How much does Circle Scotland C.I.C. make?

Circle Scotland C.I.C. reported revenue of £452k and a loss of £81.7k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Circle Scotland C.I.C. have?

Circle Scotland C.I.C. reported an average of 6 employees in the year to 31 Dec 2023.

Is Circle Scotland C.I.C. profitable?

No — Circle Scotland C.I.C. reported a loss of £81.7k in the year to 31 Dec 2023.

Company No. SC515218 · Incorporated 9 Sep 2015

Circle Scotland C.I.C.

Registered name: CIRCLE SCOTLAND C.I.C.

Circle Scotland C.I.C. made £452k revenue and a £81.7k loss in the year to 31 Dec 2023.

Circle Scotland C.I.C.’s revenue grew 5% to £452k in the year to 31 Dec 2023, with a loss of £81.7k and 6 employees. The company is classified under “other business support service activities” and is based in Dundee; we hold 2 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: Dundee, Scotland
Age: 11 yrs · since 2015
Type: Community Interest Company

Latest accounts · year to 31 Dec 2023

Key figures

IndependentSmall teamDoing more with less

Revenue

£452k

Growth ▲4.9%

Profit

−£81.7k

Growth —

Profit margin

−18.1%

Gross 100%

Employees

Change ▼33.3%

Profit / employee

−£13.6k

Revenue/employee £75.3k

Profitable streak

0yrs

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)	£431k	£452k
Gross profit	£431k	£452k
Operating profit	−£153k	−£81.7k
Profit before tax	−£153k	−£81.7k
Profit after tax	−£152k	−£81.7k
Profit (best available)	−£152k	−£81.7k
Employees (average)	9	6
Ratios
Profit margin	−35.2%	−18.1%
Gross margin	100%	100%
Revenue per employee	£47.9k	£75.3k
Profit per employee	−£16.8k	−£13.6k
Growth (year on year)
Revenue growth	—	▲4.9%
Headcount growth	—	▼33.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£170k	£30k
Net assets	−£79.6k	−£161k
Fixed assets	£58k	£68.5k
Current assets	£298k	£177k
Debtors	£32.3k	£60.9k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: −18.1%; Profit ÷ revenue.
Gross margin: 100%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £75.3k; Revenue ÷ average employees.
Profit per employee: −£13.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 15.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.5%; 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: —; Now −£161k
Cash at bank: ▼82%; Now £30k
Headcount: ▼33%; Now 6
Deferred income: —; Now —
Fixed assets: ▲18%; Now £68.5k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£81.7k), 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.