How much does Right Formula Ltd make?

Right Formula Ltd reported revenue of £30m and £1.9m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Right Formula Ltd have?

Right Formula Ltd reported an average of 80 employees in the year to 31 Dec 2025.

Is Right Formula Ltd profitable?

Yes — Right Formula Ltd reported a profit of £1.9m in the year to 31 Dec 2025.

Company No. 06969725 · Incorporated 22 Jul 2009

Right Formula Ltd

Registered name: RIGHT FORMULA LTD

Part of Right Formula Group Limited group

Right Formula Ltd made £30m revenue and £1.9m profit in the year to 31 Dec 2025.

Right Formula Ltd’s revenue grew 3% to £30m in the year to 31 Dec 2025, with £1.9m profit and 80 employees. The company is classified under “other business support service activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

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.

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light

Revenue

£30m

Growth ▲2.5%

Profit

£1.9m

Growth ▼4.9%

Profit margin

6.3%

Gross 36.3%

Employees

Change ▲14.3%

Profit / employee

£23.7k

Revenue/employee £375k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£17.5m	£22.8m	£29.3m	£30m
Cost of sales	£9.6m	£15.5m	£20.6m	£19.1m
Gross profit	£7.9m	£7.3m	£8.7m	£10.9m
Operating profit	£1.4m	£1.3m	£2.2m	£2.4m
Profit before tax	£1.5m	£1.6m	£2.5m	£2.6m
Profit after tax	£1.2m	£1.3m	£2m	£1.9m
Profit (best available)	£1.2m	£1.3m	£2m	£1.9m
Staff costs	£3.2m	£3.7m	£4.8m	£5.7m
Employees (average)	52	65	70	80
Ratios
Profit margin	7.1%	5.6%	6.8%	6.3%
Gross margin	45%	31.9%	29.8%	36.3%
Revenue per employee	£336k	£351k	£418k	£375k
Profit per employee	£23.8k	£19.5k	£28.5k	£23.7k
Cash conversion	−70.2%	−56.6%	−111%	—
Growth (year on year)
Revenue growth	—	▲30.5%	▲28.3%	▲2.5%
Profit growth	—	▲2.7%	▲57.5%	▼4.9%
Headcount growth	—	▲25%	▲7.7%	▲14.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£6.1m	£5.7m	£7.6m	£8.2m
Net assets	£6.8m	£7.6m	£9.4m	£10.9m
Fixed assets	£439k	£564k	£451k	£580k
Current assets	£14.3m	£18.4m	£22.3m	£16.5m
Debtors	£2.8m	£5.1m	£2.7m	£2.5m
Deferred income	£6.1m	£5.4m	£8m	£3.5m
Cash from operations	−£996k	−£753k	−£2.5m	—
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 6.3%; Profit ÷ revenue.
Gross margin: 36.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £375k; Revenue ÷ average employees.
Profit per employee: £23.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 11.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.3%; 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: ▲15%; Now £10.9m
Cash at bank: ▲8%; Now £8.2m
Headcount: ▲14%; Now 80
Deferred income: ▼56%; Now £3.5m
Fixed assets: ▲29%; Now £580k

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

Corporate ownership

Group structure

Ownership chain

Right Formula Group Limitedultimate parent75–100%
Right Formula Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Patterrn LtdFigures not disclosed

Sister companies (2)

Crunch Communications LimitedFigures not disclosed
Right Formula Property LtdFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.9m), from the Companies House accounts bulk data published Sep 2026. 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.