PERFECT CIRCLE JV LTD

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +14.7%

  £99,598,792 → £114,225,514

• Cash

  +164.6%

  £1,437,956 → £3,804,355

• Net assets

  -14.6%

  £718,085 → £613,505

• Employees

  0%

  3 → 3

• Operating profit

  +10.9%

  £4,056,388 → £4,499,020

• Profit before tax

  +10.9%

  £4,056,388 → £4,499,020

• Wages

  +24.9%

  £327,773 → £409,417

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

MHA

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“By virtue of the Company's business model as described, the directors have concluded that the Company can meet its obligations as they fall due for at least the 12 months following the date of approval of these financial statements, and have therefore prepared the financial statements on the basis that the Company is a going concern.”

Significant events

• “The Company saw a 15% increase in Turnover year on year, as predicted due to the build-up of work under the new generation Scape framework, which is supported by the growth in our total secured orderbook from £751.8m to £945.3m.”
• “The Company's operating profit for the year was £4,499,020 (2023: £4,056,388), increasing by 11%, in line with the increase in Turnover but mitigated by the increased cost of operating the new generation frameworks.”
• “The Company continues to have a strong net asset position of £613,505 (2023: £718,185) and a strong cash position of £3,804,355 (2023: £1,437,956).”
• “An increase in trade creditors is due to the ongoing transition to a framework whereby the Company deals directly with its suppliers, with cashflow management dealt through the support of our JV partners.”
• “Scape Procure has in excess of 1000 public sector clients who have each signed an access agreement to enable the use of frameworks operated by Scape Procure. Having resecured appointments in 2020 to the current generation of Scape Frameworks, now extended until 2027, and following success in securing a leading position on Scape's new utilities framework, the business has managed to secure major commissions over this timeframe.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.