R2C Online Limited
Registered name: R2C ONLINE LIMITED
Part of Corpay, Inc groupR2C Online Limited made £12.2m revenue and £6.5m profit in the year to 31 Dec 2025.
R2C Online Limited’s revenue grew 15% to £12.2m in the year to 31 Dec 2025, with £6.5m profit and 53 employees. The company is classified under “business and domestic software development” and is based in Sheffield; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Sheffield, Yorkshire and The Humber
- Age
- 22 yrs · since 2003
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £7.8m | £9.1m | £10.6m | £12.2m |
| Cost of sales | £408k | £169k | £382k | £370k |
| Gross profit | £7.3m | £9m | £10.2m | £11.8m |
| Operating profit | £4m | £5.9m | £6.9m | £8.6m |
| Profit before tax | £4m | £5.9m | £6.9m | £8.6m |
| Profit after tax | £3.6m | £4.5m | £5.2m | £6.5m |
| Profit (best available) | £3.6m | £4.5m | £5.2m | £6.5m |
| Staff costs | £2.3m | £2.1m | £2.3m | £2.1m |
| Employees (average) | 59 | 54 | 0 | 53 |
| Ratios | ||||
| Profit margin | 46.3% | 49.3% | 48.6% | 53.1% |
| Gross margin | 94.7% | 98.2% | 96.4% | 97% |
| Revenue per employee | £131k | £169k | — | £230k |
| Profit per employee | £60.8k | £83.6k | — | £122k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲18% | ▲16.1% | ▲14.9% |
| Profit growth | — | ▲25.8% | ▲14.4% | ▲25.4% |
| Headcount growth | — | ▼8.5% | ▼100% | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £3.4m | £2.1m | £1.3m | £204k |
| Net assets | £12.5m | £17m | £22.2m | £1.4m |
| Fixed assets | £3m | £3.1m | £3.4m | £3.9m |
| Current assets | £12.4m | £16m | £20.9m | £1m |
| Debtors | £463k | £490k | £540k | £751k |
| Deferred income | £858k | £1m | £1.2m | £930k |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- 53.1%
- Profit ÷ revenue.
- Gross margin
- 97%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £230k
- Revenue ÷ average employees.
- Profit per employee
- £122k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 31.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 7.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6.2%
- 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
- ▼94%
- Now £1.4m
- Cash at bank
- ▼84%
- Now £204k
- Headcount
- —
- Now 53
- Deferred income
- ▼22%
- Now £930k
- Fixed assets
- ▲15%
- Now £3.9m
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
- Corpay, Inc (registered outside the UK register)ultimate parent75–100%
- Fleetcor Fuel Cards Europe Limited75–100%
- Fleetcor UK Acquisition Limited75–100%
- Quadrum Investments Group Limited75–100%
- R2C Online Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Epyx LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £6.5m), from the Companies House accounts bulk data published May 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.