How much does Elgin Infrastructure Limited make?

Elgin Infrastructure Limited reported revenue of £328k and £12.7m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Elgin Infrastructure Limited have?

Elgin Infrastructure Limited reported an average of 0 employees in the year to 31 Mar 2025.

Is Elgin Infrastructure Limited profitable?

Yes — Elgin Infrastructure Limited reported a profit of £12.7m in the year to 31 Mar 2025.

Company No. SC366432 · Incorporated 6 Oct 2009

Elgin Infrastructure Limited

Registered name: ELGIN INFRASTRUCTURE LIMITED

Part of Royal London Mutual Insurance Society,limited(The) group

Elgin Infrastructure Limited made £328k revenue and £12.7m profit in the year to 31 Mar 2025. read from filing text

Elgin Infrastructure Limited’s revenue fell 4% to £328k in the year to 31 Mar 2025, with £12.7m profit and 0 employees. The company is classified under “other business support service activities” and is based in Edinburgh; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: Edinburgh, Scotland
Age: 17 yrs · since 2009
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 Mar 2025

Key figures

Small teamCash flow filed

Revenue

£328k

Growth ▼3.5%

Profit

£12.7m

Growth —

Profit margin

3884%

Employees

Change —

Profit / employee

—

Profitable streak

1yr

Consecutive profitable years in our data

Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£301k	£309k	£340k	£328k
Operating profit	£3.5m	£24.2m	−£4.8m	£8.4m
Profit before tax	£4.9m	£26.4m	−£1.6m	£12.5m
Profit after tax	£5m	£26.5m	−£1.2m	£12.7m
Profit (best available)	£5m	£26.5m	−£1.2m	£12.7m
Employees (average)	—	0	0	0
Ratios
Profit margin	1674%	8576%	−361.5%	3884%
Cash conversion	−8.4%	−0.1%	—	−3.8%
Growth (year on year)
Revenue growth	—	▲2.5%	▲10.2%	▼3.5%
Profit growth	—	▲425%	▼104.6%	—
Balance sheet — indirect signals, not revenue
Cash at bank	£137k	£411k	£588k	£918k
Net assets	£62.7m	£87.1m	£78.4m	£86.6m
Current assets	£1.1m	£1.3m	£1.6m	£1.9m
Debtors	£984k	£847k	£1m	£939k
Deferred income	£948k	£913k	£917k	£863k
Cash from operations	−£293k	−£13.6k	−£143k	−£316k
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024	FullAccounts · bulk data Feb 2025	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 3884%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: −3.8%; 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: 263.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 286.3%; 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: ▲11%; Now £86.6m
Cash at bank: ▲56%; Now £918k
Headcount: —; Now 0
Deferred income: ▼6%; Now £863k
Fixed assets: —; Now —

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Royal London Mutual Insurance Society,limited(The)ultimate parent75–100%
Royal London Asset Management Holdings Limited75–100%
Dalmore GP Holdings Limited75–100%
Dalmore Capital 2 GP Limited75–100%
Dalmore Capital (Issuer 1) Limited75–100%
Iowa Debtco Limited75–100%
Dalmore Capital (Para 1) Limited75–100%
Cobalt Project Investments Limited50–75%
Elgin Infrastructure Limitedthis company

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

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 Mar 2025 (profit £12.7m), from the Companies House accounts bulk data published Mar 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.