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Company No. 06881195 · Incorporated 20 Apr 2009

R J Refurbishments Limited

Registered name: R J REFURBISHMENTS LIMITED

R J Refurbishments Limited made £1.3m revenue and £353k profit in the year to 31 May 2023. read from filing text

R J Refurbishments Limited’s revenue fell 4% to £1.3m in the year to 31 May 2023, with £353k profit and 2 employees. The company is classified under “remediation activities and other waste management services” and is based in Wolverhampton; we hold 2 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 39000Remediation activities and other waste management services
Status
Active
Location
Wolverhampton, West Midlands
Age
17 yrs · since 2009
Type
Private Limited Company
Latest accounts · year to 31 May 2023

Key figures

IndependentSmall teamCapital-lightBoring industry
Revenue
£1.3m
Growth ▼4.2%
Profit
£353k
Growth ▲17.3%
Profit margin
27.6%
Gross 42.1%
Employees
2
Change 0%
Profit / employee
£176k
Revenue/employee £639k
Profitable streak
2yrs
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 to31 May 202231 May 2023
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£1.3m£1.3m
Cost of sales£890k£741k
Gross profit£445k£538k
Operating profit£377k£470k
Profit before tax£373k£461k
Profit after tax£301k£353k
Profit (best available)£301k£353k
Employees (average)22
Ratios
Profit margin22.5%27.6%
Gross margin33.3%42.1%
Revenue per employee£667k£639k
Profit per employee£150k£176k
Growth (year on year)
Revenue growth—▼4.2%
Profit growth—▲17.3%
Headcount growth—0%
Balance sheet — indirect signals, not revenue
Cash at bank£169k£240k
Net assets£141k£227k
Fixed assets£118k£98.9k
Current assets£340k£420k
Debtors£113k£97.1k
SourceFullAccounts · bulk data Feb 2024FullAccounts · bulk data Feb 2024
Derived from the latest filing

How the business works

Profit margin
27.6%
Profit ÷ revenue.
Gross margin
42.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£639k
Revenue ÷ average employees.
Profit per employee
£176k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
7.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
7.6%
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
▲61%
Now £227k
Cash at bank
▲42%
Now £240k
Headcount
0%
Now 2
Deferred income
—
Now —
Fixed assets
▼16%
Now £98.9k
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 May 2023 (profit £353k), from the Companies House accounts bulk data published Feb 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.