Reds10 (UK) Limited
Registered name: REDS10 (UK) LIMITED
Part of Ruddick Limited groupReds10 (UK) Limited made £145m revenue and £6.1m profit in the year to 31 Mar 2025.
Reds10 (UK) Limited’s revenue grew 2% to £145m in the year to 31 Mar 2025, with £6.1m profit and 406 employees. The company is classified under “construction of commercial buildings” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 20 yrs · since 2006
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £83.8m | £143m | £145m |
| Cost of sales | −£70.2m | −£124m | −£122m |
| Gross profit | £13.6m | £18.7m | £22.3m |
| Operating profit | £5.2m | £6.9m | £6.9m |
| Profit before tax | £5.2m | £7m | £7.1m |
| Profit after tax | £5.7m | £5.9m | £6.1m |
| Profit (best available) | £5.7m | £5.9m | £6.1m |
| Employees (average) | 209 | 310 | 406 |
| Ratios | |||
| Profit margin | 6.8% | 4.2% | 4.2% |
| Gross margin | 16.3% | 13.1% | 15.4% |
| Revenue per employee | £401k | £460k | £356k |
| Profit per employee | £27.1k | £19.1k | £15.1k |
| Growth (year on year) | |||
| Revenue growth | — | ▲70.1% | ▲1.5% |
| Profit growth | — | ▲4.8% | ▲3.5% |
| Headcount growth | — | ▲48.3% | ▲31% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Oct 2024 | Accounts · bulk data Oct 2024 | Accounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 4.2%
- Profit ÷ revenue.
- Gross margin
- 15.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £356k
- Revenue ÷ average employees.
- Profit per employee
- £15.1k
- 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
- ▲31%
- Now 406
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Ruddick Limitedultimate parent75–100%
- Reds10 Group Limited75–100%
- Reds10 (UK) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (6)
- Reds 10 Modular LimitedRev. £27.5m · Profit £2.8m
- Apteriors LimitedFigures not disclosed
- Enlight10 LimitedFigures not disclosed
- K10 Apprenticeships LtdFigures not disclosed
- R10 Nominee LimitedFigures not disclosed
- Reds10 Developments LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit £6.1m), from the Companies House accounts bulk data published Dec 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.