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Company No. 00821836 · Incorporated 5 Oct 1964

P.G. Rix (Farms) Limited

Registered name: P.G. RIX (FARMS) LIMITED

P.G. Rix (Farms) Limited made £16.9m revenue and £1.3m profit in the year to 28 Feb 2025.

P.G. Rix (Farms) Limited’s revenue grew 7% to £16.9m in the year to 28 Feb 2025, with £1.3m profit and 42 employees. The company is classified under “growing of cereals (except rice), leguminous crops and oil seeds” and is based in Colchester; we hold 4 years of its filed accounts.

Status
Active
Location
Colchester, East of England
Age
62 yrs · since 1964
Type
Private Limited Company
Latest accounts · year to 28 Feb 2025

Key figures

IndependentCash flow filed
Revenue
£16.9m
Growth ▲7.4%
Profit
£1.3m
Growth ▼46.4%
Profit margin
7.6%
Gross 69.1%
Employees
42
Change ▲2.4%
Profit / employee
£30.4k
Revenue/employee £402k
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 to28 Feb 202228 Feb 202329 Feb 202428 Feb 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£11.9m£13.5m£15.7m£16.9m
Cost of sales£3.9m£4.7m£4.8m£5.2m
Gross profit£8m£8.8m£10.9m£11.7m
Operating profit£2.9m£2.6m£3.5m£2.1m
Profit before tax£2.6m£2.2m£3.2m£1.8m
Profit after tax£2m£1.8m£2.4m£1.3m
Profit (best available)£2m£1.8m£2.4m£1.3m
Staff costs£1.8m£2m£2.4m£3.7m
Employees (average)34374142
Ratios
Profit margin16.7%13.2%15.2%7.6%
Gross margin67%65%69.3%69.1%
Revenue per employee£351k£366k£383k£402k
Profit per employee£58.7k£48.4k£58.1k£30.4k
Cash conversion−106.3%−161.3%−105.3%−232.7%
Growth (year on year)
Revenue growth—▲13.4%▲16.1%▲7.4%
Profit growth—▼10.3%▲33.1%▼46.4%
Headcount growth—▲8.8%▲10.8%▲2.4%
Balance sheet — indirect signals, not revenue
Cash at bank£5.8m£6m£6.4m£2.5m
Net assets£14.2m£15m£16.4m£17.7m
Fixed assets£10.7m£11.1m£11.6m£17.7m
Current assets£12.6m£13.9m£14.7m£10.5m
Debtors£3.4m£3.9m£3.5m£2.5m
Deferred income£121k£171k£387k£1.4m
Cash from operations−£3.1m−£4.2m−£3.7m−£4.8m
SourceAccounts · bulk data Nov 2023Accounts · bulk data Nov 2023FullAccounts · bulk data Nov 2024FullAccounts · bulk data Nov 2025
Derived from the latest filing

How the business works

Profit margin
7.6%
Profit ÷ revenue.
Gross margin
69.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£402k
Revenue ÷ average employees.
Profit per employee
£30.4k
Profit ÷ average employees.
Cash conversion
−232.7%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
104.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
8.6%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
14.8%
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
▲8%
Now £17.7m
Cash at bank
▼62%
Now £2.5m
Headcount
▲2%
Now 42
Deferred income
▲273%
Now £1.4m
Fixed assets
▲52%
Now £17.7m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £1.3m), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.

Updated from Companies House on 23 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.