How much does Cathedral Eye Clinic Limited make?

Cathedral Eye Clinic Limited reported revenue of £10.3m and £1m profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Cathedral Eye Clinic Limited have?

Cathedral Eye Clinic Limited reported an average of 55 employees in the year to 31 Dec 2023.

Is Cathedral Eye Clinic Limited profitable?

Yes — Cathedral Eye Clinic Limited reported a profit of £1m in the year to 31 Dec 2023.

Company No. NI071731 · Incorporated 16 Feb 2009

Cathedral Eye Clinic Limited

Registered name: CATHEDRAL EYE CLINIC LIMITED

Part of Cipchurch Holdings Limited group

Cathedral Eye Clinic Limited made £10.3m revenue and £1m profit in the year to 31 Dec 2023.

Cathedral Eye Clinic Limited’s revenue fell 10% to £10.3m in the year to 31 Dec 2023, with £1m profit and 55 employees. The company is classified under “general medical practice activities” and is based in Belfast; we hold 2 years of its filed accounts.

Full P&L filedSection Q · Human health and social workSIC 86210General medical practice activities

Status: Active
Location: Belfast, Northern Ireland
Age: 17 yrs · since 2009
Type: Private Limited Company

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

Cash flow filed

Revenue

£10.3m

Growth ▼9.6%

Profit

£1m

Growth ▼56.1%

Profit margin

9.8%

Gross 61.6%

Employees

Change ▲1.8%

Profit / employee

£18.3k

Revenue/employee £186k

Profitable streak

2yrs

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)	£11.3m	£10.3m
Cost of sales	£4.7m	£3.9m
Gross profit	£6.6m	£6.3m
Operating profit	£2.2m	£1.2m
Profit before tax	£2.3m	£1.2m
Profit after tax	£2.3m	£1m
Profit (best available)	£2.3m	£1m
Staff costs	£2.4m	£2.8m
Employees (average)	54	55
Ratios
Profit margin	20.2%	9.8%
Gross margin	58.2%	61.6%
Revenue per employee	£210k	£186k
Profit per employee	£42.4k	£18.3k
Cash conversion	69.7%	303.3%
Growth (year on year)
Revenue growth	—	▼9.6%
Profit growth	—	▼56.1%
Headcount growth	—	▲1.8%
Balance sheet — indirect signals, not revenue
Cash at bank	−£2.4m	£2.5m
Net assets	£6.9m	£7.9m
Fixed assets	£1.7m	£6.7m
Current assets	£6.5m	£6.3m
Debtors	£535k	£104k
Cash from operations	£1.5m	£3.6m
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: 9.8%; Profit ÷ revenue.
Gross margin: 61.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £186k; Revenue ÷ average employees.
Profit per employee: £18.3k; Profit ÷ average employees.
Cash conversion: 303.3%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 65.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 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: ▲15%; Now £7.9m
Cash at bank: —; Now £2.5m
Headcount: ▲2%; Now 55
Deferred income: —; Now —
Fixed assets: ▲295%; Now £6.7m

Corporate ownership

Group structure

Ownership chain

Cipchurch Holdings Limitedultimate parent75–100%
Cipchurch Acquisitions Limited75–100%
Cathedral Eye Clinic Limitedthis company

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

Sister companies (1)

Eye-Docs Holdings LimitedRev. £7.2m · Profit £947k

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2023 (profit £1m), 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.