Retraining of Racehorses
Registered name: RETRAINING OF RACEHORSES
Retraining of Racehorses made £2.5m revenue and £669k profit in the year to 31 Dec 2025.
Retraining of Racehorses’s revenue grew 84% to £2.5m in the year to 31 Dec 2025, with £669k profit and 14 employees. The company is classified under “other amusement and recreation activities” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 26 yrs · since 2000
- Type
- PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £1.3m | £2.5m |
| Cost of sales | £1.7m | £2.1m |
| Operating profit | −£367k | £327k |
| Profit before tax | £306k | £669k |
| Profit after tax | £306k | £669k |
| Profit (best available) | £306k | £669k |
| Employees (average) | 15 | 14 |
| Ratios | ||
| Profit margin | 22.8% | 27.1% |
| Revenue per employee | £89.5k | £176k |
| Profit per employee | £20.4k | £47.8k |
| Growth (year on year) | ||
| Revenue growth | — | ▲84% |
| Profit growth | — | ▲118.8% |
| Headcount growth | — | ▼6.7% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Sep 2026 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 27.1%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £176k
- Revenue ÷ average employees.
- Profit per employee
- £47.8k
- 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
- ▼7%
- Now 14
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (1)
- Ror Trading CICRev. £18k · Profit £18k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £669k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 12 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.