Restore PLC
Registered name: RESTORE PLC
Restore PLC made £275m revenue and £12.4m profit in the year to 31 Dec 2024.
Restore PLC’s revenue fell 1% to £275m in the year to 31 Dec 2024, with £12.4m profit and 2,580 employees. The company is classified under “other business support service activities” and is based in Rainham; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Rainham, London
- Age
- 22 yrs · since 2004
- Type
- Public Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £277m | £275m |
| Cost of sales | −£161m | −£153m |
| Gross profit | £116m | £123m |
| Operating profit | −£15m | £32.6m |
| Profit before tax | −£29m | £17.9m |
| Profit after tax | −£30.7m | £12.4m |
| Profit (best available) | −£30.7m | £12.4m |
| Employees (average) | 2,727 | 2,580 |
| Ratios | ||
| Profit margin | −11.1% | 4.5% |
| Gross margin | 42% | 44.5% |
| Revenue per employee | £102k | £107k |
| Profit per employee | −£11.3k | £4.8k |
| Growth (year on year) | ||
| Revenue growth | — | ▼0.7% |
| Headcount growth | — | ▼5.4% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Apr 2025 | Accounts · bulk data Apr 2025 |
How the business works
- Profit margin
- 4.5%
- Profit ÷ revenue.
- Gross margin
- 44.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £107k
- Revenue ÷ average employees.
- Profit per employee
- £4.8k
- 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
- ▼5%
- Now 2,580
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (9)
- 1 Big Data Management LimitedFigures not disclosed
- Data Shred LimitedFigures not disclosed
- Id Secured LimitedFigures not disclosed
- Restore Group Holdings LimitedFigures not disclosed
- Restore Shred LimitedFigures not disclosed
- The Document Warehouse (UK) LimitedFigures not disclosed
- Topwood LimitedFigures not disclosed
- Ultraerase LimitedFigures not disclosed
- Wansdyke Security LimitedFigures not disclosed
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 2024 (profit £12.4m), from the Companies House accounts bulk data published Apr 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.