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Company No. SC823885 · Incorporated 25 Sep 2024

Glasgow 2026 Limited

Registered name: GLASGOW 2026 LIMITED

Part of The Commonwealth Games Council for Scotland Limited group

Glasgow 2026 Limited made £12.7m revenue and £21.8k profit in the year to 30 Sep 2025.

Glasgow 2026 Limited’s revenue was £12.7m in the year to 30 Sep 2025, with £21.8k profit and 33 employees. The company is classified under “other sports activities” and is based in Glasgow.

Full P&L filedSection R · Arts, entertainment and recreationSIC 93199Other sports activities
Status
Active
Location
Glasgow, Scotland
Age
2 yrs · since 2024
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.

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 30 Sep 2025

Key figures

Young and profitableCash flow filed
Revenue
£12.7m
Growth —
Profit
£21.8k
Growth —
Profit margin
0.2%
Gross 83.8%
Employees
33
Change —
Profit / employee
£659
Revenue/employee £386k
Profitable streak
1yr
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to30 Sep 2025
DisclosureFull P&L
Profit & loss
Revenue (turnover)£12.7m
Cost of sales£2.1m
Gross profit£10.7m
Profit before tax£28.6k
Profit after tax£21.8k
Profit (best available)£21.8k
Staff costs£2.9m
Employees (average)33
Ratios
Profit margin0.2%
Gross margin83.8%
Revenue per employee£386k
Profit per employee£659
Balance sheet — indirect signals, not revenue
Cash at bank£1.9m
Net assets£21.8k
Current assets£22.1m
Debtors£20.2m
Deferred income£11m
Cash from operations£1.8m
SourceFullAccounts · bulk data Feb 2026
Derived from the latest filing

How the business works

Profit margin
0.2%
Profit ÷ revenue.
Gross margin
83.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£386k
Revenue ÷ average employees.
Profit per employee
£659
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
86.1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
158.8%
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 £21.8k
Cash at bank
—
Now £1.9m
Headcount
—
Now 33
Deferred income
—
Now £11m
Fixed assets
—
Now —

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

Ownership chain

  1. The Commonwealth Games Council for Scotland Limitedultimate parent75–100%
  2. Glasgow 2026 Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Minority corporate shareholders

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

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 30 Sep 2025 (profit £21.8k), from the Companies House accounts bulk data published Feb 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.