue per employee | £161k | £247k |
| Profit per employee | −£227 | −£22.1k |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £38.3k | — |
| Net assets | £51.9m | — |
| Fixed assets | £52.1m | — |
| Current assets | £120k | — |
| Debtors | £0 | — |
| Source | FullAccounts · bulk data Jul 2025 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −8.9%
- Profit ÷ revenue.
- Gross margin
- 22.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £247k
- Revenue ÷ average employees.
- Profit per employee
- −£22.1k
- 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
- —
- Now 172
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Icon Sterling Infra Holdings Limitedultimate parent75–100%
- Cirqlr Group Limited75–100%
- Cirqlr Group Finco Limited75–100%
- Cirqlr East Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Ellgia Holdings LimitedRev. £0 · Profit −£237k
Sister companies (5)
- Pulse Bidco LimitedRev. £32.7m · Profit −£3.4m
- Cirqlr DRS LimitedFigures not disclosed
- 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 −£3.8m), from the Companies House accounts bulk data published Sep 2026. 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.