How much does RM2 Limited make?

RM2 Limited reported revenue of £1.3m and £214k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does RM2 Limited have?

RM2 Limited reported an average of 4 employees in the year to 31 Dec 2023.

Is RM2 Limited profitable?

Yes — RM2 Limited reported a profit of £214k in the year to 31 Dec 2023.

Company No. 06894905

RM2 LimitedDissolved

Registered name: RM2 LIMITED

RM2 Limited made £1.3m revenue and £214k profit in the year to 31 Dec 2023. read from filing text

RM2 Limited’s revenue grew 8% to £1.3m in the year to 31 Dec 2023, with £214k profit and 4 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: “The company's immediate parent undertaking is RM2 Holland BV, a company incorporated in the”

Last filed accounts · year to 31 Dec 2023

Key figures

Small teamCapital-light

Revenue

£1.3m

Growth ▲8.1%

Profit

£214k

Growth —

Profit margin

17%

Gross 98.6%

Employees

Change 0%

Profit / employee

£53.5k

Revenue/employee £314k

Profitable streak

1yr

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 2022	31 Dec 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£1.2m	£1.3m
Cost of sales	£55.9k	£18.3k
Gross profit	£1.1m	£1.2m
Operating profit	−£154k	£51.7k
Profit before tax	−£153k	£74.6k
Profit after tax	−£80.9k	£214k
Profit (best available)	−£80.9k	£214k
Employees (average)	4	4
Ratios
Profit margin	−7%	17%
Gross margin	95.2%	98.6%
Revenue per employee	£290k	£314k
Profit per employee	−£20.2k	£53.5k
Growth (year on year)
Revenue growth	—	▲8.1%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£43k	£108k
Net assets	—	—
Fixed assets	£685	£6
Debtors	£4.2k	£9k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024

Derived from the latest filing

How the business works

Profit margin: 17%; Profit ÷ revenue.
Gross margin: 98.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £314k; Revenue ÷ average employees.
Profit per employee: £53.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.7%; 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 —
Cash at bank: ▲152%; Now £108k
Headcount: 0%; Now 4
Deferred income: —; Now —
Fixed assets: ▼99%; Now £6

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £214k), from the Companies House accounts bulk data published Sep 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.