Ribeye Ltd.
Registered name: RIBEYE LTD.
Part of I C Holdings Limited groupRibeye Ltd. made £17.5m revenue and £1.6m profit in the year to 30 Sep 2025.
Ribeye Ltd.’s revenue grew 22% to £17.5m in the year to 30 Sep 2025, with £1.6m profit and 78 employees. The company is classified under “building of pleasure and sporting boats” and is based in Dartmouth; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Dartmouth, South West
- Age
- 28 yrs · since 1998
- 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: “IC Holdings Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £14.4m | £17.5m |
| Cost of sales | £11.3m | £13.1m |
| Gross profit | £3.2m | £4.5m |
| Operating profit | £174k | £1.5m |
| Profit before tax | £93.4k | £1.5m |
| Profit after tax | £367k | £1.6m |
| Profit (best available) | £367k | £1.6m |
| Staff costs | £3.4m | £4m |
| Employees (average) | 78 | 78 |
| Ratios | ||
| Profit margin | 2.5% | 9.2% |
| Gross margin | 22% | 25.6% |
| Revenue per employee | £185k | £225k |
| Profit per employee | £4.7k | £20.7k |
| Growth (year on year) | ||
| Revenue growth | — | ▲21.5% |
| Profit growth | — | ▲339.6% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £4.5m | £4.2m |
| Net assets | £3.6m | £4.4m |
| Fixed assets | £3.6m | £3.5m |
| Current assets | £11.3m | £10.6m |
| Debtors | £1.3m | £1.3m |
| Deferred income | £487k | £683k |
| Source | FullAccounts · bulk data Jun 2026 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 9.2%
- Profit ÷ revenue.
- Gross margin
- 25.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £225k
- Revenue ÷ average employees.
- Profit per employee
- £20.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 19.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 7.7%
- 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
- ▲22%
- Now £4.4m
- Cash at bank
- ▼7%
- Now £4.2m
- Headcount
- 0%
- Now 78
- Deferred income
- ▲40%
- Now £683k
- Fixed assets
- ▼4%
- Now £3.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- I C Holdings Limitedultimate parent75–100%
- Ribeye Ltd.this company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Abc Leisure Group LimitedWorcestershire · Building of pleasure and sporting boats
- Revenue
- £13.2m
- Profit
- £94.8k
- Staff
- 167
- Pascoe International LimitedSwanwick · Building of pleasure and sporting boats
- Revenue
- £12.5m
- Profit
- £829k
- Staff
- 99
- Lang & Potter Marine LimitedEstate Plymouth · Building of pleasure and sporting boats
- Revenue
- £12.3m
- Profit
- £774k
- Staff
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- Pearl Yachts LtdWarwick · Building of pleasure and sporting boats
- Revenue
- £29m
- Profit
- £2.9m
- Staff
- 8
- Williams Jet Tenders LimitedBerinsfield Wallingford · Building of pleasure and sporting boats
- Revenue
- £34.9m
- Profit
- £3.7m
- Staff
- 134
Sources
Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £1.6m), 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.