Red Matter Limited
Registered name: RED MATTER LIMITED
Part of N2JB Limited groupRed Matter Limited does not publish its revenue or profit. Its accounts to 31 Dec 2024 show net assets of -£11m and 29 employees.
Red Matter Limited did not publish its revenue or profit — small companies aren’t required to file a profit & loss account. Its accounts for the year to 31 Dec 2024 showed net assets of −£11m and 29 employees. The company is classified under “information technology consultancy activities” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 17 yrs · since 2009
- 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
Revenue not disclosed
Red Matter Limited’s accounts for the year to 31 Dec 2024 contain a balance sheet but no profit & loss account, so its revenue and profit are not public. UK small and micro-entity companies are not required to publish a P&L — this is normal and says nothing about how the business is performing.
We never estimate revenue. Below you’ll find the balance-sheet figures that were filed — useful as indirect signals of momentum, but they are not revenue or profit.
- Employees
- 29
- Net assets
- −£11m
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | No P&L | No P&L | No P&L |
| Profit & loss | |||
| Revenue (turnover) | — | — | — |
| Profit (best available) | — | — | — |
| Employees (average) | 28 | 25 | 29 |
| Ratios | |||
| Profit margin | — | — | — |
| Growth (year on year) | |||
| Headcount growth | — | ▼10.7% | ▲16% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £182k | £79.4k | £46.2k |
| Net assets | −£6.8m | −£8.4m | −£11m |
| Fixed assets | £8m | £8.8m | £9.9m |
| Current assets | £3.7m | £2.5m | £2.6m |
| Debtors | £3.5m | £0 | £10.3k |
| Deferred income | £267k | £285k | £105k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
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 −£11m
- Cash at bank
- ▼42%
- Now £46.2k
- Headcount
- ▲16%
- Now 29
- Deferred income
- ▼63%
- Now £105k
- Fixed assets
- ▲12%
- Now £9.9m
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
- N2JB Limitedultimate parent75–100%
- Red Matter Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Natterbox LimitedRev. £19m · Profit £1m
- Natterbox (Mobile) LtdFigures not disclosed
- Natterbox Experience LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- GSR International LimitedKnutsford · Information technology consultancy activities
- Revenue
- £287m
- Profit
- £71.2m
- Staff
- 198
- Kronos Worldwide LimitedBracknell · Information technology consultancy activities
- Revenue
- £726m
- Profit
- £62.9m
- Staff
- —
- Kainos Group PLCLondon · Information technology consultancy activities
- Revenue
- £431m
- Profit
- £42.5m
- Staff
- 2,947
- Sopra Steria LimitedLondon · Information technology consultancy activities
- Revenue
- £436m
- Profit
- £40.7m
- Staff
- 2,981
- Endava PLCLondon · Information technology consultancy activities
- Revenue
- £772m
- Profit
- £21.2m
- Staff
- 11,479
- Reply LimitedLondon · Information technology consultancy activities
- Revenue
- £333m
- Profit
- £19.1m
- Staff
- —
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024, from the Companies House accounts bulk data published Sep 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.