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Company No. SC582569 · Incorporated 28 Nov 2017

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.

Latest accounts · year to 31 Mar 2025

Key figures

IndependentOperating leverage
Revenue
£889k
Growth ▲20%
Profit
£105k
Growth ▲490.4%
Profit margin
11.8%
Gross 79.5%
Employees
18
Change ▲5.9%
Profit / employee
£5.9k
Revenue/employee £49.4k
Profitable streak
3yrs
Consecutive profitable years in our data

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 to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureNo P&LFull P&LFull P&LFull 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)15161718
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
SourceAbridgedAccounts · bulk data Dec 2023AbridgedAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

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.
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
▲36%
Now £398k
Cash at bank
▲6%
Now £207k
Headcount
▲6%
Now 18
Deferred income
—
Now —
Fixed assets
▲60%
Now £233k
Same industry, similar size

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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.