How much does Terlin23 Ltd make?

Terlin23 Ltd reported revenue of £305k and a loss of £13.2k in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Terlin23 Ltd have?

Terlin23 Ltd reported an average of 0 employees in the year to 31 Mar 2025.

Is Terlin23 Ltd profitable?

No — Terlin23 Ltd reported a loss of £13.2k in the year to 31 Mar 2025.

Company No. SC761309 · Incorporated 7 Mar 2023

Terlin23 Ltd

Registered name: TERLIN23 LTD

Terlin23 Ltd made £305k revenue and a £13.2k loss in the year to 31 Mar 2025.

Terlin23 Ltd’s revenue grew 20% to £305k in the year to 31 Mar 2025, with a loss of £13.2k and 0 employees. The company is classified under “public houses and bars” and is based in Glasgow; we hold 2 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56302Public houses and bars

Status: Active
Location: Glasgow, Scotland
Age: 3 yrs · since 2023
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentSmall teamCapital-lightDoing more with less

Revenue

£305k

Growth ▲19.7%

Profit

−£13.2k

Growth —

Profit margin

−4.3%

Gross 17.5%

Employees

Change ▼100%

Profit / employee

—

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 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£255k	£305k
Cost of sales	£168k	£252k
Gross profit	£87.5k	£53.4k
Profit before tax	−£21.7k	−£13.2k
Profit after tax	−£21.7k	−£13.2k
Profit (best available)	−£21.7k	−£13.2k
Employees (average)	5	0
Ratios
Profit margin	−8.5%	−4.3%
Gross margin	34.3%	17.5%
Revenue per employee	£51k	—
Profit per employee	−£4.3k	—
Growth (year on year)
Revenue growth	—	▲19.7%
Headcount growth	—	▼100%
Balance sheet — indirect signals, not revenue
Cash at bank	£28.8k	£2.8k
Net assets	−£21.7k	£6.9k
Fixed assets	£2.4k	£2.4k
Current assets	£34.6k	£29.7k
Debtors	£5.8k	£26.9k
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −4.3%; Profit ÷ revenue.
Gross margin: 17.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.8%; 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 £6.9k
Cash at bank: ▼90%; Now £2.8k
Headcount: ▼100%; Now 0
Deferred income: —; Now —
Fixed assets: 0%; Now £2.4k

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£13.2k), 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.