Riverside Music College Limited
Registered name: RIVERSIDE MUSIC COLLEGE LIMITED
Riverside Music College Limited made £889k revenue and £105k profit in the year to 31 Mar 2025.
Riverside Music College Limited’s revenue grew 20% to £889k in the year to 31 Mar 2025, with £105k profit and 18 employees. The company is classified under “technical and vocational secondary education” and is based in Glasgow; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 8 yrs · since 2017
- Type
- PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £688k | £741k | £889k |
| Cost of sales | — | £132k | £143k | £183k |
| Gross profit | — | £556k | £598k | £707k |
| Operating profit | — | £32.2k | £26.4k | £117k |
| Profit before tax | — | £22.4k | £12.9k | £108k |
| Profit after tax | — | £19.1k | £17.9k | £105k |
| Profit (best available) | — | £19.1k | £17.9k | £105k |
| Employees (average) | 15 | 16 | 17 | 18 |
| Ratios | ||||
| Profit margin | — | 2.8% | 2.4% | 11.8% |
| Gross margin | — | 80.8% | 80.7% | 79.5% |
| Revenue per employee | — | £43k | £43.6k | £49.4k |
| Profit per employee | — | £1.2k | £1.1k | £5.9k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲7.6% | ▲20% |
| Profit growth | — | — | ▼6.3% | ▲490.4% |
| Headcount growth | — | ▲6.7% | ▲6.3% | ▲5.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £246k | £267k | £195k | £207k |
| Net assets | £256k | £275k | £293k | £398k |
| Fixed assets | £174k | £139k | £145k | £233k |
| Current assets | £294k | £293k | £281k | £284k |
| Debtors | £48k | £25.6k | £64k | £62.2k |
| Source | AbridgedAccounts · bulk data Dec 2023 | AbridgedAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 11.8%
- Profit ÷ revenue.
- Gross margin
- 79.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £49.4k
- Revenue ÷ average employees.
- Profit per employee
- £5.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 26.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7%
- 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
- ▲36%
- Now £398k
- Cash at bank
- ▲6%
- Now £207k
- Headcount
- ▲6%
- Now 18
- Deferred income
- —
- Now —
- Fixed assets
- ▲60%
- Now £233k
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £105k), from the Companies House accounts bulk data published Dec 2025. 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.