How much does Riwal (UK) Limited make?

Riwal (UK) Limited reported revenue of £11.7m and a loss of £5.5m in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does Riwal (UK) Limited have?

Riwal (UK) Limited reported an average of 52 employees in the year to 31 Dec 2022.

Is Riwal (UK) Limited profitable?

No — Riwal (UK) Limited reported a loss of £5.5m in the year to 31 Dec 2022.

Company No. 06488993

Riwal (UK) LimitedDissolved

Registered name: RIWAL (UK) LIMITED

Riwal (UK) Limited made £11.7m revenue and a £5.5m loss in the year to 31 Dec 2022.

Riwal (UK) Limited’s revenue grew 5% to £11.7m in the year to 31 Dec 2022, with a loss of £5.5m and 52 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.

Full P&L filed

This company is no longer on the Companies House register. Figures are from its last filed accounts.

Status: Dissolved

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: “Riwal Holding Group BV”

Last filed accounts · year to 31 Dec 2022

Key figures

Capital-light

Revenue

£11.7m

Growth ▲5%

Profit

−£5.5m

Growth —

Profit margin

−47%

Gross 38%

Employees

Change ▲6.1%

Profit / employee

−£106k

Revenue/employee £226k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£11.2m	£11.7m
Cost of sales	£6.8m	£7.3m
Gross profit	£4.4m	£4.5m
Operating profit	−£1.3m	−£5.4m
Profit before tax	−£1.4m	−£5.5m
Profit after tax	−£1.4m	−£5.5m
Profit (best available)	−£1.4m	−£5.5m
Staff costs	£2.1m	£2.2m
Employees (average)	49	52
Ratios
Profit margin	−12.6%	−47%
Gross margin	39.1%	38%
Revenue per employee	£228k	£226k
Profit per employee	−£28.8k	−£106k
Growth (year on year)
Revenue growth	—	▲5%
Headcount growth	—	▲6.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£704k	£879k
Net assets	−£2m	−£7.5m
Fixed assets	£778k	£63.3k
Current assets	£4m	£3.3m
Debtors	£2.9m	£1.9m
Deferred income	£75.9k	£518k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024

Derived from the latest filing

How the business works

Profit margin: −47%; Profit ÷ revenue.
Gross margin: 38%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £226k; Revenue ÷ average employees.
Profit per employee: −£106k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.2%; 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: —; Now −£7.5m
Cash at bank: ▲25%; Now £879k
Headcount: ▲6%; Now 52
Deferred income: ▲583%; Now £518k
Fixed assets: ▼92%; Now £63.3k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2022 (profit −£5.5m), from the Companies House accounts bulk data published Jun 2024. 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.