How much does Ricor Limited make?

Ricor Limited reported revenue of £17.9m and a loss of £2.2m in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Ricor Limited have?

Ricor Limited reported an average of 127 employees in the year to 31 Mar 2025.

Is Ricor Limited profitable?

No — Ricor Limited reported a loss of £2.2m in the year to 31 Mar 2025.

Company No. 04161766 · Incorporated 16 Feb 2001

Ricor Limited

Registered name: RICOR LIMITED

Part of Ricor Global Limited group

Ricor Limited made £17.9m revenue and a £2.2m loss in the year to 31 Mar 2025.

Ricor Limited’s revenue fell 33% to £17.9m in the year to 31 Mar 2025, with a loss of £2.2m and 127 employees. The company is classified under “manufacture of other fabricated metal products” and is based in Studley; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25990Manufacture of other fabricated metal products n.e.c.

Status: Active
Location: Studley, West Midlands
Age: 25 yrs · since 2001
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: “Ricor Global Limited”

Latest accounts · year to 31 Mar 2025

Key figures

Revenue

£17.9m

Growth ▼33%

Profit

−£2.2m

Growth —

Profit margin

−12.2%

Gross −4.3%

Employees

127

Change ▼43.3%

Profit / employee

−£17.2k

Revenue/employee £141k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£34.6m	£27.6m	£26.7m	£17.9m
Cost of sales	£37m	£32.2m	£26.3m	£18.7m
Gross profit	−£2.4m	−£4.6m	£391k	−£778k
Operating profit	−£4.3m	−£6.9m	−£1.3m	−£2.1m
Profit before tax	−£4.3m	−£6.9m	−£1.4m	−£2.2m
Profit after tax	−£4.3m	−£6.7m	−£1.4m	−£2.2m
Profit (best available)	−£4.3m	−£6.7m	−£1.4m	−£2.2m
Staff costs	£5.7m	£5.2m	£5.9m	£4.6m
Employees (average)	198	163	224	127
Ratios
Profit margin	−12.4%	−24.3%	−5.4%	−12.2%
Gross margin	−6.8%	−16.7%	1.5%	−4.3%
Revenue per employee	£175k	£170k	£119k	£141k
Profit per employee	−£21.7k	−£41.3k	−£6.4k	−£17.2k
Growth (year on year)
Revenue growth	—	▼20.2%	▼3.4%	▼33%
Headcount growth	—	▼17.7%	▲37.4%	▼43.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£204k	£78.6k	£267k	£226k
Net assets	£15.4m	£8.7m	£7.3m	£5.1m
Fixed assets	£4.2m	£3.4m	£2.9m	£1.9m
Current assets	£34.1m	£28.4m	£30.6m	£22.9m
Debtors	£4.6m	£3.7m	£2.8m	£1.2m
Deferred income	£5.3m	£1.2m	£2.1m	£515k
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: −12.2%; Profit ÷ revenue.
Gross margin: −4.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £141k; Revenue ÷ average employees.
Profit per employee: −£17.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 10.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6.9%; 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: ▼30%; Now £5.1m
Cash at bank: ▼15%; Now £226k
Headcount: ▼43%; Now 127
Deferred income: ▼76%; Now £515k
Fixed assets: ▼35%; Now £1.9m

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

Ricor Global Limitedultimate parent75–100%
Ricor Group Limited75–100%
Ricor International Limited75–100%
Ricor Trade Holdings Limited75–100%
Ricor Limitedthis 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).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£2.2m), from the Companies House accounts bulk data published Oct 2025. 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.