Rhonda Meats Limited
Registered name: RHONDA MEATS LIMITED
Rhonda Meats Limited made £16.8m revenue and a £1.1m loss in the year to 31 Mar 2025. read from filing text
Rhonda Meats Limited’s revenue fell 19% to £16.8m in the year to 31 Mar 2025, with a loss of £1.1m and 11 employees. The company is classified under “wholesale of meat and meat products” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 41 yrs · since 1985
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2021 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £22.5m | £36m | £20.6m | £16.8m |
| Cost of sales | £21.4m | £34.3m | £19.3m | £15.5m |
| Gross profit | £1.1m | £1.7m | £1.3m | £1.3m |
| Operating profit | −£198k | £3m | £1.3m | −£1.1m |
| Profit before tax | −£199k | £2.9m | £1.3m | −£1.1m |
| Profit after tax | −£226k | £2.7m | £1.5m | −£1.1m |
| Profit (best available) | −£226k | £2.7m | £1.5m | −£1.1m |
| Staff costs | £790k | £1.1m | £650k | £470k |
| Employees (average) | 19 | 19 | 15 | 11 |
| Ratios | ||||
| Profit margin | −1% | 7.4% | 7.1% | −6.3% |
| Gross margin | 4.7% | 4.8% | 6.3% | 7.6% |
| Revenue per employee | £1.2m | £1.9m | £1.4m | £1.5m |
| Profit per employee | −£11.9k | £140k | £98k | −£95.8k |
| Cash conversion | — | 39.5% | −120.1% | — |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼18.6% |
| Profit growth | — | — | — | ▼171.7% |
| Headcount growth | — | — | — | ▼26.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £471k | £681k | £1.6m | £334k |
| Net assets | £2m | £3.3m | £4.7m | £3.6m |
| Fixed assets | £1.5m | £25.2k | £2m | £2m |
| Current assets | £5.7m | £7.7m | £6.4m | £3.9m |
| Debtors | £4.9m | £4.1m | £4.2m | £3.2m |
| Deferred income | £153k | £24.6k | £27.2k | £46.8k |
| Cash from operations | £49k | £1.2m | −£1.6m | £1.2m |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Oct 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- −6.3%
- Profit ÷ revenue.
- Gross margin
- 7.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.5m
- Revenue ÷ average employees.
- Profit per employee
- −£95.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 12%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 19.1%
- Money owed by customers. Low = customers pay quickly.
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
- ▼23%
- Now £3.6m
- Cash at bank
- ▼79%
- Now £334k
- Headcount
- ▼27%
- Now 11
- Deferred income
- ▲72%
- Now £46.8k
- Fixed assets
- ▼0%
- Now £2m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Marbec Meats LimitedLondon · Wholesale of meat and meat products
- Revenue
- £16.7m
- Profit
- £814k
- Staff
- 70
- G. Lawrence Wholesale Meat Co. LimitedLondon · Wholesale of meat and meat products
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- Profit
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- Ken Briggs LtdLincolnshire · Wholesale of meat and meat products
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- TW Ludgate & Son LimitedOxford · Wholesale of meat and meat products
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- Sino International Trading LimitedManchester · Wholesale of meat and meat products
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- £14.8m
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- Eagle Foods LtdPeterborough · Wholesale of meat and meat products
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- £14.5m
- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£1.1m), from the Companies House accounts bulk data published Jun 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.