R E People Limited
Registered name: R E PEOPLE LIMITED
Part of Whitfield Challenger Ltd groupR E People Limited made £18m revenue and £329k profit in the year to 30 Apr 2025.
R E People Limited’s revenue was £18m in the year to 30 Apr 2025, with £329k profit and 47 employees. The company is classified under “other activities of employment placement agencies” and is based in Cheltenham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Cheltenham, South West
- Age
- 21 yrs · since 2005
- 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 Jul 2022 | 31 Jul 2023 | 31 Jul 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £32.3m | £29.3m | £24.8m | £18m |
| Cost of sales | £27.3m | £24.9m | £21.4m | £15.6m |
| Gross profit | £5m | £4.4m | £3.4m | £2.4m |
| Operating profit | £930k | −£11.7k | £252k | £443k |
| Profit before tax | £930k | −£11.2k | £252k | £443k |
| Profit after tax | £758k | −£40.5k | £179k | £329k |
| Profit (best available) | £758k | −£40.5k | £179k | £329k |
| Staff costs | £2.5m | £2.8m | £1.8m | £1.2m |
| Employees (average) | 67 | 65 | 47 | 47 |
| Ratios | ||||
| Profit margin | 2.3% | −0.1% | 0.7% | 1.8% |
| Gross margin | 15.5% | 15% | 13.6% | 13.2% |
| Revenue per employee | £482k | £450k | £527k | £383k |
| Profit per employee | £11.3k | −£623 | £3.8k | £7k |
| Cash conversion | 109.7% | — | 217.2% | 105.2% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼9.4% | ▼15.3% | — |
| Profit growth | — | ▼105.3% | — | — |
| Headcount growth | — | ▼3% | ▼27.7% | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £117k | £67.5k | £80.9k | £127k |
| Net assets | £566k | £272k | £351k | £525k |
| Fixed assets | £221k | £187k | £140k | £77.2k |
| Current assets | £5.7m | £5.4m | £4.9m | £4.1m |
| Debtors | £4.2m | £4.1m | £3.6m | £2.8m |
| Deferred income | £472k | £429k | £627k | £350k |
| Cash from operations | £1m | −£238k | £547k | £466k |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 1.8%
- Profit ÷ revenue.
- Gross margin
- 13.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £383k
- Revenue ÷ average employees.
- Profit per employee
- £7k
- Profit ÷ average employees.
- Cash conversion
- 105.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 15.7%
- 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 £525k
- Cash at bank
- —
- Now £127k
- Headcount
- —
- Now 47
- Deferred income
- —
- Now £350k
- Fixed assets
- —
- Now £77.2k
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
- Whitfield Challenger Ltdultimate parent75–100%
- Partners in Recruitment Group Limited75–100%
- R E People Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Safehands Recruitment LtdRev. £14.4m · Profit £144k
- R E Personnel LimitedFigures not disclosed
- Safehands Recruitment Franchise LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- NL Group LimitedHull · Other activities of employment placement agencies
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- £18.3m
- Profit
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- Staff
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- Hamilton Barnes Associates LimitedLondon · Other activities of employment placement agencies
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- SW Global Resourcing LimitedOther activities of employment placement agencies
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- Niyaa People LimitedBirmingham · Other activities of employment placement agencies
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- Back to Work Training LimitedStockport · Other activities of employment placement agencies
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- E-Resourcing LimitedEpsom · Other activities of employment placement agencies
- Revenue
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- Profit
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- Staff
- —
Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £329k), from the Companies House accounts bulk data published Feb 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.