How much does Red Helix Limited make?

Red Helix Limited reported revenue of £20.8m and a loss of £824k in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does Red Helix Limited have?

Red Helix Limited reported an average of 43 employees in the year to 31 Mar 2024.

Is Red Helix Limited profitable?

No — Red Helix Limited reported a loss of £824k in the year to 31 Mar 2024.

Company No. 01828804 · Incorporated 29 Jun 1984

Red Helix Limited

Registered name: RED HELIX LIMITED

Part of Alphabet Bidco Limited group

Red Helix Limited made £20.8m revenue and a £824k loss in the year to 31 Mar 2024. read from filing text

Red Helix Limited’s revenue fell 8% to £20.8m in the year to 31 Mar 2024, with a loss of £824k and 43 employees. The company is classified under “information technology consultancy activities” and is based in Aylesbury; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62020Information technology consultancy activities SIC 62090Other information technology service activities

Status: Active
Location: Aylesbury, South East
Age: 42 yrs · since 1984
Type: Private Limited Company

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. From the filing: “The immediate parent undertaking is Phoenix Datacom”

Latest accounts · year to 31 Mar 2024

Key figures

Capital-light

Revenue

£20.8m

Growth ▼8.3%

Profit

−£824k

Growth —

Profit margin

−4%

Gross 30.8%

Employees

Change ▲2.4%

Profit / employee

−£19.2k

Revenue/employee £483k

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 Mar 2022	31 Mar 2023	31 Mar 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£21.7m	£22.6m	£20.8m
Cost of sales	£15.6m	£16.2m	£14.4m
Gross profit	£6.1m	£6.4m	£6.4m
Operating profit	£117k	−£644k	−£919k
Profit before tax	£95.1k	−£644k	−£913k
Profit after tax	£54k	−£649k	−£824k
Profit (best available)	£54k	−£649k	−£824k
Staff costs	£3.3m	£3.9m	£3.7m
Employees (average)	39	42	43
Ratios
Profit margin	0.3%	−2.9%	−4%
Gross margin	28.1%	28.3%	30.8%
Revenue per employee	£557k	£539k	£483k
Profit per employee	£1.4k	−£15.4k	−£19.2k
Growth (year on year)
Revenue growth	—	▲4.2%	▼8.3%
Profit growth	—	▼1302%	—
Headcount growth	—	▲7.7%	▲2.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.8m	£4m	£2.6m
Net assets	£1.4m	£445k	−£99.3k
Fixed assets	£306k	£485k	£450k
Current assets	£14.4m	£14.6m	£9.3m
Debtors	£4.3m	£5.5m	£2.6m
Deferred income	£8.4m	£8.1m	£5.9m
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: −4%; Profit ÷ revenue.
Gross margin: 30.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £483k; Revenue ÷ average employees.
Profit per employee: −£19.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 28.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 12.4%; 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: ▼122%; Now −£99.3k
Cash at bank: ▼36%; Now £2.6m
Headcount: ▲2%; Now 43
Deferred income: ▼28%; Now £5.9m
Fixed assets: ▼7%; Now £450k

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

Alphabet Bidco Limitedultimate parent75–100%
Phoenix Datacom Group Limited75–100%
Red Helix Limitedthis company

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

Sister companies (2)

Phoenix Datacom LimitedFigures not disclosed
Red Helix Cyber Services LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit −£824k), from the Companies House accounts bulk data published Dec 2024. 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.