Cirrus Limited
Registered name: CIRRUS LIMITED
Cirrus Limited made £20.1m revenue and £1.5m profit in the year to 30 Nov 2025.
Cirrus Limited’s revenue grew 1% to £20.1m in the year to 30 Nov 2025, with £1.5m profit and 63 employees. The company is classified under “manufacture of plastic plates, sheets, tubes and profiles” and is based in Craigavon; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Craigavon, Northern Ireland
- Age
- 39 yrs · since 1987
- 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 | 30 Nov 2022 | 30 Nov 2023 | 30 Nov 2024 | 30 Nov 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £23.7m | £20.1m | £19.9m | £20.1m |
| Cost of sales | £19.5m | £15.8m | £15.9m | £15m |
| Gross profit | £4.2m | £4.3m | £4m | £5.1m |
| Operating profit | £1.4m | £1.4m | £1.1m | £2m |
| Profit before tax | £1.4m | £1.4m | £1.1m | £2m |
| Profit after tax | £1.4m | £939k | £823k | £1.5m |
| Profit (best available) | £1.4m | £939k | £823k | £1.5m |
| Staff costs | £4.2m | £4.1m | £4.3m | £4.8m |
| Employees (average) | 62 | 60 | 65 | 63 |
| Ratios | ||||
| Profit margin | 5.7% | 4.7% | 4.1% | 7.4% |
| Gross margin | 17.6% | 21.2% | 20.2% | 25.4% |
| Revenue per employee | £383k | £335k | £306k | £319k |
| Profit per employee | £21.9k | £15.7k | £12.7k | £23.5k |
| Cash conversion | −64.5% | −374.9% | −200.3% | −96% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼15.3% | ▼1% | ▲1.1% |
| Profit growth | — | ▼30.8% | ▼12.4% | ▲80.1% |
| Headcount growth | — | ▼3.2% | ▲8.3% | ▼3.1% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £340k | £4m | £4.9m | £4.8m |
| Net assets | £11.8m | £12.8m | £13.6m | £15.1m |
| Fixed assets | £4.5m | £5.7m | £6.1m | £7.1m |
| Current assets | £11.2m | £11m | £11.6m | £12.6m |
| Debtors | £5.4m | £4.5m | £4.6m | £4.5m |
| Deferred income | — | £1.5m | £1.6m | £1.8m |
| Cash from operations | −£898k | −£5.3m | −£2.1m | −£1.9m |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 7.4%
- Profit ÷ revenue.
- Gross margin
- 25.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £319k
- Revenue ÷ average employees.
- Profit per employee
- £23.5k
- Profit ÷ average employees.
- Cash conversion
- −96%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 35.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 9.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 22.5%
- 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
- ▲11%
- Now £15.1m
- Cash at bank
- ▼2%
- Now £4.8m
- Headcount
- ▼3%
- Now 63
- Deferred income
- ▲18%
- Now £1.8m
- Fixed assets
- ▲18%
- Now £7.1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Pil Membranes LimitedKing's Lynn · Manufacture of plastic plates, sheets, tubes and profiles
- Revenue
- £18.4m
- Profit
- £961k
- Staff
- 125
- Egeplast UK LimitedDoncaster · Manufacture of plastic plates, sheets, tubes and profiles
- Revenue
- £17.2m
- Profit
- £831k
- Staff
- 46
- Herald Packaging LimitedCorby · Manufacture of plastic plates, sheets, tubes and profiles
- Revenue
- £16.2m
- Profit
- £768k
- Staff
- 26
- Condale Plastics LimitedEast Grinstead · Manufacture of plastic plates, sheets, tubes and profiles
- Revenue
- £15.6m
- Profit
- £2m
- Staff
- 93
- Hahn Plastics LtdSwinton · Manufacture of plastic plates, sheets, tubes and profiles
- Revenue
- £14.7m
- Profit
- £1.1m
- Staff
- 60
- BWC Profiles LtdMilton Keynes · Manufacture of plastic plates, sheets, tubes and profiles
- Revenue
- £14.5m
- Profit
- £1.2m
- Staff
- 58
Sources
Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £1.5m), from the Companies House accounts bulk data published Aug 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.