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Company No. SC643675 · Incorporated 7 Oct 2019

CR24 Limited

Registered name: CR24 LIMITED

CR24 Limited made £14.4m revenue and £314k profit in the year to 31 Dec 2025.

CR24 Limited’s revenue grew 9% to £14.4m in the year to 31 Dec 2025, with £314k profit and 32 employees. The company is classified under “management consultancy activities other than financial management” and is based in Glasgow; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 70229Management consultancy activities other than financial management
Status
Active
Location
Glasgow, Scotland
Age
7 yrs · since 2019
Type
Private Limited Company
Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-lightOperating leverageCash flow filed
Revenue
£14.4m
Growth ▲8.8%
Profit
£314k
Growth ▲61.2%
Profit margin
2.2%
Gross 17.6%
Employees
32
Change ▲6.7%
Profit / employee
£9.8k
Revenue/employee £449k
Profitable streak
4yrs
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 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£12.1m£14.7m£13.2m£14.4m
Cost of sales£9.5m£12.2m£10.6m£11.8m
Gross profit£2.6m£2.6m£2.6m£2.5m
Operating profit£2.1m£1.8m£1.4m£1.6m
Profit before tax£2.1m£1.8m£1.4m£1.6m
Profit after tax£1.7m£103k£195k£314k
Profit (best available)£1.7m£103k£195k£314k
Staff costs£883k£1m£1.3m£1.3m
Employees (average)23263032
Ratios
Profit margin13.7%0.7%1.5%2.2%
Gross margin21.6%17.3%19.4%17.6%
Revenue per employee£526k£566k£440k£449k
Profit per employee£72.1k£4k£6.5k£9.8k
Cash conversion64.4%127.8%97.5%−34.5%
Growth (year on year)
Revenue growth—▲21.7%▼10.3%▲8.8%
Profit growth—▼93.8%▲88.8%▲61.2%
Headcount growth—▲13%▲15.4%▲6.7%
Balance sheet — indirect signals, not revenue
Cash at bank£2.2m£145k£260k£514
Net assets£800k£903k£1.1m£1.4m
Fixed assets£872k£872k£872k£945k
Current assets£4.9m£6.2m£265k£507k
Debtors£1.4m£1.1m£4.8k£2.4k
Deferred income—£3k£3k£4k
Cash from operations£1.3m£2.3m£1.4m−£539k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
2.2%
Profit ÷ revenue.
Gross margin
17.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£449k
Revenue ÷ average employees.
Profit per employee
£9.8k
Profit ÷ average employees.
Cash conversion
−34.5%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
6.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0%
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
▲29%
Now £1.4m
Cash at bank
▼100%
Now £514
Headcount
▲7%
Now 32
Deferred income
▲33%
Now £4k
Fixed assets
▲8%
Now £945k

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

Subsidiaries (2)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £314k), from the Companies House accounts bulk data published Sep 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.