Rhubarb Food Design Limited
Registered name: RHUBARB FOOD DESIGN LIMITED
Part of Ovg Europe Hospitality Holdings Limited groupRhubarb Food Design Limited made £80m revenue and £4m profit in the year to 30 Jun 2024.
Rhubarb Food Design Limited’s revenue was £80m in the year to 30 Jun 2024, with £4m profit and 626 employees. The company is classified under “other food services” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 28 yrs · since 1998
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 30 Jun 2024 |
|---|---|---|---|
| Disclosure | Profit & loss | Profit & loss | Profit & loss |
| Profit & loss | |||
| Revenue (turnover) | £11.8m | £38.1m | £80m |
| Cost of sales | −£10.7m | −£29.4m | −£61.2m |
| Gross profit | £1.1m | £8.7m | £18.9m |
| Operating profit | −£3.1m | £1.4m | £4m |
| Profit before tax | −£3.1m | £1.4m | £4m |
| Profit after tax | −£2.6m | £1.4m | £4m |
| Profit (best available) | −£2.6m | £1.4m | £4m |
| Employees (average) | 221 | 361 | 626 |
| Ratios | |||
| Profit margin | −22.3% | 3.6% | 5% |
| Gross margin | 9.3% | 22.8% | 23.6% |
| Revenue per employee | £53.3k | £106k | £128k |
| Profit per employee | −£11.9k | £3.8k | £6.4k |
| Growth (year on year) | |||
| Revenue growth | — | ▲223.5% | — |
| Headcount growth | — | ▲63.3% | — |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2024 | Accounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 5%
- Profit ÷ revenue.
- Gross margin
- 23.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £128k
- Revenue ÷ average employees.
- Profit per employee
- £6.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 626
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Ovg Europe Hospitality Holdings Limitedultimate parent75–100%
- Ovg Europe Hospitality Limited75–100%
- RHC Topco Limited75–100%
- Richmond Topco Limited75–100%
- RHC Midco Limited75–100%
- Richmond Bidco Limited75–100%
- Briers Topco Limited75–100%
- Briers Midco Limited75–100%
- Briers Bidco Limited75–100%
- RFD Holdings Limited75–100%
- Rhubarb Food Design Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Rhubarb at Sky Garden LimitedFigures not disclosed
Sister companies (5)
- 22 Bishopsgate by Rhubarb LimitedFigures not disclosed
- 8 Bishopsgate by Rhubarb LimitedFigures not disclosed
- Cottage Caterers With "Rhubarb" LimitedFigures not disclosed
- RHC Manchester LimitedFigures not disclosed
- Vivi by Rhubarb LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Jun 2024 (profit £4m), from the Companies House accounts bulk data published Mar 2026. Spotted an error? Request a correction.
Updated from Companies House on 19 Oct 2026