How much does Ruddy Joinery Limited make?

Ruddy Joinery Limited reported revenue of £63.4m and a loss of £16.4m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Ruddy Joinery Limited have?

Ruddy Joinery Limited reported an average of 155 employees in the year to 31 Dec 2024.

Is Ruddy Joinery Limited profitable?

No — Ruddy Joinery Limited reported a loss of £16.4m in the year to 31 Dec 2024.

Company No. 01352763 · Incorporated 13 Feb 1978

Ruddy Joinery Limited

Registered name: RUDDY JOINERY LIMITED

Ruddy Joinery Limited made £63.4m revenue and a £16.4m loss in the year to 31 Dec 2024.

Ruddy Joinery Limited’s revenue grew 36% to £63.4m in the year to 31 Dec 2024, with a loss of £16.4m and 155 employees. The company is classified under “other construction installation” and is based in Bedfordshire; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43290Other construction installation SIC 43320Joinery installation SIC 43390Other building completion and finishing

Status: Active
Location: Bedfordshire, South East
Age: 48 yrs · since 1978
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

IndependentCapital-lightDoing more with lessBoring industryCash flow filed

Revenue

£63.4m

Growth ▲35.9%

Profit

−£16.4m

Growth ▼3176%

Profit margin

−25.9%

Gross 16.2%

Employees

155

Change ▼2.5%

Profit / employee

−£106k

Revenue/employee £409k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Profit only	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£46.7m	£63.4m
Cost of sales	—	£42.1m	£53.2m
Gross profit	—	£4.6m	£10.3m
Operating profit	—	£250k	£5.8m
Profit before tax	—	£186k	−£15.6m
Profit after tax	£1.3m	£534k	−£16.4m
Profit (best available)	£1.3m	£534k	−£16.4m
Staff costs	—	£8.7m	£8.7m
Employees (average)	166	159	155
Ratios
Profit margin	—	1.1%	−25.9%
Gross margin	—	9.8%	16.2%
Revenue per employee	—	£294k	£409k
Profit per employee	£7.6k	£3.4k	−£106k
Cash conversion	—	−1517%	21.4%
Growth (year on year)
Revenue growth	—	—	▲35.9%
Profit growth	—	▼57.6%	▼3176%
Headcount growth	—	▼4.2%	▼2.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£10.1m	£6.1m	£7m
Net assets	£26.4m	£26.9m	£10.1m
Fixed assets	£571k	£576k	£610k
Current assets	£45.7m	£44.7m	£29.6m
Debtors	£35.4m	£38.4m	£22.4m
Deferred income	£17.6m	£16m	£15.2m
Cash from operations	—	−£3.8m	£1.2m
Source	Accounts · bulk data Jul 2024	Accounts · bulk data Jul 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −25.9%; Profit ÷ revenue.
Gross margin: 16.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £409k; Revenue ÷ average employees.
Profit per employee: −£106k; Profit ÷ average employees.
Cash conversion: 21.4%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 24%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 35.4%; 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: ▼62%; Now £10.1m
Cash at bank: ▲16%; Now £7m
Headcount: ▼3%; Now 155
Deferred income: ▼5%; Now £15.2m
Fixed assets: ▲6%; Now £610k

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

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£16.4m), from the Companies House accounts bulk data published Sep 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.